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Tamil Nadu Budget 2019 – 20 Full Highlights and Key Features List:

On 8th February 2019, Friday the Deputy Chief Minister of Tamilnadu state and also the Finance Minister O Panneerselvam presented the State Budget for the financial year 2019 and 2020 for the state of Tamilnadu.

The third Budget of All India Anna Dravida Munnetra Kazhagam AIADMK Government was presented with no new taxes.

Tamilnadu Budget 2019-20 Highlights and Key Features:

  • 1,000 crore rupees allocated for Atthikadavu Avinashi integrated drinking water project
  • 1,170 crore rupees allocated for handlooms.
  • 1,558 crore rupees allocated for Rural Drinking Water schemes.
  • 1,656 crore rupees allocated for school education, laptop scheme to get Rs 1,072 crore.
  • 10,000 crore rupees for offering farm loans.
  • 100 crore rupees allocated for Anna Varsity infrastructure upgrades.
  • 100 crore rupees allocated for horticulture.
  • 100 crore rupees allocated for new and innovative development projects.
  • 116 crore rupees allocated for groynes in Kanyakumari district.
  • 12,563.83 crore rupees allocated to health sector, energy sector gets Rs 18,560 crore.
  • 1252.41 crore rupees allocated for animal husbandry and Rs 258.45 crore towards dairy.
  • 172 crore rupees allocated for rural industries.
  • 172.06 crore rupees allocated towards farm mechanization.
  • 18,274 crore rupees allocated for Rural development.
  • 18,700 crore rupees allocated for Municipal Administration and Water board.
  • 2,000 battery run buses will be purchased with German aid.
  • 2,000 solar agri pump sets to be distributed in 2019-20.
  • 20,000 green houses to be constructed in 2019-20.
  • 200 crore rupees allocated for sugarcane farmers.
  • 250 crore rupees has been set aside for payment of premium under accident cum life insurance scheme.
  • 28,757 crore rupees allocated to education department.
  • 29,000 crore rupees set aside for pension to retired employees.
  • 3,958 crore rupees allocated towards social security pension.
  • 300 crore rupees allocated for desilting of lakes in the state.
  • 38,000 dwelling units to be constructed for people living by riverside in Chennai.
  • 420 crore rupees allocated for building 20,000 green houses.
  • 491 crore rupees allocated for free dhoti and saree scheme.
  • 500 battery buses will ply in Chennai, Coimbatore and Madurai in the first phase.
  • 55,399 crore rupees allocated for govt employees salaries.
  • 6,000 crore rupees allocated for food subsidy.
  • 621.59 crore rupees allocated towards crop insurance scheme.
  • 726 crore rupees allocated for construction railway over bridges.
  • 8,118 crore rupees allocated as power subsidy for consumers.
  • A frozen semen station for animals will be set up at a cost of Rs 100 crore.
  • Commercial tax revenue is estimated to be at Rs 96,177 crore.
  • Comprehensive integrated parking management project in Chennai will be set up at a cost of Rs 2,000 crore.
  • Cyclone Gaja relief placed at Rs 2,361 crore.
  • Essential diagnostics will be made available at all government hospitals.
  • Expenditure is estimated to be at Rs 2,08,671 crore.
  • Fiscal deficit for 2019-20 will be Rs 44,176 crore which is 2.56 per cent of the GSDP.
  • Floating solar projects planned at a cost of Rs 1,150 crore in Theni, Salem and Erode districts.
  • French food processing to set up an integrated industrial park near Chennai at an investment of Rs 2,000 crore.
  • Gaja cyclone relief: 1 lakh houses at a cost of Rs 980 crore to be built.
  • Highways and small ports has been allotted Rs 13,605.
  • Housing and Urban development to get around Rs 6,250 crore, agriculture allocation to be at Rs 10,550 crore.
  • Housing department to be allocated Rs 6,265 crore.
  • Irrigation dept to get Rs 5,984 crore, veterinary dept to get Rs 1,252 crore.
  • Non tax income estimated at around Rs 13,000 crore.
  • Per capita income in Tamil Nadu has increased to Rs 1,42,267 per annum.
  • Poverty alleviation department to get Rs 1,031 crore, fisheries dept allocated Rs 928 crore.
  • Smart parking lots across Chennai at a cost of Rs 2,000 crore.
  • State economic growth is estimated at 8.1 per cent.
  • State Government to establish a new government arts and science college in Rameswaram in 2019-2020.
  • Tamil Nadu borrowed around Rs 44,000 crore in 2018-19, state will borrow Rs 43,000 crore in 2019-20.
  • TN govt estimates tax revenue to increase by 14 per cent in 2019-20.
  • Tourism department allocated Rs 788 crore.
  • Transport Department allocated Rs 1,298 crore, Family Welfare Department

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