Manish Sisodia presents Rs 75,800-crore ‘Rozgar Budget’ for Delhi

The minister stated that his government intends to create 20 lakh jobs in the city over the next five years under the ‘Rozgar (employment) budget.’

Delhi Deputy Chief Minister Manish Sisodia (Illustration by Suneesh K)

Delhi Deputy Chief Minister Manish Sisodia, on March 26, presented a Rs 75,800-crore Budget in the Assembly for the financial year 2022-23.

“Delhi’s economy is recovering gradually from the impact of COVID-19. The Budget allocation for 2022-23 is Rs 75,800 crore,” Sisodia said in his Budget speech in the Assembly.

Manish Sisodia stressed the 2022-23 Budget is a “Rozgar (employment) Budget”.

Delhi govt allocates Rs 800 crore during the financial year 2022-23 for creating jobs

The minister stated that his government intends to create 20 lakh jobs in the city over the next five years under the ‘Rozgar Budget.’

And, to create 20 lakh jobs in the next five years, Sisodia said the government will focus priority sectors like — Retail, Food & beverages, Logistic & Supply Chain, Travel & Tourism, Entertainment, Construction

Real Estate, and Green Energy

“We have a target of expanding the working population in Delhi by creating 20 lakh jobs in the retail sector, food and beverage, logistics, travel and tourism, real estate and green energy,” Sisodia said.

Manish Sisdia said while about Rs 4,500 crore will be required to create 20 lakh new jobs during the next 5 years, he proposed an outlay of Rs 800 crore during the financial year 2022-23.

Delhi Govt sets aside Rs 100 crore for redevelopment of renowned market places

“We plan to redevelop & transform these iconic markets of Delhi into attractive tourist destinations. For this, we propose 100 crores in the budget. At least 1.5 lakh new job opportunities will be created in next 5 years from within just 5 markets,” said Sisodia.

Sisodia further said, “Shopping festivals will increase the number of tourists by about 4L, which will benefit hotels, restaurants, tourism and other businesses in a big way and overall will have a favorable impact on the lives of 12 lakh people employed in these sectors.”

He also said, “On the lines of Delhi Shopping Festival, another festival is proposed in this budget to increase the business of Delhi’s markets – Delhi Wholesale Shopping Festival.”

For the Delhi Shopping Festival of Delhi Wholesale Shopping Festival, Sisodia proposed Rs 250 crore in this budget.

Source: https://www.moneycontrol.com/news/business/manish-sisodia-presents-rs-75800-crore-rozgar-budget-for-delhi-8278311.html

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