CM Rekha Gupta presents Delhi govt's Rs 1,03,700 crore budget for 2026-27
New Delhi (PTI): Delhi Chief Minister and Finance Minister Rekha Gupta on Tuesday presented the Budget for the 2026-27 financial year with a total outlay of about Rs 1,03,700 crore and said the national capital is progressing rapidly with "triple engine" government.
Describing it as a "green budget", the chief minister said the city is passing through a phase of transition and flagged that a "culture of freebies" had affected the growth rate, adding that the period between 2018 and 2020 saw a fall in revenue.
The budget estimates tax revenue of Rs 74,000 crore, while an allocation of Rs 11,666 crore has been made for the Municipal Corporation of Delhi (MCD). The chief minister also highlighted that Delhi's per capita income is the third highest in the country.
In the infrastructure sector, Rs 5,921 crore has been earmarked for public works department (PWD), while urban development and shelter projects have been allocated Rs 7,887 crore.
"Our aim is safe roads, climate corridors and flawless connectivity," Gupta said.
The government allocated Rs 3,942 crore for the power department. Gupta said the government is working on removal of overhead wiring and has separately allocated Rs 200 crore for this purpose.
The chief minister announced Rs 300 crore for the development of the trans-Yamuna area of the city, while the Delhi Gram Vikas Board has been allocated Rs 787 crore.
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Gupta announced Rs 1,352 crore for developing dust-free roads, including end-to-end recarpeting of 750 km of roads across the city.
The budget also earmarks Rs 160 crore for industrial area development, marking the first such allocation for non-conforming areas, she added.
Around Rs 454 crore has been kept aside for the Najafgarh drain, while the budget also provides Rs 350 crore for the MLA Local Area Development Scheme.
Highlighting road infrastructure, Gupta said an allocation of Rs 1,352 crore has been allocated for developing dust-free roads, including end-to-end recarpeting of 750 km of roads across the city.
The budget also earmarked Rs 160 crore for industrial area development, marking the first such allocation for non-conforming areas, she added.
In addition, Rs 151 crore has been allocated in the current financial year for extending the Modi Mill flyover up to the Kalkaji and Savitri Cinema intersection, with the total project cost estimated at Rs 371 crore.
The city government will also build an integrated secretariat and residential complex for employees.
Citing the Palam fire incident, Gupta said narrow lanes and congested unauthorised colonies make it difficult to douse fires, adding that Delhi's firefighting infrastructure will be strengthened with an allocation of Rs 674 crore.
To tackle water-related issues, Gupta said new water pipeline projects are underway and Rs 9,000 crore has been allocated to the Delhi Jal Board for water and sewage management.
She said no resident has to hassle for water and stand in line for water tanker as Rs 475 crore has been allocated for the Chandrawal water treatment plant.
VIDEO | Delhi Budget: The Rekha Gupta government allocates Rs 7,887 crore for urban development dept, Rs 5,921 crore for PWD.
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3 officials of private banks arrested in Gujarat in Rs 2,500 crore cyber fraud; 20 held so far
Rajkot (PTI): Three officials of leading private banks were arrested for their alleged involvement in a Rs 2,500-crore cyber fraud racket in Gujarat's Rajkot district, bringing the number of those held so far in the case to 20, police said on Monday.
Those arrested were identified as Maulik Kamani, a personal manager at Yes Bank in Padadhari; Kalpesh Dangariya, a manager at Axis Bank in Jamnagar; and Anurag Baldha, a personal banker with HDFC Bank, Rajkot (Rural) Superintendent of Police Vijay Gurjar said.
Dangariya and Baldha were previously employed with Yes Bank, he added.
Kamani allegedly assisted the earlier arrested accused in opening and managing suspicious accounts. He also helped bypass banking alerts triggered by high-value transactions by submitting additional documentation to keep accounts active, the SP said.
Kamani was allegedly involved in cash withdrawals that were later routed through hawala channels (illegal money transfer system), supported by digital evidence recovered from his mobile device, he added.
Dangariya is accused of facilitating the opening of fraudulent accounts using fake or misrepresented identities, police said.
He also assisted in structuring documentation, including Agricultural Produce Market Committee (APMC)-related papers, to prevent transactions from being flagged as suspicious, they said.
On the other hand, Baldha opened new accounts after verification and certification processes as part of the racket, Gurjar informed.
All the three accused are in police custody, while others are in jail under judicial remand, SP said.
So far, police have identified 85 bank accounts linked to the racket with 535 complaints filed on the cyber crime portal.
The total transaction linked to the cyber fraud exceeds Rs 2,500 crore, police said.
The earlier fraud amount was pegged by police at Rs 1,500 crore.
