|The Union Finance Minister Mr Arun Jaitley has proposed Rs. 200 crore for power reforms and Rs. 500 crore for water reforms to make Delhi a truly World Class City.
Making his maiden Budget Speech in Lok Sabha on Thursday, the Finance Minister announced that Rs. 50 crore is being provided to solve the long term water supply issues to the capital region. For that construction of long pending Renuka Dam would be taken up on priority, the Minister added.
For Andaman and Nicobar Island, Shri Jaitley announced that Rs. 150 crore are being provided to tide over communication related problems of the Island. Rs. 188 crore has been set aside for Puducherry for meeting commitments for Disaster preparedness, he added.
Announcing proposals for Kashmiri people, the Finance Minister highlighted in his budget speech that Rs 500 crore will be provided to support Kashmiri migrants for rebuilding their lives.
Also in the current financial year, an initial outlay of Rs 100 crore has been provided to set-up a National Centre for Himalayan Studies in Uttarakhand to increase the capacity in the country for Himalayan Studies, the Finance Minister announced.
Mr Jaitley also announced during his maiden Budget Speech that it is proposed to set up the National Academy for Customs and Excise at Hindupur in Andhra Pradesh, a border town near Bangalore.