Tamilnadu Budget 2023 - 24 Highlights

Schemes and Local Policies
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Tamilnadu Budget for 2023 - 24 was presented in Tamilnadu Assembly by Finance Minister Mr. Palanivel Thiagarajan.

Below are some highlights from the budget - source (Times of India).

  • TN to launch Rs 1,000 monthly financial aid for women home makers from September 15. It has allocated Rs 7,000 crore for the scheme

  • Metro rail services to be launched in Coimbatore and Madurai. It has earmarked Rs 9000 crore and Rs 8,500 crore to implement the project

  • Rs 500 crore allocated for procurement of 1,000 new buses and refurbishing another 500 buses

  • Free breakfast scheme to be extended to all 30,122 government primary schools from 2023-24. Rs 500 crore allocated

  • Solatium for defence personnel who sacrifice their lives during duty will be doubled from Rs 20 lakh to Rs 40 lakh

  • Literacy and numeracy programme to be extended up to Class V

  • North Chennai development initiative to be launched at Rs 1 000crore

  • New multi super specialty facility will be built in Stanley Medical College Hospital along with a nursing college and hostel

  • Under Singara Chennai initiative, the Adyar and the Cooum rivers to be restored with greenery, parks, open gyms and walking area at the cost of Rs 1500 crore

  • International birds centre would be established at Marakkanam at the cost of Rs 25 crore

  • Monthly financial assistance for severely differently abled persons increased from Rs1,500 to Rs2000

  • Rs3,993 crore allotted to waive gold and education loans

  • TN targets bank loans to the tune of Rs 30,000 crore for women self-help groups

  • A training institute for advanced technology would be set up at Ambattur at a cost of Rs 120 crore

  • A grand Chola museum will be set up in Thanjavur

  • TN to bring all schools functioning under various departments including Adi-Dravida and Tribal Welfare, Backward Classes, Most Backward Classes and Denotified Communities and Forest under the school education department

  • Rs 77,000 crore allocated for developing a mega power project to generate 14,500MW power by 2030

What is your opinion on the budget? How much do you rate in scale of 1-5? 1 - very disappointing 5 - Extremely supportive.

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