Tamil Nadu Deputy Chief Minister O Paneerselvam presented the State’s budget for the financial year 2019-2020 in the Tamil Nadu assembly on Friday.
Tamil Nadu Deputy Chief Minister O Paneerselvam presented the State’s budget for the financial year 2019-2020 in the Tamil Nadu assembly on Friday.
*Tamil Nadu revenue deficit is estimated to be Rs.14,315 crore in 2019-20, lower than Rs.19,319 crore in revised budget estimate for 2018-19.
*Tamil Nadu fiscal deficit estimated to be Rs. 44,176.36 crore in 2019-20. It will be 2.56% of state GSDP, below the norm of 3% fiscal norm.
*Rs. 82,673.22 crore allocated for various welfare schemes in 2019-20.
Highlights:
*Comprehensive Integrated Parking Management project to be implemented in Chennai at a cost of Rs.2,000 crore to accommodate two lakh four wheelers and two lakh two wheelers.
*One Lakh Concrete houses will be built in the areas affected by Cyclone Gaja at a cost of Rs.1,700 Crore.
*Rs. 12,563.83 crore allocated to Health and Family Welfare Department.
*An essential diagnostics list guaranteeing a set of diagnostic tests at each level of healthcare will be set up.
*Tamil Nadu Health Systems Reforms Programme will be launched with World Bank's support, to improve the access of poor and the disadvantaged to the government health facilities.
*A comprehensive solid waste management project for the Greater Chennai Corporation has been prepared.
*Remediation and reclamation of Kodungaiyur and Perungudi landfills under PPP mode along with setting up of waste to energy plants is under consideration.
*Rs. 55,399.75 crore and Rs. 29,627.11 crore are being provided for salaries and pensions respectively.
*The Budget proposes an Arts and Science College in the name of former President A .P.J. Abdul Kalam in his home town of Rameswaram.
*Rs. 2,681 crore allocated for extension of Chennai Metro Rail project.
*3000 scooters will provided for differently-abled persons.
*Tamil Nadu Government proposes to purchase 2,000 electric buses.
*It would be introducing 500 electric buses in Chennai, Madurai and Coimbatore .
*Rs.5,269 crore has been allocated for producing electricity from effluents.
*Rs 1,000 crore has been allocated for Atthikadavu Avinashi integrated drinking water project
*Rs. 116 crore has been allocated for groynes in Kanyakumari district.
*Rs 100 crore has been allocated for horticulture.
*Commercial tax revenue is estimated o be at Rs 96,177 crore.
*The state govt has earmarked Rs 25 crore to support NGOs for starting new schools in interior tribal areas for the benefit of tribal students.
*The industrial estates in Thirumudivakkam and Alathur will be further expanded to meet the growing demand of land for new MSME units.
*Tamil Nadu revenue deficit is estimated to be Rs.14,315 crore in 2019-20, lower than Rs.19,319 crore in revised budget estimate for 2018-19.
*Tamil Nadu fiscal deficit estimated to be Rs. 44,176.36 crore in 2019-20. It will be 2.56% of state GSDP, below the norm of 3% fiscal norm.
*Rs. 82,673.22 crore allocated for various welfare schemes in 2019-20.
Highlights:
*Comprehensive Integrated Parking Management project to be implemented in Chennai at a cost of Rs.2,000 crore to accommodate two lakh four wheelers and two lakh two wheelers.
*One Lakh Concrete houses will be built in the areas affected by Cyclone Gaja at a cost of Rs.1,700 Crore.
*Rs. 12,563.83 crore allocated to Health and Family Welfare Department.
*An essential diagnostics list guaranteeing a set of diagnostic tests at each level of healthcare will be set up.
*Tamil Nadu Health Systems Reforms Programme will be launched with World Bank's support, to improve the access of poor and the disadvantaged to the government health facilities.
*A comprehensive solid waste management project for the Greater Chennai Corporation has been prepared.
*Remediation and reclamation of Kodungaiyur and Perungudi landfills under PPP mode along with setting up of waste to energy plants is under consideration.
*Rs. 55,399.75 crore and Rs. 29,627.11 crore are being provided for salaries and pensions respectively.
*The Budget proposes an Arts and Science College in the name of former President A .P.J. Abdul Kalam in his home town of Rameswaram.
*Rs. 2,681 crore allocated for extension of Chennai Metro Rail project.
*3000 scooters will provided for differently-abled persons.
*Tamil Nadu Government proposes to purchase 2,000 electric buses.
*It would be introducing 500 electric buses in Chennai, Madurai and Coimbatore .
*Rs.5,269 crore has been allocated for producing electricity from effluents.
*Rs 1,000 crore has been allocated for Atthikadavu Avinashi integrated drinking water project
*Rs. 116 crore has been allocated for groynes in Kanyakumari district.
*Rs 100 crore has been allocated for horticulture.
*Commercial tax revenue is estimated o be at Rs 96,177 crore.
*The state govt has earmarked Rs 25 crore to support NGOs for starting new schools in interior tribal areas for the benefit of tribal students.
*The industrial estates in Thirumudivakkam and Alathur will be further expanded to meet the growing demand of land for new MSME units.