Tamil Nadu Deputy Chief Minister O Panneerselvam presents the state interim budget for the year 2021-22 at Chennai's Kalaivanar Arangam on Tuesday.Tamil Nadu Budget 2021 February 22, 23 Highlights: Deputy Chief Minister O Panneerselvam presented the the interim budget for the year 2021-22 at Chennai’s Kalaivanar Arangam at 11 am today. The budget for the year is the 11th budget speech of OPS.
Denied permission to speak ahead of the session, the Opposition, comprising DMK and Congress MLAs staged a walkout.
Meanwhile, Tamil Nadu recorded 447 positive cases of COVID-19 on Monday, bringing the state tally to 8,48,724. Among these, Chennai reported 151 positive cases, bringing the city’s total to 2,34,491. The state recorded six deaths on Monday, putting the state toll at 12,460. All six of them had succumbed due to comorbidities. A total of 461 patients were discharged following treatment, taking the total number of recoveries to 8,31,706.
Tamil Nadu Deputy Chief Minister and Finance Minister O Panneerselvam presented the state interim budget for the year 2021-22 at Chennai’s Kalaivanar Arangam on Tuesday. This was the 11th budget speech for OPS under the AIADMK government.
During his introductory speech, O Panneerselvam stated that a total of Rs. 13,352 crore had been spent by the state government on COVID-19 relief operations in Tamil Nadu following the outbreak of the pandemic in March, 2020. He said that the impact of the pandemic has been echoed in the interim budget.
With rising costs, the budget indicated that the state’s fiscal deficit is expected to be 4.99 per cent. The state debt, which is currently at Rs, 4.85 trillion is set to increase to Rs. 5.7 trillion, said OPS. Following the presentation of the interim budget for the year 2021-22, revenue has been projected at Rs 1,80,700.62 crore.
While concluding the budget speech, O Panneerselvam added that the ruling AIADMK will return to head the government and will complete the projects stated in the budget.
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Following the conclusion of the interim budget session, Tamil Nadu Assembly Speaker P Dhanapal announced that the session will be reconvened on February 25 at Kalaivanar Arangam in Chennai.
Approval has been granted for constructing an industrial park at Kallapalayam in Coimbatore district.
Approval has been granted for constructing an industrial park at Kallapalayam in Coimbatore district.
Following the presentation of the interim budget for the year 2021-22, revenue has been projected at Rs 1,80,700.62 crore.
With rising costs, the budget has indicated that the state's fiscal deficit is expected to be 4.99 per cent.
A total of Rs. 100 crore has been allocated to improve the residential accommodations of those belonging to the Adi Dravidar community with basic amenities.
The budget has also allocated Rs. 1932 crore towards the improvement of the community.
Rs. 1276 crore has been allocated towards the Tribal sub-project in the State.
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Presnting the interim budget at Chennai's Kalaivanar Arangam today, Deputy Chief Minister O Panneerselvam said that the outbreak of the pandemic has led to an expenditure amounting to Rs. 12,913 crore in the state.
Stating that Tamil Nadu had attracted maximum investments amid the pandemic, OPS announced that 62 investment projects worth Rs. 39,941 crore had been granted approval.
The interim budget has allocated Rs. 6448 crore for the Chennai-Kanyakumari industrial route project.
The Tamil Nadu Skill Development Corporation has been allocated Rs. 200 crore in the interim budget.
A total of 3140 crore has been allocated towards development projects by the Greater Chennai Corporation.
Tamil Nadu Deputy Chief Minister O Panneerselvam, while presenting the interim budget for the year 2021-22 announced that Tamil Nadu has received Rs. 1492 from the World Bank to finance the state's housing sector.
Announcing that road development projects in Tamil Nadu have been completed ahead of the targetted date, OPS said Rs. 5171 crore has been allocated for Phase 2 of the project.
A total of 2749 community health complexes will be constructed in the state for Rs. 144.33 crore.
Around 40 lakh households will be provided with drinking water connection at a cost of Rs 3,016 crore.
The subsidy for roofing under the Prime Minister's housing scheme has been hiked to Rs. 70,000.
Launching BJP’s attempts to connect with voters in Tamil Nadu focusing on Tamil language and culture, Defence Minister Rajnath Singh delivered a surprise in his public rally in Salem on Sunday. Singh, who began his speech with usual “Vanakkam” and a war cry “Vetrivel Veeravel (victorious & courageous Vel Murugan)”, went on to emphasise Tamil people’s contribution in enriching Indian culture.
He spoke about the contributions of Rajaraja Chola and Rajendra Chola to lay the foundation of India’s maritime and naval strength, projected Tamil culture as the Amma of Indian culture and even referred to the Sensex boom as a Jallikkettu.
Even while attacking the Congress, he threw a question to the crowd whether they considered the opposition party as “nallavara kettavara” (bad or good, in the lines of one of the iconic dialogues by Kamal Haasan in the film Nayagan).
The BJP state unit was apparently thrilled that Singh could deliver such a speech, touching upon the glories of culture and language.
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A total of Rs. 1374 crore has been allocated towards construction work in the state.
OPS stated that the Sarabhanga Pumping project and Athikadavu Avinashi project will be completed soon.