Tamilnadu Budget for the year 2019-20

On friday Tamilnadu Deputy Chief Minister O Pannerselvam, who is also a Finance Minister presented the budget 2019-20 in state assembly. The Tamilnadu  renenue deficit estimated to be Rs 14,315 cr in 2019-20.  Tamil Nadu borrowed around Rs 44,000 crore in 2018-19 and will borrow Rs 43,000 crore in 2019-20.

Implementing a integrated parking in chennai estimated at a cost of Rs 2000 crores. The government has allocated Rs 1000 crores for Athikadavu-Avianasi water project, Rs 300 crores for Adyar and Kovalam river Rehabilitation project, Rs 100 crore for Anna University infrastructure improvement.

In Gaja Cyclone affected areas, One Lakh Concrete houses will be built at a cost of Rs 1,700 Crore.

Tamil Nadu Government would be introducing 500 electric buses in Chennai, Madurai and Coimbatore. 

The Budget proposes an Arts and Science College in the name of former president Dr APJ Abdul Kalam in Rameswaram.  

Also allocated Rs 2,681 crores for extension of Chennai Metro Rail project, Rs 5,269 crores for producing electricity from effluents, Rs 12,563.83 crores for Health and Family Welfare Department, Rs 788 crores for Tourism department and will be planned to give 3,000 scooters for physically challenged people.

2,000 solar agri pump sets to be distributed in 2019-20, Allocated Rs 29,000 crores for pension to retired employees, Rs 55,399 crores for government employees salaries.

Paddy loan of Rs 1,000 crores for farmers, Allocated Rs 200 crores for crop loan disbursement, Rs 1,656 crores has been allocated for school education, Rs 420 crores for constructing 20,000 greenhouses.