Tamil Nadu Budget 2022 Highlights: Full List of Schemes and Key Announcements From TN Budget 2022-23
Chennai, Mar 18: Tamil Nadu Finance Minister PTR Palanivel Thiagarajan presented the state budget to the Assembly today, saying the revenue deficit will be reduced by 7000-crore rupees from the estimated figures next year. He expressed confidence that the fiscal deficit also will see a reduction from 4.61 percent last year to 3.8 percent, despite the challenges like the Covid-19 pandemic.
He, however, cautioned that the ongoing Ukraine crisis may cause an impact on the economy by affecting demand shocks and supply disruptions.
The state revenue expenditure is estimated at more than two lakh 84-thousand crore rupees next financial year, whereas the capital expenditure is pegged at about 43-thousand crore rupees.
Referring to law and order issues that arise due to fake news in social media, he said Special Social Media Monitoring Cells would be set up. 18-thousand classrooms for schools are set to be built. Book fairs in all districts and modernizing libraries and skill development schemes are some of the other announcements that were made in the budget.
Full List of Schemes and Key Announcements From TN Budget 2022-23
- Mobile information centres to be launched for migrant workers
- Tamil Nadu government will provide 2,000 electric buses this year.
- Total capital expenditure is expected to be at Rs 43,832.54 crore, which is 23.8% than the revised estimate.
- Revenue deficit estimate at Rs 58,692.68 crore
- Rs 50 crore allocated for 'Naan Mudhalvan' scheme
- Rs 20 crore allocated for sprucing up the Guindy National Park.
Steps would be taken to protect Nilgiri Tahr, the state animal of Tamil Nadu, at a financial outlay of Rs 10 crore.
- Model schools to be opened in 15 more districts.
- Rs 7,500 crore sanctioned towards subsidy for public distribution system.
- Rs 4,130 crore allocated for disbursing loans to the self help groups.
- Rs 10 crore allocated for multi-purpose sports facility at RK Nagar in north Chennai.
- The government sets aside Rs 36,895 crore for school education department.
- Budgetary allocation for higher education
- Book fair will be organised across Tamil Nadu.
- Rs 17,901 crore allotted for health and family welfare department.
- Singara Chennai 2.0 initiative will be allocated Rs 500 crore
- 500 new parks will be created in urban local bodies.
- Rs 3,000 crore allocated for Jal Jeevan Scheme.
- For the MGNREGA scheme,Rs 2,800 crore allocated
- 1,000 more houses will be built for people hailing from the Irular community at a cost of Rs 500 crore.