In a bid to give thrust to the realty sector of capital city- Delhi, the AAP government allocated Rs 3,106 crores for housing and urban development in its 2018-19 budget. The Budget was presented by Deputy Chief Minister Manish Sisodia in the Delhi Assembly who called it a ‘Green Budget’.
According to the budget, the allocation for both housing and urban development is six per cent of the total budget of Rs 53,000 crores.
For the housing sector, the Delhi government has proposed Rs 165.44 crores, as compared to Rs 271 crores in 2017-18. On the other hand, AAP government increased the fund for urban development, with an allocation of around Rs 2,782 crores, which was Rs 2,396 crores in 2017-18.
With more focus on the development, Delhi can now carry out more urban development works, in comparison to last year. However, for development works in unauthorised colonies, Rs 1,500 crores has also been reserved.
In order to reduce the problem of increasing pollution in the capital, more attentive measures have been taken under 26 specific actionable points. Apart from this, the government has also fixed a time-line for every project whose progress will be reviewed by the chief secretary every week.
Beside housing and urban development, government also focused on education, health, roads, sewer and water.