Tamil Nadu Budget 2021

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Tamil Nadu Budget 2021-2022

The DMK government in Tamil Nadu presented its first budget after coming to power, months after it swept the April 6 Assembly elections, with the opposition AIADMK boycotting the financial exercise.

Finance Minister Palanivel Thiaga Rajan’s maiden budget follows a White Paper of the State’s finances released recently. “The revised budget will lay a strong foundation for the full budget for next year,” the Finance Minister said.

Tamil Nadu budget 2021-22 key Points:

  • Tamil Nadu government reduces Rs. 3 from State excise duty on petrol on the instructions of Chief Minister.
  • Revised estimate of expenditure: Rs. 2,61,188.57 crore; Defecit: Rs.58,692.68 crore
  • The State government will identify eligible families to implement the DMK’s poll promise of providing monthly assistance of ₹.1,000, to women members, Finance Minister P.T.R. Palani Vel Thiagaraja said on the floor of the Assembly.
  • Defense Industrial Park to come up in Coimbatore in about 500 acres. About Rs. 3,000 crore investment expected.
  • Rs 703 crore granted as subsidy for free bus travel for women.
  • Green Movement to be launched in Tamil Nadu. Massive tree planting drive will be taken up in the next ten years
  • Efforts will be strengthened to pursue Tamil as official language in Secretariat and other departments.
  • Special Public Distribution Scheme to continue.
  • Food subsidy has been hiked to over ₹8,000 crore.
  •  Focus on a revamped Integrated Road Safety Management to reduce road accidents.
  • The Chief Minister’s Insurance Scheme will be implemented this year at a cost of ₹1,046 crore.
  • Allocation of ₹ 5 crore to continue excavation at its Archaeological sites including Keeladi.
  • Works on Smart City Missions and AMRUT will be completed by 2023.
  • Singara Chennai (beautification of Chennai) 2.0 to be launched.
  • The constituency development fund is fixed at ₹3 crores.
  • MGNREGS will be given fresh impetus. About 25 crore man-days of work will be guaranteed.
  • A sum of ₹3,800 crores has been proposed to set aside for rural housing.
  • 100 wetlands to be identified for restoration of the ecosystem at a cost of ₹100 crore in the next five years.
  • GPS will be used for the protection of water bodies and wetlands.
  • Chennai Metro Rail Phase 2 to be completed by 2025. Extension work from Meenambakkam to Kilambakkam will be planned. A detailed project report will be prepared for Madurai Metro Rail.  Extention of Coimbatore Metro Rail will be discussed with the Centre.
  • 405 crore set aside for the State’s fire department.
  •  Namakku Naame scheme revived with an allocation of ₹100 crore.
  • 10 new Arts and Science colleges to be opened this year.
  • ₹ 5,369.09 crore allocation for Higher Education.
  • Plan to instal streetlights for every 30 meters in all urban cities.
  • New integrated bus stand and commercial complexes proposed in Tiruchirapalli.
  • ₹ 165 crore allocated for construction of Financial Tech city in Nandambakkam in Chennai.
  • Food parks proposed in Manapparai, Theni and Tindivanam.
  • A sewage treatment plant for industrial units was proposed in Hosur.
  • Developing four more Tidel Parks across Tamil Nadu proposed.
  • ₹10 crores allocated for smart classrooms in Government colleges.
  • Defence Industrial Park to come up in Coimbatore at an area of 500 acres. The State governmenet expect ₹3,000 crore investment through this initiative.
  • ₹762.23 crore allocated towards marriage assistance for women scheme.
  • The maternity leave period extended to 12 months from 9 months.
  • The State government to bear the education costs of chldren who lost their parents due to COViD-19.
  • New Siddha University to come up in Palani.
  • ₹48.48 crore allocated towards upgrading Anganwadi Centres across the State.
  • ₹100 set aside for rejuvenatng temple tanks, new temple chariots and gardens in temples.



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Size: 0.60 | Pages: 110 | Source(s)/Credits: www.tnbudget.tn.gov.in | Language: English

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