Delhi govt to present industry-friendly budget, focus on growth, job creation: CM Rekha Gupta
NEW DELHI: Delhi government's annual Budget for 2026-27 will focus on industrial growth, investment and job creation, chief minister Rekha Gupta said on Wednesday.
Interacting with industrialists, Gupta said that her government is preparing an industry-friendly Budget and sought their suggestions on it.
Entrepreneurs from various industrial sectors attended the meeting and shared their demands, suggestions, and expectations, said a Delhi CMO statement.
"The government is working towards a Budget that accelerates industrial growth, attracts investment, and creates large-scale job opportunities. The inputs received from the industry would be given due priority in the upcoming budget," said the chief minister.
The Delhi government is scheduled to present its 2026-27 annual Budget on March 24, 2026.
Industries minister Manjinder Singh Sirsa was present in the meeting. Industry leaders emphasized the need for several policy and structural reforms to speed up industrial development.
They suggested revising capital expenditure norms in industrial areas, converting industrial plots to freehold, and ensuring adequate drinking water supply for industries.
Developing Delhi as a Global Capability Centre (GCC) hub, implementing a green building policy, and offering incentives to promote the use of eco-friendly equipment were also suggested by them.
The discussion also focused on improving logistics and strengthening the manufacturing sector. Industry representatives called for smoother supply chains, stronger logistics infrastructure, and policy support to enhance production capacity.
They recommended power subsidies for industries, implementation of a single-window clearance system, reforms in FAR policy, and promotion of the recycling industry to ease operations and reduce costs.
Representatives from unplanned industrial areas also highlighted their concerns. They called for infrastructure upgrades, improved drainage systems, upgradation of Common Effluent Treatment Plants (CETPs), and better sewage treatment facilities.
The chief minister said that Delhi's industrial and manufacturing sectors form the backbone of the city's economy, driving employment, innovation, and economic growth.
She underlined that the government's approach is based on 'development through partnership,' with continuous dialogue and collaboration with the industry, and assured that the feedback would be carefully considered for a budget prescribing concrete measures to position Delhi as a modern, competitive, and industry-friendly economy.
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Entrepreneurs from various industrial sectors attended the meeting and shared their demands, suggestions, and expectations, said a Delhi CMO statement.
"The government is working towards a Budget that accelerates industrial growth, attracts investment, and creates large-scale job opportunities. The inputs received from the industry would be given due priority in the upcoming budget," said the chief minister.
The Delhi government is scheduled to present its 2026-27 annual Budget on March 24, 2026.
Industries minister Manjinder Singh Sirsa was present in the meeting. Industry leaders emphasized the need for several policy and structural reforms to speed up industrial development.
Developing Delhi as a Global Capability Centre (GCC) hub, implementing a green building policy, and offering incentives to promote the use of eco-friendly equipment were also suggested by them.
The discussion also focused on improving logistics and strengthening the manufacturing sector. Industry representatives called for smoother supply chains, stronger logistics infrastructure, and policy support to enhance production capacity.
They recommended power subsidies for industries, implementation of a single-window clearance system, reforms in FAR policy, and promotion of the recycling industry to ease operations and reduce costs.
Representatives from unplanned industrial areas also highlighted their concerns. They called for infrastructure upgrades, improved drainage systems, upgradation of Common Effluent Treatment Plants (CETPs), and better sewage treatment facilities.
The chief minister said that Delhi's industrial and manufacturing sectors form the backbone of the city's economy, driving employment, innovation, and economic growth.
She underlined that the government's approach is based on 'development through partnership,' with continuous dialogue and collaboration with the industry, and assured that the feedback would be carefully considered for a budget prescribing concrete measures to position Delhi as a modern, competitive, and industry-friendly economy.
Select The Times of India as your preferred source on Google Search
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