Delhi’s First Ever Paperless Budget; Proposes a Holistic Approach to Burgeoning Economy

The Budget session will be held from 8-16 of March unfolding sanctions to the health, education, and infrastructure sector.

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Delhi’s First Ever Paperless Budget; Proposes a Holistic Approach to Burgeoning Economy THE POLICY TIMES

Finance Minister Manish Sisodia tabled a budget at Rs 69,000 crore for the year 2021-22 on the 8th of March which seeks to lay the foundation to ensure dignity to the citizens of the state in the year 2047. Sisodia presented the budget for the seventh time consecutively for the state.

2021-22 fiscal focuses on prominent areas such as health, education, and infrastructure including water supply. Previously, the state presented Rs 65,000 crore for the financial year 2020-21.

Health to Education

Rs.16.377 crores were allocated for the education sector of the state.  While Rs 25 crore was sanctioned for yoga and meditation teachers trained by the Delhi Government. This budget committed the establishment of a Sainik school and a Delhi Armed Forces Preparatory Academy. The legislative party announced free COVID vaccination post the termination of the national vaccination program for which Rs50 crore has been ratified. A sum of Rs 9,934 crores is allocated for the development of the health care sector. It is also conveyed that 100 Mohalla Clinics will be set up for women across the province.

Also Read:  ‘The new programme was an attempt to minimize the loss to the education and experience of classroom learning’; Manish Sisodia

‘Deshbhakti’ Chronicled

A sum of Rs10 crores has been sanctioned exclusively for programs meant to honor Shaheed Bhagat Singh. The AAP has also decided to celebrate the country’s 75th Independence Day for 75 weeks beginning on 12 March. ₹45 crores have been allocated for this purpose.

TPT Policy Advocacy & Recommendations

  • The government has dedicated this year’s Budget to empowerment and self-reliance of the capital through holistic and inclusive development. It has 6 contemplated to operationalize and recrudesce the economy. It re-iterates to revive growth and implement employment to bridge the gaps.
  • The Finance Minister chose to focus on pumping of economy, at the cost of fiscal discipline which is well justified given the unanticipated times we are in. Intending to simply the tax regime the government has convened the most important aspect. It will be noteworthy to observe if the system would hold onto its new regimes and digress its pristine commitments
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Delhi’s First Ever Paperless Budget; Proposes a Holistic Approach to Burgeoning Economy
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The Budget session will be held from 8-16 of March unfolding sanctions to the health, education, and infrastructure sector.
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THE POLICY TIMES
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