Delhi Govt allocates Rs 18.67 billion less for transport in 2024-25
ECONOMY & POLICY

Delhi Govt allocates Rs 18.67 billion less for transport in 2024-25

According to official data, the Delhi government's allocation for the transport sector in the fiscal year 2024-25 experienced a decrease of Rs 18.67 billion compared to the corresponding figure for 2023-24, which was Rs 93.37 billion.

While presenting the budget in the Delhi Assembly, Finance Minister Atishi stated that the allotment for the 2024-25 fiscal year was Rs 74.70 billion, including Rs 57.02 billion for transport and Rs 17.68 billion for road and flyover projects in the national capital.

During his inaugural budget presentation, Minister Kailash Gahlot had proposed an allocation of over Rs 93.37 billion for transport, roads, and bridges for the fiscal year 2023-24, marking a decrease of Rs 95.39 billion from the 2022-23 financial year.

No new schemes were announced for the transport sector by the government.

Atishi mentioned that Delhi Chief Minister Arvind Kejriwal has provided women in Delhi with the opportunity to travel for free on buses Rs 1.53 billion times from 2019 to the present, spanning just five years.

In her budget speech, Atishi stated, In the year 2014-15, when a girl from a common family wished to go to college for her studies, her parents would decline due to the high expenses of traveling. Many women were unable to work because a significant portion of their salary was spent on commuting.

For the first time in the history of the country, a bus journey for women was made completely free so that a woman can travel anywhere in Delhi confidently with her 'pink ticket' provided by her brother Arvind Kejriwal, without worrying about money, Atishi added.

Sharing statistics, Atishi mentioned that the number of 'pink tickets' has consistently increased over the past few years, reaching Rs 170.7 million in 2020-21 and escalating to Rs 400.2 million in 2022-23. Approximately 11 lakh women travel for free on the buses every day, she noted.

She also highlighted a significant rise in the number of buses.

According to official data, the Delhi government's allocation for the transport sector in the fiscal year 2024-25 experienced a decrease of Rs 18.67 billion compared to the corresponding figure for 2023-24, which was Rs 93.37 billion. While presenting the budget in the Delhi Assembly, Finance Minister Atishi stated that the allotment for the 2024-25 fiscal year was Rs 74.70 billion, including Rs 57.02 billion for transport and Rs 17.68 billion for road and flyover projects in the national capital. During his inaugural budget presentation, Minister Kailash Gahlot had proposed an allocation of over Rs 93.37 billion for transport, roads, and bridges for the fiscal year 2023-24, marking a decrease of Rs 95.39 billion from the 2022-23 financial year. No new schemes were announced for the transport sector by the government. Atishi mentioned that Delhi Chief Minister Arvind Kejriwal has provided women in Delhi with the opportunity to travel for free on buses Rs 1.53 billion times from 2019 to the present, spanning just five years. In her budget speech, Atishi stated, In the year 2014-15, when a girl from a common family wished to go to college for her studies, her parents would decline due to the high expenses of traveling. Many women were unable to work because a significant portion of their salary was spent on commuting. For the first time in the history of the country, a bus journey for women was made completely free so that a woman can travel anywhere in Delhi confidently with her 'pink ticket' provided by her brother Arvind Kejriwal, without worrying about money, Atishi added. Sharing statistics, Atishi mentioned that the number of 'pink tickets' has consistently increased over the past few years, reaching Rs 170.7 million in 2020-21 and escalating to Rs 400.2 million in 2022-23. Approximately 11 lakh women travel for free on the buses every day, she noted. She also highlighted a significant rise in the number of buses.

Next Story
Resources

Ajmera Realty’s Bengaluru project launch sees strong festive sales

In a landmark achievement, Ajmera Realty & Infra India (ARIIL) launched a residential project – Ajmera Iris in Electronic City, Phase 2, Bengaluru. ARIIL sold 59,000 sq. ft. out of 1,58,859 sq. ft in the project for value of Rs 60 crores, which represents about 37 percent of ARIIL’s inventory sold, achieved within a week of its launch following RERA registration.ARIIL has reinforced its industry leadership with impressive pre-sales for its latest project, Ajmera Iris, in Bengaluru’s sought-after Electronic City. The project offers a wide of range of lifestyle amenities for an enhance..

Next Story
Infrastructure Urban

Green Theme Tech raises $6M to scale sustainable textile technology

Green Theme Technologies, Inc. (GTT), a leader in sustainable textile innovation, has successfully raised $6 million in Series C funding. The investment will help advance GTT’s EMPEL® high-performance, sustainable technology that eliminates harmful chemicals and reduces water usage in textile manufacturing. The round was led by Pangaea Ventures and Cottonwood Technology Ventures, two firms focused on supporting breakthrough innovations in materials science and sustainability. GTT’s PFAS-free, water-free treatments offer eco-friendly alternatives for the footwear, apparel, and military se..

Next Story
Real Estate

Godrej Properties wins 7.5-acre plot for luxury development in Gurugram

Godrej Properties (GPL) has secured a 7.5-acre plot on Golf Course Road, Gurugram, through an e-auction conducted by the Haryana Shehri Vikas Pradhikaran (HSVP). The plot offers a development potential of over 1.7 million square feet for luxury residential apartments, with an estimated revenue potential of Rs 5,500 crore. This marks the 11th project acquired by GPL in FY25, taking its total business development value to Rs 22,950 crore, exceeding its annual target of Rs 20,000 crore. GPL’s recent growth is highlighted by strong sales bookings, with a five-fold increase in net profit to INR 3..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000