tamilnadu budget 2024 25

Focus on Grand 7 Tamil Dream

Revenue

Tamil Nadu to get higher amount as share of Central taxes.

Tamil Nadu would get ₹44,760.83 crore as its share of Central taxes as per the revised Union Budget estimates for 2023-24, presented by Finance Minister Nirmala Sitharaman . This is about 7.4% higher than the ₹41,664.86 crore projected in the initial estimates.

In the interim Budget estimates for 2024-25, Tamil Nadu’s share of Central taxes is estimated to be ₹49,754.95 crore, which is about 11.2% higher than the revised estimates for 2023-24.

Tamil Nadu Finance Minister ==Thangam Thennarasu== pointed out that the State received only 29 paise for every rupee it gave to the Centre. He said that while ==Tamil Nadu accounted for 6.124% of the country’s population==, its share from the total divisible pool of Central taxes had decreased from 5.305% under the 12th Finance Commission to ==4.079% under the 15th Finance Commission.==

Tamil Nadu plans to ==borrow ₹37,000 crore== in the last quarter of fiscal 2023-24 according to the indicative calendar of market borrowings released by the Reserve Bank of India (RBI).

T.N. Budget 2024-25: ==A tightrope walk amid financial constraints==

On September 15, 2023, the government launched its flagship ==Kalaignar Magalir Urimai Thittam==, which grants ₹1,000 per month to over 1.15 crore women heads of families, fulfilling its poll promise. A key aspect of this Budget would be revenue augmentation to meet the expenditure for various schemes. Fiscal 2023-24 has been challenging for the State’s finances, owing to the heavy floods in Chennai and southern districts.
According to the Governor’s Address, the State was grappling with a severe stress on its fiscal resources in the aftermath of the disasters, and its capacity for resource mobilisation was constrained following the implementation of GST.

==HIGHLIGHTS FOR BUDGET ESTIMATES 2024-25==

Tamil Development

Rural Development

Municipal Administration

4,457 km length of urban roads will be upgraded at a cost of Rs.2,500 crore through convergence of various schemes.

Modern public infrastructure amenities including an urban public square with natural landscapes, exhibition halls and open-air theatres in Island Ground will be established at a cost of Rs.104 crore. In addition, beaches at Besant Nagar, Ennore, and Kovalam will be embellished with modern facilities at a cost of Rs.100 crore.

A state-of-the-art Hi-tech Film City Approx 150 acre

![[1000045401.jpg]]

Restoration of Adyar - public-private partnership

![[1000045374.jpg]]

The Adyar River which flows from Guduvanchery in Chengalpet district through Tambaram, Tiruneermalai, Manapakkam, Alandur and Saidapet before reaching the Bay of Bengal will undergo restoration and beautification through the Chennai Rivers Restoration Trust.

A new ‘Urban Greening Project’ will be implemented with active involvement of Green Tamil Nadu Mission, Non-Governmental Organizations and through community participation.

Water Supply

Projects for provision of uninterrupted 24x7 drinking water supply will be initiated in Madurai and Salem Corporations in the coming year.

The second phase of the Hogenakkal combined water supply scheme, which is successfully operating since 2007, will be undertaken at a cost of Rs.7,890 crore.

![[1000045403.jpg]]

A combined water supply scheme using Kollidam River as source will be implemented for providing water to approximately 65,000 people in Perambalur Municipality, and SIPCOT Industrial Complex located at Erayur and Padalur in Perambalur District, at an estimated cost of Rs.366 crore.

In order to provide clean drinking water to approximately two lakh residents living in 216 rural habitations covering four Panchayat Unions in Namakkal district, namely Senthamangalam, Erumapatti, Kapilarmalai, and Paramathi, a combined water supply scheme will be implemented with Cauvery river as the source, at a cost of Rs.358 crore.

A combined water supply scheme, with Vaigai as the source, will be undertaken at a cost of Rs.565 crore to benefit approximately six lakh residents of 425 rural habitations in Dindigul Corporation, Chinnalapatti and Sevukambatti Town Panchayats, and Panchayat Unions of Attur, Nilakottai, and Vathalakundu.

Water Resources - Rural development

Replacing the old structures.

![[1000045398.jpg]]

![[1000045404.jpg]]

A major project, aimed at restoring 5,000 water bodies, will be implemented through community participation under the guidance of leading scientific institutions,

Water Resources

In Chennai and surrounding districts, 22 permanent flood prevention and mitigation works are being undertaken at a cost of Rs.350 crore. In the southern districts, works for permanent flood control are being undertaken at a cost of Rs.280 crore.

Works for the second phase of ‘Extension, Renovation and Modernization of Grand Anicut Canal system will be undertaken at an estimated cost of Rs.400 crore in the coming year, thus benefiting an ayacut of 2.3 lakh acre in Thanjavur and Pudukottai Districts.

Green Energy

New pumped storage hydro-electric power stations will be established under public-private partnership with an investment of approximately Rs.60,000 crore.

Climate Change

The ‘Tamil Nadu Endangered Species Conservation Fund’ with a corpus of Rs.50 crore will be established.

Neithal Meetchi Iyakkam

‘TN-SHORE (Neithal Meetchi Iyakkam)’ has been sanctioned at an estimated cost of Rs.1,675 crore. The Mission aims to restore coastal resources across 14 coastal districts of Tamil Nadu covering a stretch of 1,076 km.

![[1000045402.jpg]]

Major beaches across the State including Marina in Chennai, Ariyaman in Ramanathapuram, Kayalpattinam in Thoothukudi, Kodavilai in Tirunelveli, Kameswaram in Nagapattinam, Kattumavadi in Pudukottai, Silver beach in Cuddalore and Marakkanam in Villupuram will be developed to obtain blue flag certification.

Women Welfare

Kalaignar Magalir Urimai Thittam.

Rs.1,000 per month is being directly deposited in the bank accounts of 1.15 crore women heads of households under the Kalaignar Magalir Urimai Thittam. For this scheme, an amount of Rs.13,720 crore has been allocated in the coming year.

Vidiyal Payana Thittam

Provide free bus travel to women will be further extended to hilly areas of Nilgiris, Kodaikanal and Valparai from the coming year.

Moovalur Ramamirtham Ammaiyar

Puthumai Penn Thittam

![[1000045393.jpg]]

Will be extended to girl students studying in Government-aided schools in Tamil medium.

‘Thozhi’ hostels

New ‘Thozhi’ hostels will be constructed this year in major cities such as Chennai, Coimbatore and Madurai, at a cost of Rs.26 crore, benefiting 345 women.

Transgender welfare
The Government will
cover all educational expenses including tuition and hostel fees for transgender individuals who want to pursue higher education.it will be implemented through the transgender welfare board. ₹2 crore has been allotted for the purpose.

A model home called ‘Poonjolai’ will be set up in Coimbatore with amenities such as skill training centre, counselling rooms, library, family members’visiting room, medical examination room, park and playground for children.

Chief Minister’s Breakfast Scheme

![[1000045392.jpg]]

broadened to encompass Government-aided schools in rural areas of the State starting from the upcoming academic year, thus benefiting around 2.5 lakh students enrolled from Class I to Class V.

In order to uplift the nutritional status of severely malnourished children in 0 to 6 months age group, a nutritional kit will be provided to their mothers.

A total of 500 new anganwadis will be constructed at a cost of Rs.70 crore to ensure basic infrastructure facilities for anganwadis currently functioning in rented buildings.

School Education - ₹44,042 crore

Construction of new classrooms at a cost of Rs.1,000 crore will be undertaken in the coming year.

15,000 smart classrooms will be established in the upcoming financial year at an estimated cost of Rs.300 crore.

Tamil Nadu government is to create 15,000 skill labs at schools at a cost of ₹300 crore.

![[1000045383.jpg]]

₹200 crore has been set aside for the second phase of Illam Thedi Kalvi scheme.

Higher Education - ₹8,212 crore

Civil infrastructure will be upgraded in Government Arts and Science colleges, Engineering colleges and Polytechnics at a cost of Rs.200 crore in the coming year.

Computers and other scientific equipment, with Integrated Learning Management Systems, will be provided to 236 Government educational institutions including Arts and Science, Engineering and Polytechnic colleges at a cost of Rs.173 crore.

![[1000045389.jpg]]

To kindle the quest for knowledge among citizens, especially youth, a grand library and science centre will be set up in Coimbatore.

Naan Mudalvan

![[1000045395.jpg]]

Skill Labs

![[1000045396.jpg]]

Increasing the number of youth clearing Staff Selection Commission, Railway and Bank examinations, 1,000 candidates will be selected annually and provided quality training, with boarding and lodging facilities, for six months in Chennai, Coimbatore, and Madurai regions. A sum of Rs.6 crore will be allocated for this purpose in the coming year.

‘Tamizh Pudhalvan’ scheme

![[1000045372.jpg]]

Following the success of the Moovalur Ramamirtham Ammaiyar ==Pudhumai Penn== Scheme

To help boys from poor and marginalized background, studying in Government schools, realize their dreams of higher education and transform them into achievers, a grand scheme “Tamizh Pudhalvan“ will be implemented from the coming financial year. This ambitious scheme will benefit around 3 lakh students

![[1000045388.jpg]]

The Government will take proactive steps to ensure that education loans to the tune of Rs.2,500 crore.

Youth and Sports Welfare

India’s first Tamil Nadu Olympic Water Sports Academy will be established in Pirappanvalasai in Ramanathapuram district.

Olympic academics in ==four== districts

The Tamil Nadu government will establish four Olympic Academies in Chennai, Madurai, Tiruchi and the Nilgiris to provide world-class training in various sports.

Health and Family Welfare

![[1000045394.jpg]]

To expand the pioneering ‘Innuyir Kappom: Nammai Kaakkum - 48 Thittam’, the maximum threshold for availing free of cost treatment during the first 48 hours post accident will be raised from one lakh rupees rupees to two lakh rupees.

Enhancing the Healthcare Infrastructure

Six intensive care units with 50 beds each, at an estimated cost of Rs.142 crore.

A 100 bedded ICU will be constructed at Perundurai Government Medical College hospital in Erode district at an estimated cost of Rs.40 crore.

Further, additional buildings will be constructed in 25 Taluk and non-Taluk hospitals at a cost of Rs.87 crore.

Tamil Nadu Government Dental College hospital in Chennai will also be upgraded at a cost of Rs.64 cr.

De-Addiction Centres will be established in 25 Government Hospitals at a cost of Rs.20 crore.

Labour Welfare

![[1000045384.jpg]]

Industrial Development

SIPCOT will establish a new industrial park, spanning 300 acres near Sengipatti, at a cost of Rs.120 crore.

A special scheme to offer a payroll subsidy of 10 per cent of the salary of women, differently abled and transgender employees for two years to all new industrial units providing direct employment to over 500 such individuals from Tamil Nadu will be introduced. In addition, creches for infant children will be established in all major SIPCOT industrial estates under public-private partnership to support working women. A new tailor-made skill training programme will be introduced to facilitate women willing to re-enter the job market after taking a sabbatical for reasons such as marriage and pregnancy.

![[1000045390.jpg]]

TIDCO will establish a new ‘Space Industrial and Propellant Park’, at an extent of 2,000 acres, to promote space technology industries.

Global Capability Centres

In order to make Tamil Nadu as the prime destination for GCCs in India, the State will incentivise the creation of high paying jobs in new GCCs by providing a payroll subsidy of 30 per cent in the first year, 20per cent in the second year and 10 per cent in the third year for jobs with pay above Rs.1,00,000 per month.

Micro, Small and Medium Enterprises - MSME

Global Startup Summit will be conducted on January 2025 in Chennai, TAMIL NADU for the First Time.

To identify and support enthusiastic and dynamic entrepreneurs capable of addressing diverse social development challenges, climate change needs, and improving public services, the Periyar Social Justice Venture Lab will be established.

Three new industrial estates dedicated to Micro, Small and Medium Enterprises will be established in Ottanchathiram Taluk in Dindigul District, Manamadurai Taluk in Sivagangai District and Thiruthuraipoondi Taluk in Thiruvarur District. at an estimated cost of Rs.32 crore.

A four-storied industrial complex, with plug and play facilities, will be constructed at Kurichi Industrial Estate in Coimbatore district, over an extent of 1.2 acresat a cost of Rs.37 crore by TANSIDCO.

A state-of-the-art Industrial Innovation Centre, covering an area of 26,500 sq.ft, will be constructed in Madurai at an approximate cost of Rs.24 crore.

A three-storied industrial complex, spanning 5 acres of land, will be developed at Sakkimangalam Industrial Estate in Madurai district by TANSIDCO at a cost of Rs.118 crore to create employment opportunities for 4,500 individuals.

An incentive of Rs.2 per kg will be provided to the members of 16 co-operative tea factories who supplied green tea leaves during the last year. An amount of Rs.9 crore will be allocated for this purpose, benefiting approximately 27,000 small tea growers.

Transport

![[1000045387.jpg]]

3,000 new buses will be procured, and 500 electric buses will be procured and brought into operation with the financial assistance of KfW.

The mini bus services will be extended to rural areas adjacent to rapidly growing urban areas, with revamped guidelines.

Chennai Metro Rail

![[1000045385.jpg]]

A 27-storied iconic building with heritage design, spanning approximately 10 lakh sq.ft.,

![[1000045391.jpg]]

A state-of-the-art integrated multi-modal bus terminus and office complex, equipped with ultra-modern amenities, will be developed at a cost of Rs.823 crore near the current Broadway bus terminus and Kuralagam building.

Information Technology

State Data Centre

The State Data Centre will be upgraded with cloud computing infrastructure and disaster data recovery facility by the Electronics Corporation of Tamil Nadu Ltd (ELCOT) at a cost of Rs.200 crore over the next five years.

Free Wi-Fi services will be provided at 1,000 prime locations in all the Municipal Corporations.

![[1000045386.jpg]]

To develop guidelines for constructively leveraging AI in education, employment, industry, research and medicine, and to establish clear protocols for its utilization. This mission will involve professors from leading educational institutions in Tamil Nadu, executives from the electronics industry, and experts in the field.

A state-of-the-art IT Park

![[1000045412.jpg]]

in two phases will be constructed by ELCOT in Vilankurichi, covering an area of 20 lakh sq. ft.,

Reimbursement of property tax scheme expanded to all ex-servicemen

The Tamil Nadu government has announced that the property tax reimbursement scheme would be expanded to all ex-servicemen.

₹440 crore has been allocated for youth welfare and sports development. - B. Kolappan

T.N. State Highways Authority

Tamil Nadu government announces setting up of the ‘Tamil Nadu State Highways Authority’; a Bill in this regard to be tabled this Assembly session. aims to facilitate significant investments in road infrastructure development through public-private partnership. - Dennis Jesudasan

Open-air museum at Keeladi

T.N. Finance Minister .Thangam Thennerasu said an open-air museum would be constructed at the Keeladi excavation site, at a cost of ₹17 crore, to showcase the brick structures, ring wells, and factory zones that have been found during the Keeladi excavations. The site already houses a museum, where hundreds of artefacts unearthed since the excavations began in 2014-15, are housed.

State’s Own Tax Revenue

Tamil Nadu Finance Minister Thangam Thennarasu says for 2023-24 State’s Own Tax Revenue (SOTR) estimates is revised to ₹1,70,147 crore from the initial estimates of ₹1,81,182 crore, due to the impact from floods. Now, the SOTR growth is expected to be 13.26% for 2023-24, when compared to initial estimates of 20.61%.

Electric buses

500 new electric buses are to be procured for a sustainable future.- Tamil Nadu DIPR

![[1000045397.jpg]]

Commercial Complex at Chennai to sell Handloom and Handicraft products from Tamil Nadu and other States

KARUR, ERODE, VIRUDHUNAGAR districts to get ‘MINI TEXTILE PARKS’ at Rs.20 crores..!

KALAIGNAR INTERNATIONAL CONVENTION CENTRE at ECR Muttukadu 3 lakh sq. ft.

HERITAGE BUILDINGS WILL BE RESTORED WITHOUT AFFECTING THE ORIGINAL CHARM - Rs. 50 cr

SIPCOT park

SIPCOT park is to come up at Sengipatti in Thanjavur at a cost of ₹120 crore. - B. Kolappan

Rope car facility

Rope car facility is to come up at Tiruparankundram and Thiruneermalai.

For Chennai

As much as ₹500 crore has been set aside for ‘Singara Chennai 2.0’ scheme. A new scheme is to be implemented for improving drinking water and sewage disposal at North Chennai at a cost of ₹946 crore.
Adyar canal would be renovated at a cost of ₹1,500 crore. Parks will be created on the banks of Adyar river. - B. Kolappan

In the pink of health

Tamil Nadu Finance Minister Thangam Thennarasu says ₹243 crore has been allocated for Makkalai Thedi Maruthuvam scheme and a sum of ₹20,198 crore for health and family welfare. - Sanjay Vijayakumar, B. Kolappan

Restoration of Rivers

A detailed project report would be prepared for the restoration of major rivers in Tamil Nadu. - B. Kolappan

Nemili desalination plant to be unveiled

Desalination plant at Nemili that has been constructed at a cost of ₹1,517 crore would be inaugurated soon. Lakes and ponds in Tamil Nadu would be renovated at a cost of ₹500 crore, says Finance Minister Thangam Thennarasu.

₹13,720 crore for ‘Kalaignar Magalir Urimai Thittam’

Tamil Nadu Finance Minister Thangam Thennarasu says ₹13,720 crore allocated for the DMK government’s flagship scheme - Kalaignar Magalir Urimai Thittam- Sanjay Vijayakumar

![[1000045401 1.jpg]]

₹300 crore for civic amenities

Tamil Nadu government allocates ₹300 crore in the budget for civic amenities including roads for areas nearby city corporations.

Allocation for excavation

அகழாய்வுக்கு அதிகத் தொகை ஒதுக்கிய மாநிலம் தமிழ்நாடு!
கீழடி உட்பட 8 இடங்களில் அகழாய்வு மேற்கொள்ள ரூ.5 கோடி ஒதுக்கீடு…!