Tamil Nadu Budget Highlights 2022-23

Tamil Nadu Budget 2022-23

TAMILNADU GOVERNMENT’S BUDGET SPEECH – 2022-2023

Speech of Dr. Palanivel Thiaga Rajan, Minister for Finance and Human Resources Management, Government of Tamil Nadu, Presenting the Budget Estimates for the year 2022-2023 to the Legislative Assembly on 18th March 2022.

Hon’ble Speaker Sir,

I rise to present to this August House the Budget Estimates for the year 2022-2023. Let me commence this address with the immortal words of Saint Thiruvalluvar which encapsulates the vision of this Government for the State:

பிணியின்மை செல்வம் விளைவின்பம் ஏமம்
அணியென்ப நாட்டிற்கிவ் வைந்து.

குறள் 737

Absence of disease, plenty in harvest, wealth, general happiness and security, these five are the jewels of a country.

(Kural–738)

 

Highlights of Tamil Nadu Budget 2022-23

  • A collection of Periyar’s written works will be published in print and digital editions in 21 Indian and World languages at a cost of five crore rupees.
  • New museums will be built in Villupuram and Ramanathapuram districts at an estimated cost of Rs.10 crore.
  • Rs.50 crore allocated for to retrieve and protect Government lands, including water bodies from encroachments.
  • Rs.4,131 crore has been allotted for loan waiver in this year’s Budget.
  • The Government has sanctioned a special desilting scheme for 4,964 km of canals at a cost of Rs.80 crore in 10 districts in the delta region.
  • The Government will set up a botanical garden at a cost of Rs.300 crore near Chennai in partnership with Kew Gardens of London.
  • 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 remodelling the Guindy National Park.
  • Rs 300 crore allocated for a new park/botanical gardens to come up in Chennai.
  • Steps would be taken to protect Nilgiri Tahr, the state animal of Tamil Nadu, at a financial outlay of Rs 10 crore.
  • Rs. 125 crore for Model schools will be established in 15 more districts.
  • Rs 7,500 crore sanctioned towards subsidy for public distribution system.
  • Rs.36 crore allotted for to establish District Central Libraries with modern infrastructure.
  • 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.
  • 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.

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