Monday, December 27, 2010

Delhi Budget 2010 Has been Announced by AK Walia


A.K. Walia, the finance minister of Delhi, is  announcing the Delhi Budget 2010.

The total estimate budget for the Delhi Budget 2010 is Rs. 26,000  crore.


Walia allocated Rs. 675 crore for more buses for DTC with an  introduction of special non-stop DTC bus services on around 50 routes.  Installation of GPS in DTC buses was also announced.


The officials indicated that as revenue collection fell by over Rs  1,300 crore during the year 2008-09 the Government might take some  "harsh measures" to improve its financial position.


These are some ways by which Delhi Government is anticipated to increase  the revenue in the Delhi Budget 2010 for the current fiscal year. These  measures involves in bus fares, water tariff, removing of the subsidy  to some extent on the electricity bills and an increment in VAT on some  products

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