Tamil Nadu Budget 2022-23 Live Updates: Revenue Deficit To Reduce By Over Rs 7,000 Cr, Says FM PTR
TN Finance Minister Palanivel Thiaga Rajan to present the budget at Assembly Hall in Fort St. George at 10 AM on Friday.
State FM PTR ends his budget speech in 111-minutes
The overall revenue deficit reduced from Rs 58,000 crore to Rs 55,000 crore
TN government to set up industrial parks in Coimbatore, Tiruvallur Perambalur, Vellore, Madurai industrial parks to attract investment of Rs 50,00o crore, says PTR
Mobile information centers will be set up with the help of NGOs for migrant labourers to seek help in Kanchipuram, Coimbatore, Tirupur, Tiruvallur and Chengalpattu, says TN FM.
To avoid traffic congestion in ECR, a four-way route till Akkarai will be made a six-way road at the cost of Rs 135 crore, says PTR.
FSI To Be Increased Around Metro Rail Corridors and Outer Ring Road For Urban Development
Singara Chennai 2.0 project to be carried out at the cost of Rs 500 crore.
As TN girl students studying in government girl are finding it difficult to pursue higher education, TN's Moovalur Ramamirtham Thirumana Thittam will be renamed as Moovalur Ramamirtham Higer Education Scheme. Under the new scheme, the students who join higher education after studying in Class 6-12 in government schools will be provided with Rs 1,000 monthly to ensure there are no dropouts, says TN FM.
As mental health is the key, TN to allot Rs 40 crore for mental health services, said TN FM.
Stadium for indoor, outdoor games will be set up for Rs 10 crore in RK Nagar of North Chennai.
Bookfair will be conducted at the district level and four literary festivals will be held every year for Rs 5.6 crore: TN FM
Perasiriyar Anabalagan Palli Membatu thittam (Perasiriyar Anbazhagan School Development Scheme) to be launched to set up 18,000 new classrooms. Under the scheme, smart classrooms will be set up as per the strength of the schools. In the first installment for the project, Rs 1,300 will be allocated for the project: TN FM Palanivel Thiaga Rajan
Steps will be taken to protect state animal Nilgiri Tahr for Rs 10 crore: PTR
TN FM Palanivel Thiaga Rajan said, a botanical park will be set up near Chennai for Rs 300 crore in association with London Kew Gardens. A DPR for the same will be prepared by end of the year
Vallalar Pal Uyir Kappagam (Vallalar Animal Shelter) will be established to help NGOs take care of abandoned animals including pets and cattle for Rs 20 crore, says TN FM.
Chennai flood mitigation works will be carried out for Rs 1000 crore and as a first installment for the project, Rs 500 crore has been allotted in this financial year. In order to avoid a flood-like situation in the future, Tamil Nadu government will upgrade weather radars, supercomputers among other for early prediction of weather changes at the cost of Rs 10 crore: PTR
TN FM Palanivel Thiaga Rajan said, museum and on-site museums will be set up in Villupuram and Ramanathapuram at the cost of Rs 10 crore. Three other tribal museums will be upgraded for another Rs 10 crore.
The scheme to provide notebooks and education materials for free for Class 1-10 students in TN government schools will be extended to Tamil aided schools, says TN FM PTR.
Thanthai EVR Periyar's writing and radical thoughts will be translated into 21 languages and released at the cost of Rs 5 crore - TN FM PTR
AIADMK leaders stage a walkout condemning the arrest of former AIADMK minister Jayakumar and raids at former minister SP Velumani's house during Budget session 2022-2023.
TN Finance Minister Palanivel Thiaga Rajan tables Budget 2022-2023 amid commotion by Opposition leaders.
AIADMK Coordinator O Panneerselvam and Opposition leader Edappadi K Palaniswami arrive at Fort St. George ahead of the Budget session.
Background
Chennai: The DMK-led government presented its first full-fledged budget after a gap of 10 years in Fort St. George from 10 AM on Friday.
After the win of DMK government in May 2021, Tamil Nadu Finance Minister Palanivel Thiaga Rajan presented his first interim e-budget in August 2021. The budget to be presented on Friday was the second e-budget to be presented by the Palanivel Thiaga Rajan. The Finance Minister ended his budget speech in 111 minutes.
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Some of the important mentions that were expected in the budget include an announcement about payment of Rs 1,000 for women family heads, LPG cylinder subsidy of Rs 100, monthly billing for power consumption, waiver of student's education loans among others.
However, the state government said the revenue deficit was reduced to Rs 55,000 crore from Rs 58,692 crore. The FM said, a special social media monitoring cell will be set up to monitor hate speech and misinformation. The FM said, the state will provide assistance to students who returned from Ukraine to pursue medicine. The state launched Singara Chennai 2.0 scheme to revamp the facilities in Chennai and also allocated funds to revamp DMK-government's Samathuvapuram project.
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The DM also announced assistance for female students by renaming Moovalur Ramamirtham marriage scheme. He announced industrial parks and financial park in the state.
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