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Delhi Chief Minister Sheela Dikshit presented the Budget for Fiscal Year 2012-13

India Current Affairs 2012. Delhi Chief Minister Sheela Dikshit on 28 May 2012 presented the financial budget in the Delhi assembly for the fiscal year 2012-13

May 29, 2012 16:22 IST

Delhi Chief Minister Sheela Dikshit on 28 May 2012 presented the financial budget in the Delhi assembly for the fiscal year 2012-13. The 33436 crore rupees budget had its share of populist measures as a number of social welfare schemes were announced in the budget by the government.

The government also announced to reduce the VAT on petrol to bring down the petrol price by 1.26 rupees while, it increased the VAT on CNG by 5 per cent resulting a 1.77 rupees hike in the price of CNG. Petrol now will cost 71.92 rupees a litre in Delhi, while the CNG will cost 35.45 rupees per kg.

Some of the major provisions made under the Delhi Budget 2012-13 are marked below:

•    The total tax collection projected to be 26150 crore rupees

•    Non-plan allocation pegged at 18268 crore rupees

•    Cash food subsidy of 600 rupees per month to the senior most female member of the family under Dilli Annashree scheme

•    9796 crore rupees earmarked for various social sector schemes

•    40 crore rupees allocated to make Delhi first state in the country free of kerosene. Government under this project will provide a one-time cash subsidy of 2000 rupees to about 1.75 lakh households for obtaining an LPG connection and purchase of a gas stove

•    The government also announced to provide financial assistance of 1000 rupees per month to poor persons suffering from HIV/AIDS for anti-retroviral treatment. Orphaned children infected with HIV/AIDS will be provided 2050 rupees per month

•    3372 crore rupees earmarked for the transport sector

•    1901 crore rupees doled out for education sector

•    1800 crore rupees allocated for water and sanitation sector

•    631 crore rupees given for development activities in unauthorised colonies