Sheila presents Rs. 27,000-cr. Budget

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New Delhi: Delhi Chief Minister Sheila Dikshit on March 22 presented a Budget of Rs. 27,067 crore for 2011, with a plan outlay of Rs. 13,600 crore and a  non-plan expenditure of Rs. 13,307.

The first Delhi Chief Minister to present the Budget, Dikshit earmarked Rs. 160 crore for centrally-sponsored projects.

The Chief Minister announced a total of 14,000 new staff in schools and enhanced scholarships for students. A total of 27 lakh school-going children would be covered under “Universal Free Health Scheme” for which a corpus of Rs. 100 crore has been set up.

The MLA fund has been increased from Rs. 2 crore to Rs. 2.5 crore.

Under new tax proposals in the Budget, bicycles with an MRP up to Rs. 3,500 are proposed to be exempted from VAT. Similarly, kerosene stoves, lanterns, petromax lamps have also been proposed to be exempted from VAT.

A VAT of 12.5 percent would be imposed on unmanufactured tobacco, making bidis and hookah smoking more expensive.

Khandsari sugar and textiles have also been exempted from VAT.

The VAT on sweetmeats and Namkeen has been increased to 12.5 percent from existing 5 percent.

Sanitary napkins costing up to Rs. 20 have also been exempted from VAT.

Industrial textiles such as canvas belts, filter clothes and furnishing and suiting are proposed to be taxed at 5 percent, Sheila Dikshit said.

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