Neutral budget for Delhi

New Delhi, March 23 | Updated: Mar 24 2005, 05:32am hrs
The Delhi government, on Wednesday, presented a neutral budget for the fiscal 2005-06 with both revenue and expenditure pegged at Rs 11,500 crore. The states own tax revenue is estimated at Rs 7,393 crore. On the expenditure side, the state government has pegged revenue expenditure at Rs 6,693 crore while the remaining Rs 4,806 crore as capital expenditure. The centrally sponsored scheme is pegged at Rs 72 crore.

Loans against small saving collections is estimated at Rs 2,245 crore while the revenue receipt is pegged at Rs 9,052 crore.

Meanwhile, on the expenditure side, the state government has earmarked Rs 1,365 crore for the transport sector, which is 26.76% of the total play outlay, for the coming fiscal. In 2004-05, a sum of Rs 1,118.7 crore was spent on the transport sector.

The state government has outlayed an amount of Rs 606 crore for medical and public health, which is about 12% of the total plan outlay. In 2004-05, the spending on the sector was at Rs 523 crore. For water supply and sanitation, the state government has marked Rs 732 crore signifying 14.35% of the total plan outlay.

A sum of Rs 784 crore has been estimated for urban development for the coming year. This would be 15.38% of the total plan outlay. For 2004-05, the state government spent Rs 579 crore in 2004-05.