Wednesday, March 18, 2026
21.1 C
New Delhi

Delhi govt to present industry-friendly budget, focus on growth, job creation: CM Rekha Gupta

Delhi govt to present industry-friendly budget, focus on growth, job creation: CM Rekha Gupta

NEW DELHI: Delhi government’s annual Budget for 2026-27 will focus on industrial growth, investment and job creation, chief minister Rekha Gupta said on Wednesday.Interacting with industrialists, Gupta said that her government is preparing an industry-friendly Budget and sought their suggestions on it.Entrepreneurs from various industrial sectors attended the meeting and shared their demands, suggestions, and expectations, said a Delhi CMO statement.”The government is working towards a Budget that accelerates industrial growth, attracts investment, and creates large-scale job opportunities. The inputs received from the industry would be given due priority in the upcoming budget,” said the chief minister.

Israel Iran War

The Delhi government is scheduled to present its 2026-27 annual Budget on March 24, 2026.Industries minister Manjinder Singh Sirsa was present in the meeting. Industry leaders emphasized the need for several policy and structural reforms to speed up industrial development.They suggested revising capital expenditure norms in industrial areas, converting industrial plots to freehold, and ensuring adequate drinking water supply for industries. Developing Delhi as a Global Capability Centre (GCC) hub, implementing a green building policy, and offering incentives to promote the use of eco-friendly equipment were also suggested by them.The discussion also focused on improving logistics and strengthening the manufacturing sector. Industry representatives called for smoother supply chains, stronger logistics infrastructure, and policy support to enhance production capacity.They recommended power subsidies for industries, implementation of a single-window clearance system, reforms in FAR policy, and promotion of the recycling industry to ease operations and reduce costs.Representatives from unplanned industrial areas also highlighted their concerns. They called for infrastructure upgrades, improved drainage systems, upgradation of Common Effluent Treatment Plants (CETPs), and better sewage treatment facilities.The chief minister said that Delhi’s industrial and manufacturing sectors form the backbone of the city’s economy, driving employment, innovation, and economic growth.She underlined that the government’s approach is based on ‘development through partnership,’ with continuous dialogue and collaboration with the industry, and assured that the feedback would be carefully considered for a budget prescribing concrete measures to position Delhi as a modern, competitive, and industry-friendly economy.

Go to Source

Hot this week

Deve Gowda’s riposte to Kharge marriage jibe: ‘Had to divorce as it was an abusive relationship’

NEW DELHI: Rajya Sabha on Wednesday witnessed some lighter moments when Congress chief Mallikarjun Kharge said former PM H D Deve Gowda was “in love” with Congress but “got married” to BJP. Read More

Qatar’s Main Gas Facility Suffers ‘Extensive Damage’ As Iran Attacks Gulf Energy Sites

Iranian attacks caused fires and extensive damage at Qatar’s Ras Laffan area, which houses the world’s largest LNG production facility, after a warning by the IRGC. Read More

Topics

Deve Gowda’s riposte to Kharge marriage jibe: ‘Had to divorce as it was an abusive relationship’

NEW DELHI: Rajya Sabha on Wednesday witnessed some lighter moments when Congress chief Mallikarjun Kharge said former PM H D Deve Gowda was “in love” with Congress but “got married” to BJP. Read More

Qatar’s Main Gas Facility Suffers ‘Extensive Damage’ As Iran Attacks Gulf Energy Sites

Iranian attacks caused fires and extensive damage at Qatar’s Ras Laffan area, which houses the world’s largest LNG production facility, after a warning by the IRGC. Read More

US Eases Venezuela Oil Sanctions To Boost Trade As Iran War Roils Global Markets

The US Treasury Department allowed companies to buy Venezuelan oil and engage in transactions that would normally be banned under American sanctions amid soaring oil prices. Read More

Related Articles