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Highlights of the budget presented by the TN State Finance and Deputy Chief Minister!
Posted on: 23/Feb/2021 2:08:59 PM
The Deputy Chief Minister and the Finance Minister of the State Government of Tamil Nadu, O. Panneerselvam, informed during his interim budget presentation ibn the Tamil Nadu Legislative Assembly that Rs. 5000 Crores have been allotted for the waiver of the agricultural loans.
With the prospects of the Tamil Nadu State Elections for the Legislative Assembly likely to be announced during this month-end (February) or At the beginning of the next month (March), the budget being presented is called as ‘Interim Budget’.
This implies that the new government that forms after the election will need to present a full-fledged new budget!
- Fiscal deficit of state projected at 4.99 per cent
- Rs. 100 crore to improve homes of Adi Dravidar community
- Rs. 1276 crore for Tribal sub-project
- Rs. 12,913 crore expenses due to COVID-19: OPS
- 62 investment projects granted approval
- Rs. 6448 crore for Chennai-Kanyakumari industrial route
- State skill development corporation receives Rs. 200 crore
- Rs. 3140 crore for development projects of Greater Chennai Corporation
- Housing sector receives stimulus from World Bank
- Rs. 5171 crore for Phase 2 of road development project
- Community health complexes to be constructed
- 40 lakh households to be provided with drinking water connection
- Subsidy for roofing hiked
- Rajnath Singh emphasises contribution of Tamil people in Indian culture during rally in Salem
- Rs. 1374 crore for construction work
- Rs. 4371 crore provided under marriage assistance scheme
- Rs. 100 crore for modernisation of the police
- Relief for paddy losses due to natural calamities hiked
- Amma mini clinics allocated Rs. 144 crore
- School education receives Rs. 34,181 crore
- TN ranks second in tree diversity, says OPS
- DMK boycotts budget presentation in TN assembly, stages walkout
- Rs. 1700 crore announced for special scheme for disabled persons
- Social welfare gets Rs. 1953 crore
- Rs. 5000 crore allocated towards crop loan waiver
- Adi Dravidar department allocated Rs. 1932 crore
- Water resources department allocated over Rs. 6.4 crore
- Fisheries receives Rs. 580 crore
- Judiciary allocated Rs. 1437 crore
- Rs. 1953.98 crore for nutrition programme
- Electric buses to be procured
- Highways receive Rs. 18.75 crore
- Rs. 3700 crore allocated under PM housing scheme
- State police receives Rs. 9567 crore
- Agriculture receives Rs. 1738 crore
- Fire department allocated Rs. 436 crore
- Over 5 crore allocated to higher education
- Rs. 6.683 crore allocated for Coimbatore metro rail project
- Rs. 19.42 crore allocated to health sector
- State debt burden to increase to Rs. 5.7 trillion
