You are here: Home » Economy & Policy » News
Business Standard

Delhi govt presents Rs 75,800 cr budget; aims to create 2 mn jobs in 5 yrs

Delhi Deputy Chief Minister Manish Sisodia on Saturday presented a Rs 75,800 crore budget in the Assembly for the financial year 2022-23.

Delhi | Manish Sisodia | Budget

Press Trust of India  |  New Delhi 

Manish Sisodia
Delhi Deputy Chief Minister Manish Sisodia | Photo: Shutterstock

Deputy Chief Minister presented a "Rozgar Budget" in the Assembly on Saturday with an outlay of Rs 75,800 crore for the financial year 2022-23, focussing on creating 2 million jobs in five years by setting up an electronic city and promoting night economy, retail and wholesale markets in the national capital.

The size for the next financial year is 9.86 per cent higher than that of the previous year -- Rs 69,000 crore -- Sisodia said, adding that Delhi's economy is recovering gradually from the impact of COVID-19.

"The Rozgar will take the economy of on the path of progress and generate lakhs of employment opportunities," he asserted.

Chief Minister Arvind Kejriwal lauded his deputy for presenting a that has "taken care of" every section of the society.

"Many congratulations to Deputy Chief Minister and Finance Minister for presenting the 'Rozgar Budget' for . This budget will create employment on a large scale for youngsters. Every section of Delhi has been taken care of in this budget," he said in a tweet in Hindi

In the 2022-23 budget, the heath sector has been allotted Rs 9,669 crore, while the Aam Aadmi Party (AAP) government has set aside Rs 16,278 crore for education.

Presenting the budget for the eighth consecutive year, Sisodia, who also holds the finance portfolio, said the city government will spend Rs 4,500 crore in the next five years to generate 20 lakh jobs and Rs 800 crore will be set aside in the 2022-23 budget for the purpose.

Under its "Rozgar Budget", the Kejriwal government will organise shopping festivals to promote retail and wholesale markets in the city, seeking to make these places attractive for tourists and create jobs to boost the economy. An amount of Rs 250 crore has been allocated for this in the 2022-23 budget.

"Other states have learnt a lot from the Kejriwal model of governance when it comes to improving government schools and creating jobs. I am sure that with this 'Rozgar Budget', Delhiites will be benefitted.

"In the next one or two years, state governments will also learn from this (Rozgar Budget) on how both government and private sectors can provide opportunities for people," Sisodia said during his budget speech.

He said an artificial intelligence-based website and a mobile application -- "Rozgar Bazaar 2.0" -- will be launched with an aim to provide at least one lakh jobs every year to the youngsters of Delhi, especially women.

An electronic city will be set up at Baprola to create 80,000 jobs by attracting big IT companies, Sisodia said, adding that a "food truck policy" will also be introduced under which local delicacies will be promoted.

These food trucks will be allowed on streets from 8 pm to 2 am, a move that is aimed at promoting night economy in the national capital.

The deputy chief minister said smart urban farming will be promoted and turned into a mass movement in association with the Pusa Institute, adding that 25,000 new jobs are expected to be created.

The Delhi government will conduct an employment audit of the budget allocations for its departments and agencies.

Talking about the budget allocation for the health sector, Sisodia said an amount of Rs 1,900 crore has been proposed to upgrade the state-run hospitals. An amount of Rs 475 crore has been set aside for "Mohalla Clinics" and polyclinics in the 2022-23 budget.

"We have dealt with the COVID-19 pandemic, but all of us are aware of the severe damage it has caused to the social and economic progress of the country. Delhi is no exception to this," he said.

The deputy chief minister said drinking water availability has increased by 10 per cent, adding that the Yamuna river will be completely cleaned in the next two years.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Sat, March 26 2022. 11:48 IST