Tamil Nadu finance minister O Panneerselvam presented a revised budget for 2016-17, the first since the AIADMK was voted back to power for a second consecutive term in May this year. Despite its poll promise of gradually phasing out alcohol across the state, there was no mention of the same in the budget. However, Panneerselval states that revenue earned from the state-run TASMAC is ₹6636.38 crore.
Here’s a list of the key points from the budget:
It has been decided to built 37 primary health care centres in Tamil Nadu.
The government is keen to built toilets in several schools.
To give education to all children is the prime concern for the government.
For conducting the Municipal elections, it has been decided to allocate ₹182 crores.
The Chennai people will be able to get high-class metro rail services in the near future.
The extension of metro rail from Vannarapettai to Thiruvottiyur is a great success for the current government.
For the welfare women, TN government announces 50% increase as women quota.
Various measures has been announced for continuous drinking water supply to all.
In 2015-16, the Tamil nadu economy grew by 8.79%.
For Clean Tamil Nadu, the government has decided to built 7.66 lakh house lavatories and public toilets during the year 2016-17. It will be done under the guidance of ‘Swach Bharat Mission’.
It has been decided to built 10 lakh houses in the next five years as mentioned in the election manifesto.
₹800 crore has been allotted to improve the Chennai Corporation.
Under MGNREGA scheme, Tamil Nadu got the ‘best implementation’ award in 2015-16.
It has been decided to give free sarees and dhotis for the householders during Pongal 2017.
A scheme will be implemented for unemployed youths.
It has been decided to host Investors Forum in the year 2017.
The government has decided to give laptops to over 5 lakh students.
It has been decided to revamp old temples in villages and towns.
The government has decided to boost the tourist spots.
It has been decided to buy 2,000 new buses.
By giving 100 units free to householders, the government is losing about ₹1,607 crores.
₹13,800 crore has been allotted for the energy sector with an urge on solar power.
In the next five years the energy sector will enhance its productivity.
It was decided to issue smart card for every householder by this year-end.
The local body elections will be held in October.
Houses will be built for the homeless.
By this year end the metro rail will run underground.
₹520 crores will be spent to build bridges in Salem.
₹300 crore will be spend in the next one year for the maintainance of roads.
It was decided to allott ₹2,700 crore to maintain the Highways.
It was indeed a landmark decision to increase the Mullaperiyar dam to 142 feet.
It has been decided to desilt River Vaigai and Noyyal with a cost of ₹24,586 crores.
₹445.19 crores for flood prevention and water sources.
427 km of roads to be improved.
By this year end, the govt will make way for smart cards.
It has been decided to speed up the process of increasing the water level
Short term mid term farmer loans to be waived off.
It has been decided to form Lokayuktha.
For Forest department, the govt. allotted ₹652.78 crores
Farming for fisheries will be increased in Thoothukudi, Kanyakumari, Thiruvallur districts.
1,000 scooters for physically handicapped who have lost both their legs.
Compensation during fishing ban will be increased.
Gold scheme for ‘thaali’ for women.
Revenue Deficit has been revised to ₹15,854.47 crores for FY2016-17.
Fiscal Deficit is estimated as ₹40,533.84 crores
Total Revenue Receipts is estimated as ₹1,48,175.09 crores. State’s own tax revenue is ₹86,537.70 crores.
TASMAC revenue is pegged at ₹6,636.38 crores.
₹2,000 crores allocatted for the ‘Tamil Nadu Infrastructure Development Fund’.
₹100 crores allocatted for the ‘Project Preparation Fund.’
In a landmark initiative, for the first time in the country, the State has promoted the Tamil Nadu Infrastructure Fund as an Alternative Investment Fund Category I through TNIFMC. It has been registered by the SEBI.
Outstanding short-term crop loans, medium term (agriculture) and long term (farm sector) loans issued to small and marginal farmers as on March 31, 2016 will be waived off.
The tentative principal and interest outstanding has been assessed at ₹5,780.92 crores. It will be compensated with interest by the government to Co-operatives in a span of five years.
A new scheme for dry land farming will be launched focusing on improving the production of millets, pulses and oil seeds.
A special sel-sufficiency Pulse Production Programme will be launched this year for promoting cultivation of green gram, black gram and red gram.
Tamil Nadu’s forest cover is highest among States.
Teak and other plantations will be raised in the canal banks, padugai lands and other lands outside forest area. ₹52.64 crore allotted for this purpose for a period of five years.
