Delhi’s political landscape is abuzz as the Aam Aadmi Party (AAP)-led government gears up to unveil its tenth annual budget, slated for the financial year 2024-25. With a thematic focus on “Ram Rajya,” a senior government functionary hinted at the comprehensive nature of this impending financial blueprint.
The announcement comes on the heels of the Ministry of Home Affairs (MHA) and the Lieutenant Governor’s approval, following a deliberate process of scrutiny and review. The budget session, which commenced on February 15, has been extended until March 8 to accommodate the meticulous planning and execution of this significant fiscal document.
Exploring the thematic essence of “Ram Rajya,” the functionary highlighted its embodiment of inclusive governance aimed at addressing the multifaceted needs of society, particularly pertinent in an election year.
One of the anticipated focal points of the budget is the development of unauthorized colonies, a critical issue affecting a substantial portion of Delhi’s population. Government officials hinted at a potential fiscal boost, estimated at nearly ₹1,000 crore, directed towards uplifting these colonies, with a primary focus on enhancing road infrastructure, augmenting water supply pipelines, and fortifying sewer networks.
Delhi’s landscape is dotted with nearly 1,800 unauthorized colonies, housing approximately 30% of the city’s populace. The political significance of these colonies is undeniable, with their residents constituting an influential voting bloc, eagerly sought after by political parties.
Last year’s budget, presented amidst a tumultuous backdrop following the arrest of the former finance minister, Manish Sisodia, showcased a vision of a “Clean, Beautiful, and Modern” Delhi. With an allocation of ₹78,800 crore, including ₹21,000 crore for infrastructure development, it laid the groundwork for transformative initiatives aimed at enhancing the city’s livability and functionality.
This forthcoming budget marks a significant milestone as it heralds the debut of the current finance minister, Atishi, in presenting this crucial financial roadmap. It also signifies the AAP government’s tenth consecutive budget presentation, emblematic of its continued commitment to governance and fiscal prudence in its second consecutive tenure.
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Addressing the procedural intricacies surrounding the budget presentation, Atishi assured transparency and accountability during the assembly session. She clarified the timeline, indicating that while the budget received cabinet approval on February 11 and the Lieutenant Governor’s assent on February 14, procedural formalities necessitated a slight delay in its presentation.
In essence, the stage is set for Delhi’s AAP government to articulate its vision of governance through the lens of “Ram Rajya,” embracing inclusivity and progress as guiding principles in shaping the capital’s future trajectory. As the city awaits the unveiling of this pivotal financial document, expectations are high for a budget that resonates with the aspirations and needs of all Delhiites.
