BJP Ends 27-Year Wait with a Resounding Victory
In a historic political shift, the Bharatiya Janata Party (BJP) has secured a decisive victory in Delhi, ending a 27-year-long wait to reclaim power in the capital. The party’s campaign resonated with voters, focusing on unfulfilled promises of the previous administration and ambitious plans for Delhi’s transformation. However, with this victory comes the formidable challenge of delivering on its electoral commitments while ensuring fiscal stability.
The BJP’s manifesto includes major welfare schemes such as financial aid for women and senior citizens, free LPG cylinders for the underprivileged, and significant investments in infrastructure, healthcare, and education. Now, the challenge lies in translating these promises into reality.
Delhi’s Financial Health: A Major Constraint
While the BJP has promised large-scale reforms, Delhi’s financial situation poses a challenge. The projected tax revenue for 2024-25 is Rs 58,750 crore, while the total budget stands at Rs 76,000 crore. With two-thirds of the budget allocated to salaries, pensions, and administrative costs, the margin for new spending is tight.
Key financial concerns:
- The revenue from taxes is projected to drop from Rs 64,142 crore to Rs 62,415 crore by the end of the financial year.
- Providing Rs 2,500 per month to poor women would cost Rs 11,000 crore annually.
- Pension schemes for 24.4 lakh senior citizens would require an additional Rs 4,100 crore per year.
- Despite these constraints, BJP’s access to Central funds may provide some relief in fulfilling these commitments.
- Upgrading government hospitals: Estimated cost Rs 10,200 crore.
- Delhi Metro expansion (third and fourth phases): Requires Rs 2,700 crore.
- Reducing landfill waste: BJP aims to eliminate garbage mountains within three years.
- Introducing 13,000 electric buses to make Delhi a 100% electric bus city, requiring an investment of Rs 20,000 crore.
- Given these costs, BJP’s ability to secure financial backing from the Centre will be crucial in meeting its promises.
- Cleaning the Yamuna and building a riverfront within three years.
- Reducing landfill waste and improving waste management systems.
- Providing LPG cylinders at Rs 500, with one free cylinder for Holi and Diwali.
- Disbursing Rs 2,500 per month to poor women.
- Providing Rs 21,000 and six nutrition kits to every pregnant woman.
- Implementing the Ayushman Bharat scheme for free medical treatment up to Rs 10 lakh.
- Launching pension schemes of Rs 2,500 per month for senior citizens and Rs 3,000 for those over 70.
- Continuing welfare schemes like free electricity (200 units), free water (20,000 liters), and free bus travel for women, while making them more effective and corruption-free.
- Introducing 13,000 electric buses to achieve 100% electric public transport in Delhi.
- Providing life insurance up to Rs 10 lakh and accidental insurance up to Rs 5 lakh for auto-rickshaw drivers, gig workers, and domestic help.