Chennai News

TN Deputy CM Panneerselvam presents Tamil Nadu budget

CHENNAI, FEBRUARY 14TH

Highlights of the Budget

 

GST compensation: Centre is obliged to offset the state's losses for five years. It is the centre's responsibility to find ways to implement it, says Paneerselvam. • A special project to ensure that all basic infrastructure facilities including all-weather houses, link roads, street lights, solar lights and drinking water facilities are provided in all tribal habitations in Tamil Nadu. • Dy CM OPS presents revenue deficit budget for 2020-21; outstanding debt expected to touch Rs.4.56 lakh crore by March 31, 2021; OPS says outstanding debt is 21.83 p.c of GSDP in 2020-21 which is within the norms of Tamil Nadu Fiscal Responsibility Act

  • A gender budget statement showing an outlay of Rs.78,796.12 crore in 2020-21 towards women has been prepared as part of the budget for 2020-21.

  • Government has allocated a total amount of Rs 8876.57 Crores for the police department in the budget for this financial year.

  • Chief Minister has sanctioned Rs 12.21 Crores for the establishment of a world-class new museum at Keezhadi

Feb 14, 2020
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