Tamil Nadu State Budget 2018 – 19 Full Highlights and Key Features

Tamil Nadu State Budget 2018 – 19 Full Highlights and Key Features:


Deputy Chief Minister of  TamilNadu O. Panneerselvam, also handling finance portfolio, presented the State budget 2018-19 in the Assembly today.

DMK members led by Leader of the Opposition M.K. Stalin staged a walk out after being refused opportunity to speak; they boycotted the Budget speech.

Tamilnadu Budget 2018-19 Highlights:
Total revenue receipts, including Central transfers, are estimated at ₹1,76,251 crore during 2018-19.
The state’s own tax revenue is estimated to be ₹98,693 crore.
It is estimated to increase to ₹1,12,616 crore in the budget estimates for 2018-19.
The revenue expenditure during 2018-19 is estimated at ₹1,93,742 crore, which shows a growth of 11.22% over revised estimates 2017-18.
The revenue deficit is expected to be ₹17,491 crore and the fiscal deficit is estimated to be ₹44,481 crore in the budget estimates 2018-19.
The fiscal deficit to GSDP ratio is estimated at 2.79% as per the budget estimates 2018-19, which is well below the 3% fiscal norm.
During the period from July 2017 and February 2018, the State has received ₹632 crore as GST compensation from the government of India, Mr. Panneerselvam informs Assembly.
A sum of ₹786 crore has been provided for State Disaster Response Fund for 2018-19.
A comprehensive flood management plan for North Chennai and South Chennai has been prepared at an estimate of ₹2,055 crore and submitted to Centre for support.
The subsidy earmarked for 2018-19 budget estimates is ₹75,722.76 crore, whereas the revised estimate for 2017-18 is ₹70,662.74 crore.
The economy is slowly picking up which is evident from the increase in GSDP growth rate in real terms, from 4.85% in 2012-13 to 8.03% in 2017-18 despite the temporary setbacks in between.
The trends in expenditure are steady except for the hike in salaries and pensions due to the implementation of Seventh Pay Commission recommendations.


  1. Any special announcement made for Madurai district in the Tamilnadu state Budget 2017

  2. How to get the scooters under Women subsidiary scheme recently announced in Tamilnadu Budget 2017

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