India

TVK 's first budget provides welfare schemes, dreams of an AI city; Opposition calls it a 'huge zero'

Express Video Service

Finance Minister N. Marie Wilson has unveiled the maiden budget for the new Tamilaga Vettri Kazhagam (TVK) government, outlining a bold vision to transform Tamil Nadu into a $1.5 trillion economy by 2031. The fiscal plan performs a delicate balancing act, heavily investing in youth, education, and technology while navigating a massive state debt of 13.18 lakh crore rupees. Key highlights include vast educational funding, the 'Vetri Laptop Scheme' for college students, and a pioneering AI Economy Mission to build future-ready skills. Social welfare also remains a strong priority, featuring gold rings for newborns and marriage assistance through the 'Annan Seer Thittam'. Furthermore, the budget makes aggressive bets on future industries, allocating funds to develop "Arivagam," an AI Technology City, alongside smart urban governance tools. Ultimately, the budget reflects a challenging but hopeful roadmap, weighing high-tech ambitions and expansive welfare against strict financial realities.

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