In a bid to boost employment opportunities and give a boost to electronics manufacturing, Delhi’s Deputy Chief Minister Manish Sisodia on Saturday proposed establishing an electronic city in the nation’s capital to create 80,000 jobs.
The announcement was made during his presentation of the budget for the 2022-23 financial year. The electronic city will see the light of day in Baprola.
“We are going to create an electronic city at Baprola in Delhi to create 80,000 jobs through electronic manufacturing,” Sisodia said in his budget speech.
He said the move will also attract IT companies to the nation’s capital.
“We intend to build the e-city to create jobs. We will also set up a 90-acre plug-and-play manufacturing hub to attract e-businesses to set up in Delhi. The redevelopment of industrial areas non-compliant will be done to create six lakh new jobs,” Sisodia said.
The Deputy Chief Minister presented to the Assembly on Saturday a budget of Rs 75,800 crore for the financial year 2022-23.
The size of the budget for the financial year 2021-22 was Rs 69,000 crore. The size of the budget for 2022-2023 is 9.86% higher than the previous year.
This is the eighth consecutive budget of the Aam Aadmi Party (AAP) government.
Sisodia said the 2022-23 budget is a “Rozgar budget”.
(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)