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NDMC presents a positive budget

New Delhi, December 28, 2022 : A press conference was held at NDMC Convention Centre, New Delhi related with Budget Estimates  2023-24.

Mr Amit Yadav, Chairman NDMC said that the prospects for the ensuing financial year are relatively more promising and NDMC is all set for a stronger growth path and move ahead with firm resolve to make NDMC the national pride and a global benchmark.

He presented the annual Budget with financial projections:-

The total receipts of the Budget Estimates (BE) 2023-24 are Rs. 4743.41 Crore against Rs. 4422.70 Crore provided in Revised Estimate (RE) 2022-23. The actual receipts in 2021-22 were Rs.4146 Crore. The BE 2023-24 for the revenue receipts are Rs.4229.38 Crore against    Rs. 3950.19 Crore provided in RE 2022-23 and actual of Rs. 3491.60 Crore in 2021-22.

BE 2023-24 for capital receipts are Rs. 514.03 Crore against Rs. 472.51 Crore provided in RE 2022-23 and actual of Rs. 654.40 Crore in 2021-22. The total expenditure for BE 2023-24 are  Rs. 4160.12    Crore against Rs. 4197.72 Crore provided in RE 2022-23 and actual of Rs. 3596.26 Crore in 2021-22.  The BE for  revenue  expenditure in 2023-24 are Rs. 3692.13 Crore against Rs.3899.21 Crore  provided in RE 2022-23 and actual of Rs.3325.51 Crore in 2021-22. The capital expenditure is projected at Rs.  467.99 Crore in BE 2023-24 against Rs. 298.51 Crore in RE 2022-23 and actual of Rs. 270.75 Crore in 2021-22.

Thereafter, he explained the performance and achievements during FY 2022-23 and proposed the plans and projections for the FY 2023-24:-

Our resilience and optimism has led to new possibilities and the economic prospects are now far better which encourage us to take bold steps, though measured in the coming year. After winning the prestigious Prime Minister’s Award and first rank in Swachh rankings, NDMC looks forward to bringing more laurels to this prestigious municipal body.

Preparedness for G-20 Summit

The FY 2023-24 is going to be special with the presidency of G-20 coming to India under the leadership of Hon’ble Prime Minister Shri Narendra Modi. NDMC is quickly taking up a comprehensive beautification of flyovers, Roundabouts with sculptures by eminent artists, reflecting our art consciousness. The city will also host a Food Festival with flavours from all participating countries of G-20. A Park dedicated as the G-20 park which will display national animals of G-20 countries on a Waste to Wonder theme. We are committed to work hand in hand with other municipal bodies of Delhi and with both state and central governments. This budget will reflect our resolve to ensure ease of living for our citizens, adopt Lifestyle for Environment (LiFE), ensuring cleanliness of the city and enhancing citizens participation. G-20 Summit preparedness will reflect in most of our areas of action.


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