BJP faces a major task: fulfilling ambitious pre-election promises while balancing the state's finances.
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The BJP's commitments to outpace AAP’s welfare-oriented initiatives included a monthly guarantee of Rs 2,500 for women and senior citizens (increasing to Rs 3,000 for those above 70), Rs 21,000 for expectant mothers, and free education from kindergarten to postgraduate levels.
The financial strain of these promises is evident. Delhi's projected tax revenue for 2024-25 stands at Rs 58,750 crore, while the overall budget amounts to Rs 76,000 crore, as per a TOI report. Education remains the top priority, accounting for Rs 16,396 crore (22%) of the budget, followed by housing, urban development, healthcare, transport, and social welfare expenditures, the report further stated.
With more than two-thirds of the budget allocated to salaries and administrative costs, the finance department previously flagged concerns about a potential deficit. Revenues from taxes and other sources are projected to decline from Rs 64,142 crore to Rs 62,415 crore by the end of the fiscal year.
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