With the focus to create 20 lakh jobs in five years by setting up an electronic city and promoting the night economy and retail and wholesale markets in the national Capital, Delhi's Deputy Chief Minister Manish Sisodia presented a ‘Rozgar Budget’ in the Assembly on Saturday with an outlay of Rs 75,800 crore for the financial year 2022-23.
Presenting the budget for the eighth-consecutive year, Sisodia, who also holds the finance portfolio, said the Aam Aadmi Party (AAP) Government will spend Rs 4,500 crore in the next five years to generate 20 lakh jobs and Rs 800 crore will be set aside in the 2022-23 budget for the purpose.
Under its 'Rozgar Budget', the Arvind Kejriwal Government will organise shopping festivals to promote retail and wholesale markets in the city, seeking to make these places attractive for tourists and create jobs to boost the economy. An amount of Rs 250 crore has been allocated for this in the 2022-23 budget.
"The Rozgar Budget will take the economy of Delhi on the path of progress and generate lakhs of employment opportunities," he asserted.
The budget size for the next financial year is 9.86 per cent higher than that of the previous year — Rs 69,000 crore — Sisodia said, adding that Delhi's economy is recovering gradually from the impact of Covid-19.