Tuesday, March 24, 2026

National

Delhi CM Rekha Gupta presents Rs 1,03,700 crore Budget for 2026-27

IANS | March 24, 2026 02:31 PM

NEW DELHI: Chief Minister Rekha Gupta presented the annual budget for the 2026-27 financial year in the Delhi Assembly on Tuesday, proposing a total outlay of Rs 1, 03, 700 crore.

This marks her second budget for the national capital. The Speaker of the Assembly, Vijender Gupta, congratulated her, saying, “The CM, Rekha Gupta, is presenting Budget 2026-27. Congratulations to her, it is her second Delhi budget.”

Addressing the Assembly, CM Gupta highlighted Delhi’s resilience and economic strength, saying, “Our city Delhi has a unique identity which is its creative power -- how it was degraded again and again and yet stood firm and succeeded.” She added, "Delhi saw a difficult phase for many years. Despite facing corruption, small-mindedness, and vote bank politics in the past few years, Delhi is now progressing rapidly...where not only announcements are made, but actions and developments are visible not just in data but in the lives of people. Delhi is progressing at triple-engine speed.”

CM Gupta also elaborated on Delhi’s economic performance, stating, “Economic Survey clarifies that in Delhi, the enterprising citizens and vibrant economy achieved development faster than the national average. However, structural weaknesses and a culture of freebies during 2021-22, 2023-24, and 2025 affected growth. During this period, Delhi’s startups and high-skill manpower moved away from the city, which caused revenue decline and stagnation in per capita income compared to the national ratio. In 2024-25, Delhi’s GSDP grew by 8.9 per cent to Rs 12.13 lakh crore, and in 2025-26, it is expected to grow by 9.8 per cent to reach Rs 13.27 lakh crore.”

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