The current government of Delhi presented the budget for financial year 2021-2022. The state government presented a Rupees 69,000 crore budget which was themed on patriotism.

The current Budget was presented by the Deputy Chief Minister of Delhi, Manish Sisodia. While presenting the budget, Deputy Chief Minister announced that the government has decided to celebrate 75th Independence Day of India. The Delhi government will hold programmes from 12th March 2021 which will last for 75 weeks.

Budget

  • Manish Sisodia announced that, under the “Deshbhakti Budget”, Delhi government has proposed to allocate Rs 45 crores in order to install high masts so as to hoist the national flag at 500 places in Delhi.
  • The Deshbhakti period will be organised in the city schools. The 2021 budget highlights that, Delhi government seeks to increase the per capita income of the Delhi in order to reach to the level of Singapore by year 2047.
  • Delhi government will also allocate Rs 10 crores for the programmes on Bhagat Singh’s life during the Deshbhakti celebrations.
  • The 2021 budget accounts for the budget outlay of more than 6.1% than the budget presented for financial 2020-21.

Delhi Economy

The Economy of the India’s capital Delhi is the 13th largest in all the states and UTs. The nominal GSDP of Delhi was estimated at Rs 6.86 lakh crores for the fiscal year 2017-18. In 2014-15, the growth rate was 9.2 per cent. In 2017-18, the tertiary sector had contributed about 85 per cent of the GSDP in Delhi while the secondary and primary sectors contributed 12 per cent and 3 per cent respectively. The services sector had recorded the annual growth of 7.3 per cent. National Capital Territory (NCT) is the largest commercial centre in the north India. The recent estimates, as of 2020, the economy of Urban area in Delhi was accounted for $295 billion.

Delhi govt Presents Deshbhakti Budget for 2021 Delhi govt Presents Deshbhakti Budget for 2021