<p>The Delhi government has called a week-long Assembly session from June 23 to pass the Budget for the remaining nine months of the current financial year.<br /><br /></p>.<p>The decision on the House session was taken by the Cabinet which also approved a scheme for student loans up to Rs 10 lakh and gave its nod for licensed micro-brew pubs in the city.<br />The Budget documents have been prepared and sent to the Home Ministry through Lieutenant Governor Najeeb Jung, Deputy Finance Minister Manish Sisodia told reporters on Thursday.<br /><br /> The cabinet has also decided to offer education loans to students up to Rs 10 lakh and reduce the red tapism in issue of licence for doing business. <br /><br />Fund for subsidy<br />In the Budget, government will make a provision of fund to continue electricity subsidy which will come to an end this month, sources said.<br /><br />In March, the Delhi government had presented a vote-on- account in the Assembly for April to June to run the government’s several financial schemes and announced plan to spend a total of Rs 37,750 crore in 2015-16.<br /><br />Sisodia also shared details of the proposed student’s financial scheme for giving them loans up to Rs 10 lakh without any collateral or third party guarantee or margin money. <br />“There would be no processing charges for the loan,” he said.<br /><br />Students pursuing any skill development course or diploma or degree course after finishing qualifying examination from any school or educational institution in Delhi would benefit from the scheme, he said.<br /><br />“The 15-year loan repayment schedule will carry a moratorium period covering the years required to finish the course and one year thereafter to find a job,” he said.<br /><br />Sisodia also shared a blueprint for enhancing the ease of doing business in the city.<br />He said the decision on allowing micro breweries will help the government generate more revenue. <br /><br />“The government has approved a proposal, prepared by the Excise Department, to allow microbreweries in hotels and restaurants across the national capital,” he said.<br /></p>
<p>The Delhi government has called a week-long Assembly session from June 23 to pass the Budget for the remaining nine months of the current financial year.<br /><br /></p>.<p>The decision on the House session was taken by the Cabinet which also approved a scheme for student loans up to Rs 10 lakh and gave its nod for licensed micro-brew pubs in the city.<br />The Budget documents have been prepared and sent to the Home Ministry through Lieutenant Governor Najeeb Jung, Deputy Finance Minister Manish Sisodia told reporters on Thursday.<br /><br /> The cabinet has also decided to offer education loans to students up to Rs 10 lakh and reduce the red tapism in issue of licence for doing business. <br /><br />Fund for subsidy<br />In the Budget, government will make a provision of fund to continue electricity subsidy which will come to an end this month, sources said.<br /><br />In March, the Delhi government had presented a vote-on- account in the Assembly for April to June to run the government’s several financial schemes and announced plan to spend a total of Rs 37,750 crore in 2015-16.<br /><br />Sisodia also shared details of the proposed student’s financial scheme for giving them loans up to Rs 10 lakh without any collateral or third party guarantee or margin money. <br />“There would be no processing charges for the loan,” he said.<br /><br />Students pursuing any skill development course or diploma or degree course after finishing qualifying examination from any school or educational institution in Delhi would benefit from the scheme, he said.<br /><br />“The 15-year loan repayment schedule will carry a moratorium period covering the years required to finish the course and one year thereafter to find a job,” he said.<br /><br />Sisodia also shared a blueprint for enhancing the ease of doing business in the city.<br />He said the decision on allowing micro breweries will help the government generate more revenue. <br /><br />“The government has approved a proposal, prepared by the Excise Department, to allow microbreweries in hotels and restaurants across the national capital,” he said.<br /></p>
