Move to increase Circle Rate will push up inflation, devastated by the Covid-19: Delhi Congress

Delhi Government’s move to increase the Circle Rate by up to 30 per cent will further dent the economy and recovery of businesses: DPCC President Anil Kumar.

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New Delhi: Delhi Pradesh Congress Committee president on Thursday said that the Delhi Government’s plan to increase Circle Rate will affect the cost of purchase and sale of houses and other properties in most residential areas in the national Capital, which will adversely impact people devastated by the Covid-19 pandemic, as they are not in a position to bear with such a financial burden, which will further push up inflation in Delhi. He said that it was no surprise that traders and business people of Delhi have opposed the move, as shop keepers, traders, small and medium business people were the worst affected by the Covid-19 pandemic lockdowns.

Delhi Congress President Anil Kumar said that a latest survey has revealed that 40 per cent of businesses have not yet recovered from the ravages inflicted by the pandemic and 50 per cent of students could not avail of online education, though Chief Minister had been gloating about the “Delhi model of education and development” everywhere. He said that the Delhi Government’s move to increase the Circle Rate by up to 30 per cent will further dent the economy and recovery of businesses, as the Arvind Kejriwal Government had not extended any financial help to people to tide of the crises created by the Covid-19 pandemic. Ch. Anil Kumar said that in 2014 a 20 per cent increase in circle rates was implemented, but people did not feel the pinch, as the Congress Government had left behind a robust economy. 

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He said that according to media reports quoting official sources, the market value of land in Delhi had gone up in the past seven years due to “infrastructure development, commercial activities, improved living conditions and better transport!”, though latest report about the plan to turn nine Delhi roads into world class standard has fallen flat, as there were no takers for the Delhi Government’s bid inviting experienced contractors for the works.

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