tamil nadu budget 2023 24|tamil nadu budget 2023 24 pdf|tamilnadu budget 2023 highlights|tamilnadu budget 2023|tn budget 2023 24 pdf download:The Tamil Nadu government has announced a slew of pro-people schemes in the state budget 2023-24, which was presented in the Assembly on Monday. The welfare schemes announced by finance minister Palanivel Thiaga Rajan include free travel for women in state-run buses, a breakfast scheme for government school students and an allocation of Rs 10,500 crore for a food subsidy scheme, among others.
During the DMK government’s third Budget since it came to power in May 2021, the much-anticipated announcement on disbursal of monthly assistance of ₹1,000 for women family heads was made by Finance Minister Palanivel Thiaga Rajan. The scheme which is DMK’s poll promise is to be launched by Tamil Nadu Chief Minister M.K. Stalin on September 15, added the Minister.
Tamilnadu Budget 2023-24
In the upcoming financial year, the state government will make classrooms, laboratories and toilets at a cost of Rs 1,500 crore. Additionally, the state government would extend the free bus pass scheme to 591 more elderly Tamil scholars, as announced in the Budget on Monday.Tamil Nadu Budget 2023-24 Highlights: Tamil Nadu Finance Minister Palanivel Thiaga Rajan on Monday, March 20, tabled the state budget for financial year 2023-24.
While presenting the budget in the Assembly, the finance minister made a slew of money-related announcements and schemes including a monthly assistance scheme.The Tamil Nadu government said reform initiatives have led to a reduction in revenue deficit from about Rs 62,000 crore to Rs 30,000 crore.
Tamil Nadu New Electricity Tariff
Tamil Nadu Budget 2023-24
One of the key announcements of the state budget was Rs 1,000 assistance for women family heads, which was one of the electoral assurances made by the DMK ahead of the 2021 Assembly election. Other important announcements include free travel for women in state-run buses, breakfast scheme for government school students.
The scheme offering Rs 1,000 per month assistance for eligible women heads of families will be launched in September this year, coinciding with Dravidian stalwart and party founder, the late CN Annadurai’s birth anniversary on September 15. As much as Rs 7,000 crore have been earmarked for the plan.
Tamil Nadu Budget Highlights 2023-24
The state finance minister also announced setting up of a state-of-the-art global sports city in Chennai and Rs 25 crore for factory skill schools and Metro rail projects for Coimbatore and Madurai.
The FM also announced renovation of the Jawaharlal Nehru Outdoor Stadium here at an estimated cost of Rs 25 Crore.
In the upcoming financial year, the state government would construct classrooms, laboratories and toilets at a cost of Rs 1,500 crore.
The government would extend the free bus pass scheme to 591 more elderly Tamil scholars.
The ‘Vada Chennai Valarchi Thittam’ scheme will be implemented at a cost of Rs 1,000 crore over the next three years to address the gaps in development and infrastructure deficit of North Chennai.
The government will also launch ‘Annal Ambedkar Business Champions Scheme’ to provide 35 per cent capital subsidy and offer a 6 per cent interest subsidy for loans to procure machinery and equipment to SC/ST entrepreneurs. Rs 100 crore have been allocated for this.
Tamil Nadu FM also announced an allocation of Rs 6,967 crore to the Higher Education Department.
Rs 500 will be utilised to train technical teachers.
For civil service aspirants in the state, the government will give them Rs 7,500 per month for 10 months to prepare for the preliminary examination.
Students who clear the preliminary examination will be given Rs 25,000. The government has set aside Rs 10 crore for Tamil Nadu Skills Development Corporation.
tn budget 2023 24 pdf download:
tn budget 2023 24 pdf download
Rs 500 crore for CM Breakfast Scheme
A total of Rs 500 crore has been allocated to expand the Chief Minister’s Breakfast Scheme for students, under which 18 lakh students will be benefitted.
The government will expand the morning breakfast scheme to all 30,122 government primary schools from next academic year, under the scheme.
Honorarium to Women heads of family
A scheme to provide a Rs 1,000 monthly honorarium for women heads of families was announced. The finance minister said that a monthly honorarium of Rs 1,000 for women family heads would be provided from the next financial year for those meeting criteria.
The scheme was launched by Chief Minister MK Stalin on September 15 to fulfil one of DMK’s key poll promises. An allocation of Rs 7,000 crore has been made for the scheme and guidelines will be released soon.
Scheme for North Chennai
The ‘Vada Chennai Valarchi Thittam’ scheme will be implemented at a cost of Rs 1,000 crore over the next three years. Under this, steps will be taken to identify and address the gaps in development and infrastructure deficit of North Chennai.
‘Naan Mudhalvan’ scheme
A total of Rs 50 crore was allocated for the Naan Mudhalvan scheme. Currently, under the scheme, about 12.7 lakh students from engineering, arts and science colleges are receiving training.
So far, about 12,582 engineering faculty and 7,797 arts and science faculty have also been trained, The Hindu reported.
‘Annal Ambedkar Business Champions’ Scheme for SC and ST entrepreneurs
The ‘Annal Ambedkar Business Champions Scheme’ will be launched in the upcoming fiscal year which will provide 35 percent capital subsidy and offer a 6 percent interest subsidy for loans to procure machinery and equipment to SC/ST entrepreneurs. A total of Rs 100 crore has been allocated for this scheme.
1,000 new buses and subsidies for free travel for women
In the budget, it was announced that the state government will procure 1,000 new buses and renovate 500 old buses at a cost of Rs 500 crore.
Additionally, an allocation of Rs 2,800 crore was made as subsidies towards free bus travel for women in state-run buses.
Also, a total of Rs 1,500 crore as subsidy has been allocated for student concession in bus fare and another Rs 2,000 crore has been allocated as diesel subsidy.
A total of Rs 14,000 crore was allocated towards subsidy for Tamil Nadu Generation and Distribution Corporation (TANGEDCO).