Delhi budget: No new tax proposals; Rs 260 cr for power subsidy
- 5 years ago
A day after power tariff hike, the Government has announced subsidy for Delhi residents consuming electricity up to 400 units. This is part of Delhi budget which was presented by Finance Minister, Arun Jaitley, in the Lok Sabha today.
"Those using units up to 200, will get subsidy at the rate of Rs. 1.20 per unit, while it will be 80 paise for consumption between 201-400 units. Total of Rs. 260 crore provided for this," Jaitley said while highlighting the key points of the budget.
Since Delhi is under President's rule, which is why it is the responsibility of the Central Government to present the budget in Lok Sabha.
No tax proposals
He also announced that there will not be any new tax proposal. There are a lot of welfare initiatives in the budget. These include a new medical college (in Rohini, West Delhi), 50 new dialysis centres, 110 ambulances for road accident victims, and a one-stop centre for the treatment of sexually assault victims.
The National Capital will have 20 new schools and a new school for architecture and planning. It has also been proposed to open three new centres for medically challenged patients. Females coming from different parts of the country to the National Capital will have more accommodation facilities, as there will be six more working girls hostels.
The budget proposes total expenditure of Rs. 36,776 crore, while it estimates earnings of Rs. 31,571 crore through tax, Rs. 11,061 core through non-tax sources, Rs. 699.71 crore through capital receipts and Rs. 3,672.09 crore from the Centre.
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"Those using units up to 200, will get subsidy at the rate of Rs. 1.20 per unit, while it will be 80 paise for consumption between 201-400 units. Total of Rs. 260 crore provided for this," Jaitley said while highlighting the key points of the budget.
Since Delhi is under President's rule, which is why it is the responsibility of the Central Government to present the budget in Lok Sabha.
No tax proposals
He also announced that there will not be any new tax proposal. There are a lot of welfare initiatives in the budget. These include a new medical college (in Rohini, West Delhi), 50 new dialysis centres, 110 ambulances for road accident victims, and a one-stop centre for the treatment of sexually assault victims.
The National Capital will have 20 new schools and a new school for architecture and planning. It has also been proposed to open three new centres for medically challenged patients. Females coming from different parts of the country to the National Capital will have more accommodation facilities, as there will be six more working girls hostels.
The budget proposes total expenditure of Rs. 36,776 crore, while it estimates earnings of Rs. 31,571 crore through tax, Rs. 11,061 core through non-tax sources, Rs. 699.71 crore through capital receipts and Rs. 3,672.09 crore from the Centre.
For More information on this news visit: http://www.itvnewsindia.com/
For More information on this news, visit: http://www.itvnewsindia.com/hindi
Connect with us on Social platform at: http://www.facebook.com/IndiaNewsTV
Subscribe to our You Tube channel: https://www.youtube.com/user/itvnewsindia