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Tamil Nadu Budget: Key Highlights Of TN 2021 Budget

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P.T.R. Palanivel Thiaga Rajan, the Tamil Nadu Finance Minister, presented his first 'paperless' Budget at the Tamil Nadu Assembly on Friday, August 13, 2021. The measure, according to the Minister, was ordered by Chief Minister MK Stalin. After winning a stunning victory in the Assembly elections on April 6, the DMK government held its first budget session.

 
Tamil Nadu Budget: Key Highlights Of TN 2021 Budget

*On the Chief Minister's orders, the Tamil Nadu government lowers the state excise rate on petrol by three percent.

*Expenditure revised estimate at Rs 2,61,188.57 crore; deficit: 58,692.68 crore.

*Finance Minister P.T.R. Palani Vel Thiagaraja said on the floor of the Assembly that the State administration will identify eligible families in order to carry out the DMK's election pledge of providing monthly assistance of Rs1,000 to women members.

*A 500-acre Defense Industrial Park will be built near Coimbatore. An investment of almost 3,000 crores is expected.

* Rs 703 crore allocated as a subsidy for women's bus travel.

* In Tamil Nadu, a Green Movement will be launched. In the next ten years, a massive tree-planting campaign will be launched.

* Efforts to make Tamil the official language of the Secretariat and other departments would be stepped up.

* A total of Rs 6,607.17 crore has been been aside for irrigation. Schemes will be funded by the World Bank and the Asian Development Bank.

* All court buildings must be completed, and all court posts must be filled. A total of Rs. 1,713 crore has been set aside for judicial administration.

The food subsidy has been increased to almost 8,000 crore rupees.

* To reduce road accidents, focus on a revised Integrated Road Safety Management.

* The Chief Minister's Insurance Scheme, worth Rs. 1,046 crore, would be implemented this year.

* A budget of Rs. 5 crore has been set aside to continue excavations at archaeological sites such as Keeladi.

 

* In the next ten years, a massive tree-planting campaign as part of the 'Green Movement' project will be launched.

* A budget of 2,000 crore has been set out for the Jal Shakthi scheme, which will provide drinking water to the poor.

* Underground sewage system in 27 towns with a population of more than a lakh people.
* By 2023, the Smart City Missions and AMRUT projects will be finished.

* Efforts to rid Chennai of posters.

* Singara Chennai 2.0 (Cambridge Beautification) will be introduced.

* Three new flyovers in Chennai have been approved.

* The constituency development money is set at three crore rupees.

* The Anna Marumalarchi Scheme will be implemented in hamlets to offer basic services.

*MGNREGS will be given a new lease on life. A total of 25 crore mandays will be guaranteed.
* A total of Rs. 3,800 crore has been proposed for rural housing.

* In the next five years, the goal is to build homes for eight lakh homeless families.

* In the next five years, 100 wetlands would be identified for ecosystem restoration at a cost of Rs 100 crore.

* For the preservation of water bodies and wetlands, GPS will be used.

* At a cost of Rs 500 crore, climate change mitigation measures would be implemented.

* The Mettur, Amaravathi, Vaigai, and Petchiparai dams' water levels will be restored to their previous capacity. In addition, 1,000 check and shutter dams will be built.

*The old-age pension plan will be overhauled to include all deserving applicants.

* Chennai Metro Rail Phase 2 is scheduled to open in 2025. Work will be planned to extend from Meenambakkam to Kilambakkam. Madurai Metro Rail will be the subject of a full project report. The Centre will examine the extension of the Coimbatore Metro Rail.

* The Namakku Naame scheme has been resurrected with a budget of Rs. 100 crore.

* This year, ten new arts and science colleges will launch.

* A budget of 5,369.09 crores has been set aside for higher education.
* 165 crore has been set aside for the construction of a financial tech city in Nandambakkam, Chennai, and four other Tidel Parks have been planned across Tamil Nadu.

* A budget of ten crore rupees has been set aside for smart classrooms in government colleges.

* A 500-acre Defense Industrial Park will be built in Coimbatore. This project is expected to bring in a total of 3,000 crores for the state government.

* A total of 762.23 crore has been given to the Women's Marriage Assistance Scheme.

* Maternity leave has been extended from 9 to 12 months.
*Children who lost their parents as a result of COViD-19 will have their education costs covered by the state government.

Read more about: budget tamil nadu
Story first published: Friday, August 13, 2021, 17:12 [IST]
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