DDA approves ₹8,811 cr budget

Development work increased by 69%, overall receipt rose by 75% in last year says authority

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THE Delhi Development Authority on Wednesday approved its annual budget for 2024-25 with an outlay of ₹8,811 crore. The overall receipts of DDA, saw a jump of 75 percent in current financial year at Rs 7,696 crore in comparison to Rs 4,392 crore in the previous year, a statement said.

In projections for the next year, the DDA has pegged its revenue targets at ₹9,182 crore, which marks an increase of nearly 19 percent from current year.

The developmental activities that the DDA undertook in the current financial year amounting to ₹8,804 crore, which is an increase of nearly 69 percent over the previous year, when the expenditure stood at ₹5,189 crore, the statement said.

The DDA has aimed to keep expenditure at the same level as the current year. There is a significant enhancement in the allocations of maintenance expenditure on civic infrastructure as well.