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Delhi govt seeks Rs 10,000 cr loan from Centre ahead of Assembly elections

Business Standard LogoBusiness Standard13h ago

Delhi govt seeks Rs 10,000 cr loan from Centre ahead of Assembly elections - Business Standard

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The spokesperson further cited the Economic Survey of Delhi 2023-24, which revealed that Delhi’s debt as a percentage of gross domestic product (GDP) has dropped to 3.9 per cent, marking the lowest in the city’s history and among the lowest in India.

During a recent campaign titled “revdi pe charcha,” National Convener Arvind Kejriwal outlined the Delhi government’s six major initiatives—free electricity, water, education, healthcare, subsidised bus travel for women, and elder pilgrimage.

This move contrasts with a recommendation from Principal Secretary (Finance) Ashish Chandra Verma, who had advised against taking the NSSF loan, suggesting that Delhi should withdraw from the scheme altogether.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 14:46:30 (13 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 662 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23904191

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 319 posts per day

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News Last Updated: 4 hours ago

Coverage Areas: India

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Publisher ID: #49

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