Education, health and transport sectors found emphasis in the Rs 60,000 crore budget for 2019-20 presented by the Aam Aadmi Party (AAP) government in the Delhi Assembly Tuesday, which it said is "two times more" than its first one presented in 2014-15.
Presenting his government's last budget in the Assembly, Deputy Chief Minister Manish Sisodia said the budget is dedicated to soldiers killed in the February 14 Pulwama attack.
The Delhi Assembly session began with a standing ovation to the Indian Air Force which carried out pre-dawn air strikes on terror camps inside Pakistani territory.
"I salute the bravery of Indian Air Force pilots who have made us proud by striking terror targets in Pakistan," Delhi Chief Minister Arvind Kejriwal said in a tweet.
"The budget estimates for 2019-20 are pegged at Rs 60,000 crore which is two times more than the budget presented in 2014-15," Sisodia said.
The budget estimate of Rs 60,000 crore in 2019-20 is 13.21 per cent higher than the estimate of Rs 53,000 crore last year. The proposed budget of Rs 60,000 crore in 2019-20 is almost double the total expenditure of Rs 30,940 crore in 2014-15, the report said.
The total financial support of Rs 6,380 crore is proposed for the local bodies in 2019-20 which includes Rs 2,331 crore as tied fund for implementation of schemes by local bodies and Rs 2,331 crore as Basic Tax Assignment (BTA).
Around Rs 1,805 crore has been provided for local bodies as share in stamps and registration fee and one time parking fee, it said.
The contribution of Delhi to the national GDP also increased from 3.97 per cent in 2014-15 to 4.14 per cent in 2018-19 though we are only 1.4 per cent of the total population, the budget report said.
At constant prices, Delhi's economy is expected to grow at the rate of 8.61 per cent in 2018-19 whereas the all India growth rate is 7.2 per cent. The annual average growth of GSDP in last four years remains at 8.92 per cent which exhibits strong economic fundamentals of Delhi's economy, the report said.
The per capita income of Delhi is Rs 3,65,529 in 2018-19 with an increase of 11 per cent over the per capita income of Rs 3,28,985 in 2017-18.
The per capita income of Delhi in 2018-19 is about three times higher than the per capita income of Rs 1,25,397 at national level, it said.
PTI
