Declining central funds prompt focus on boosting revenue for financial stability

The Finance Minister of Delhi, Kailash Gahlot, has expressed concern over the declining central funds and the need to boost revenue in the state. In his maiden budget presentation, Gahlot highlighted that despite paying 1.75 lakh crore as income tax, Delhi was only receiving Rs 325 crore as its share in the central taxes pool. He also lamented about the regular interventions by the Centre and the L-G, which often force the AAP government to go to court. Gahlot has termed the situation as “economic discrimination” and “gross injustice” and is considering approaching the court to seek justice. He also expressed his admiration for former finance minister Manish Sisodia, who was arrested by the CBI in connection with the Delhi excise policy scam case. Gahlot emphasized that boosting revenue is of prime concern for Delhi, and the government is committed to taking necessary steps to achieve this goal.