Delhi budget highlights: VAT on sweets, readymade clothes reduced to 5%
The Delhi government has decided to hike the budget allocation of municipal corporations by Rs 1,000 crore, finance minister Manish Sisodia announced on Monday.delhi Updated: Mar 28, 2016 17:21 IST
The Delhi government has decided to hike the budget allocation of municipal corporations by Rs 1,000 crore, finance minister Manish Sisodia announced on Monday.
“The budget allocation for the municipal corporations of Delhi was Rs 5,908 crore last year. It was later increased to Rs 5,999 crore. This year we have decided to increase it to Rs 6,919 crore,” Sisodia, the deputy chief minister and finance minister, told the Delhi assembly.
Highlights of Manish Sisodia’s budget speech
- Sisodia ends his budget speech.
-Chief minister Arvind Kejriwal said: “This is budget of Aam Aadmi by the Aam Aadmi.”
- Luxury tax will be applicable on hotels charging Rs 1500 or above. This will benefit the hotel industry.
- VAt on footwear and school bags has also been reduced to 5% from 12.5%.
- Tax on watches in Delhi depends on the price of watch. We propose to impose 12.5% tax on all kind of watches.
- VAT on sweets and snacks and readymade garments has been reduced from 12.5% to 5%.
- Our aim is to keep the tax slab at par with neighbour states. We have reduced VAT in few items for that.
- A skywalk will be constructed to connect Qutub Minar with the metro station. This will boost tourism.
- Subsidy in electricity bill to continue, Rs 1600 crore set aside for this.
- Rs 10 crore for tourism sector, will organise Delhi festival.
- Development of slum cluster is also important. For slum free Delhi, we have started rehabilitation.
- DSIIDC has been asked to start work of road and drain in unauthorised colonies of Delhi. Rs 300 crore allocated.
- Delhi Jal board will prepare a comprehensive plan for rain water harvesting.
- We have waived of late payment charges in disputed water bills.
- We will provide drinking water through pipeline in every colony by December 2017. Rs 676 crore set aside for this.
- We have collected Rs 178 crore extra through water bill as people installed meters to get benefit of govt scheme.
- Working women hostel having capacity of 50 will be inaugurated in Dwarka.
- 42000 dark spots have been identified. R 114 crore allocated to ensure proper lighting here for women safety.
- Roads will be cleaned with vacuum cleaner to control dust pollution. Rs 100 crore has been set aside for this.
- To tackle air pollution Number of air quality monitoring centre will be increased to 9 from existing 6.
- Rs 763 crore will be given to Delhi metro as they are crucial in improving the public transport.
- We will encourage cycling, 11 roads will be redesigned for this. Rs 2,208 crore is allocated for road improvement.
- We will give benefit in road tax in registration of electric vehicle.
- We will introduce 1000 new non-AC buses, new bus depot will be constructed. Rs 325 crore allocated for this.
- Two new elevated BRT corridor will be constructed.
- Existing bus terminal will be renovated, a new one will be constructed in Dwarka.
- Traffic jam is a big problem in Delhi, we want people to use public transport system.
- We will open 100 new Mohalla clinics.
- Every year Rs 3 crore people visit Delhi govt hospitals. Govt is trying to strengthen the public health sector.
- Rs 10,690 crore is allocated for education sector.
- We plan to spend more on education unlike other state governments.
- We will promote sports facilities in schools. Have kept Rs 48 crore for this.
- We will arrange advance training for teachers of govt schools. I have kept Rs 102 crore for this.
- Rs 100 crore has been set aside for CCTV installation in schools. Will recruit teachers in this financial year.
- We will create infrastructure for better education system. 8000 class rooms have been constructed.
- We have started wifi in buses, will start Aam Aadmi canteen.
- Rs 10 crore has been set aside for Aam Aadmi canteen, where people will get hygienic food at affordable price.
- We have launched e-district, people can get certificates online. We have done away with 200 affidavits.
- Budget for municipal corporations increased by Rs 1000 crore. Hope they will use it to pay salary.
- Delhites pay Rs 1,30,000 crore tax to central govt but Delhi’s share in central tax is very less.
- Total budget outlay for this financial year is Rs 46,600 crore.
- Delhi’s per capita income is three times more than the national average.
- Whole world is praising the odd-even experiment started by AAP govt.
- We have established an honest government in Delhi.
- This budget will fulfill the promises made in the election manifesto of AAP.
Deputy chief minister Manish Sisodia tabled the Delhi Budget at 2 pm on Monday. Sectors like education, health and transport are likely to get major allocation.
In the 2015-16 budget, the government had allocated Rs 9,836 crore for the education sector out of which Rs 4,570 crore was given under the plan outlay, which was an increase of around 106 percent.
The House will sit only for five days till March 31.
With inputs from Agencies.