Highlights of Tamil Nadu Budget 2020
Deputy Chief Minister and State Finance Minister O. Panneerselvam presented the State Budget in the Assembly for the 10th time on February 14. Tamil Nadu’s economic growth for 2019-20 is projected to be 7.27%, a fall from 8.17% in 2018-19 due to global and national economic headwinds. Candidates can get the complete details about Tamil Nadu Budget 2020 – 21 from our blog.
Highlights of Tamil Nadu Budget 2020 – 21
- Food parks proposed to be established in Dharmapuri, Ariyalur, Perambalur, Karur, Nagapattinam, Ramanathapuram, Tenkasi districts at a cost of Rs 70 crore.
- The government has decided to form a ‘not-for-profit’ Special Purpose Vehicle to finance and manage the Amma Unavagam programme
- Eco-restoration of the Buckingham Canal, its drains and all the drains of the Cooum and Adyar at a total cost of Rs.5,439.76 crore to be taken up
- Rs38,181.73 crore allocated for School Education Department, Rs5,052.84 crore for Higher Education
- Stamp duty tax has been reduced to 0.25 per cent from the earlier 1 per cent
- Fisheries department – To improve communication for fishermen more mechanised boats to be fitted with transponders
Tamil Nadu Budget 2020 – 21
Sector |
Allocated Amount |
Higher Education |
5,052.84 crore |
Electricity Department |
20,115.58 crore |
For establishing 11 new medical colleges |
1,200 crore |
Health Sector |
15,863 crore |
Department of Tamil Development |
74.08 crore |
Archeology Department |
31.93 crore |
Department of Transport |
2716.26 crore |
Disaster management |
1360 crore |
Department of Prison |
392 crore |
Department of Energy |
20,115.58 crore |
Department of Highways |
15,850 crore |
For rural local bodies |
5306.95 crore |
For Crop Insurance |
11,000 crore |
Department of Agriculture |
11,894 crore |
For Amruth Project |
1450 crore |
Department of Municipal Administration and Water Supply |
18,540 |
Nirbhaya Project |
71 crore |
For Food subsidy |
6,500 crore |
[table id=5606 /]