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DDA Budget: 6,738 Crore to change capital’s Surat, make Delhi Green City and focus on Infrastructure

by InvestPolicy
February 28, 2021
in Finance
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DDA Budget: 6,738 Crore to change capital's Surat, make Delhi Green City and focus on Infrastructure
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The Delhi Development Authority (DDA) has opened its treasury to change the appearance of the national capital of the country. DDA will expand Delhi’s infrastructure by Rs 6,738 crore. A major part of this will be spent on the development of Narela Sub City along with the construction of the Narela-Bawana-Rithala Corridor of Metro Phase-4 and the Urban Extension Road-2. At the same time, DDA will work this year in the direction of working in the direction of Yamuna river. The budget 2021-2022 emphasizes the rejuvenation of water bodies and Yamuna riverfront.

The budget for the financial year 2021-22 (DDA Budget 2021-2022) was passed in the DDA Board meeting on Wednesday chaired by the Lieutenant Governor of Delhi, Anil Baijal. There is a plan to groom the capital of Surat with Rs 6,738 crore. Apart from this, DDA will raise around Rs 6,749 crore through various schemes like sales and other means. Infrastructure development has been focused at Narela, Dwarka and Rohini in Delhi. Apart from this, for the work of Phase-I of Delhi Cycle Walk with a dedicated corridor called Nilgai from Badarpur to Malviya Nagar for foot and bicyclists, Rs 28 crore is proposed to be spent.

The DDA has made a provision in the budget for the expansion of Delhi’s roads. The emphasis is on completing the Urban Extension Road-2. NHAI is constructing this road connecting NH-2 to Wazirabad bypass. This road will improve movement of outskirts of Delhi. For this, a provision of Rs 100 crore has been made in the budget. Apart from this, a provision of Rs 1,100 crore has been made in the budget for housing schemes. This will complete the construction of housing units to be built under the Pradhan Mantri Awas Yojana (Urban).

Tags: DDA BudgetDDA Budget 2021-2022DDA unveils budgetDelhi budgetDelhi Budget 2021-2022Delhi Development AuthorityDwarkagreener Delhiinfrastructure push for DelhiNarelaRohiniRs 6738 crore
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