Total receipts of Rs 3,458.33 crore have been projected against a total estimated expenditure of Rs 3,450.81 crore during the period in the budget.
Kumar, who presented his maiden budget, said the allocation for capital expenditure has been increased by 115 per cent from Rs 191.93 crore in revised estimates of 2015-16 to Rs 412.47 in budget estimates for 2016-17.
Other old projects which have found mention in the current budget include installation of outdoor gym equipment, rooftop solar panels on NDMC buildings, projects for increasing green cover, stainless steel bins in all major markets and roads, and setting up of air quality monitoring system to share real time information on air quality through LED screens.
NDMC had last year managed to bag the coveted "Smart city Project" by Urban Development (UD) Ministry and had rolled out various initiatives under it.
With the civic body planning to make Connaught place in central Delhi a "vehicle-free zone" for three months on pilot basis, a smart sensor based parking management system and a project for smart roads and road safety have also found place in the annual budget with an allocation of Rs 125 crore for the same.
Developing 18 balwaris and creches into Palika play schools, development of a smart e-portal, including School Management Information System, setting up of digital classrooms and skill development centres are highlights of the civic body's education budget.
"Development of vertical gardens under sustainability scheme, mechanisation of horticulture tools and state-of-art modern nurseries are initiatives that we plan to take up under the NDMC scheme," Kumar added.
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