The Deputy CM and Finance Minister Manish Sisodia- who tabled the budget today- slashied the Value Added Tax (VAT) rate from 12.5 per cent to 5 per cent. He mostly allocated funds for education,green technologies and promised drinkable water in all the Delhi colonies by the end of December 2017.
“We had promised lowest VAT rates in the country, that process has been started today,” Delhi Chief Minister Arvind Kejriwal said.
Another salient feature was Aaam Aadmi Canteens which were conceived on the lines of Amma Canteens of Tamil Nadu- through which meals will be provided for Rs 5-10. A sum of Rs 10 crore was allocated for AA Canteens for the next fiscal.
VAT on sweets and snacks and readymade garments reduced from 12.5 per cent to 5 per cent.
Skywalk will be constructed to connect Qutub Minar with the metro station. Roads will be cleaned with vacuum cleaners to control dust pollution. Tax on battery-run and hybrid vehicles will be reduced.
Provisions will be made for WiFi in Delhi buses and cycle lanes will be constructed along major roads.Subsidy in electricity bill to continue. The Delhi government has set aside Rs 1600 crore for this.