The Chief Minister also said the people of Tamil Nadu had never forgotten the unfulfilled promises of the AIADMK during its earlier regimes.
As the first ever e-Budget in the state, it is also being hailed as a prelude to the government’s efforts to make governance tech-driven and paperless.
Rolling out visionary goals for overall development of the farm sector, the budget laid special focus on the need for popularising organic farming in the State.
The move will help form a framework on guidelines and strategies to be adopted for cultivation, value addition, and marketing techniques to meet the export standards.
TN govt bites the bullet: Petrol price reduced by Rs 3/litre, exchequer expected to lose Rs 1,160 crore a year
TN becomes the first State to slash tax on petrol and make it Rs 3 cheaper at a cost of Rs 1,160 crore; reveals Rs 1K aid meant for women of poor families
Taking a cue from the past, the DMK government, which has come to power in the State after a gap of 10 years, is said to have zeroed in on ‘consumer socialism’ in its budget.
Renovation work of temple cars, tanks and gardens in 100 temples will be taken up this year at a cost of Rs 100 crore.
Living up to its promise, the DMK government said the effective tax rate on petrol would be reduced by Rs 3 per litre. However, this would cause a revenue loss of Rs 1,160 crore per year.
On the SOTR growth during the current fiscal, the Finance Secretary said, "We saw good growth during April and May."
The State’s revenue deficit for FY22 is expected to be much higher at Rs 58,692.68 crore, against the earlier estimate of Rs 41,417 crore.
Fulfilling a poll promise made to the people of the State in its first Budget, the DMK government announced that it would formulate a separate State Education Policy.
Doctors, public health experts hope the govt will increase allocation in the next year
While the Tamil Nadu government has sanctioned Rs 8,900 crore to the State police department, over 90 percent of the funds will cover salaries, say senior police officers.
Govt announces three big-ticket initiatives to boost state’s climate resilience & protect its ecosystem
The modernisation proposal also includes cold chain facilities, a boat repair yard, marketing centre to interact with buyers and other basic facilities.