The Delhi government's decision to extend a loan of Rs 551 crore to two civic bodies for paying salaries to their staff will result in deferment of several educational projects, including construction of new classrooms, as the fund will be diverted from the education department.
Delhi Chief Minister Arvind Kejriwal today announced that his government will extend a loan of Rs 551 crore to the North and East municipal corporations as the strike by the employees entered its eighth day.
Deputy Chief Minister Manish Sisodia, who also holds education and finance portfolios, said the government will divert the money from the capital expenditure of the education department, adding that due to this, they will have to defer some of infrastructure projects to the next financial year.
"The loan amount to be extended to NDMC and EDMC will be diverted from the education department. As the government will extend the loan of Rs 551 to municipal corporations, construction projects of the department will be affected," Sisodia said.
A senior official said the government will make allocations for the deferred projects in the next budget.
