2017 Tamil Nadu Budget Highlights

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2017 Tamil Nadu Budget Highlights

The State Finance Minister D. Jayakumar presents the budget for the financial year 2017- 18. Again, this is the 1st budget after E. Palaniswami assumed office as the state Chief Minister.

Tamil Nadu Budget 2017 highlights:

  • No tax benefits included in the budget due to the impending GST implementation.
  • With the implementation of GST, TN stands to benefit, says finance minister Jayakumar.
  • Revenue from taxation expected to be around Rs 99,590 crore.
  • Smart canes to be given to 10,000 blind people.
  • Disability pension raised from Rs 1,000 to Rs 2,000.
  • Rs 61 crore set aside for the sanitary napkin provision scheme.
  • The modern residential school with hostel facilities for teachers will be set up in Javvadu hills for the benefit of tribal communities at a cost of Rs 24 crore.
  • Rs 758 crore allotted for the free laptop scheme.
  • Rs 1,503 crore allotted for free schemes extended to school going children.
  • Rs 200 crore allotted to help 1 lakh, women, to purchase scooters at a subsidised rate.
  • A number of PG medical seats raised from 1,188 to 1,362.
  • Rs 352 crore allotted for improving schools infrastructure.
  • Public health and family welfare get 10,158 crore allotment.
  • Old tenements constructed by the Tamil Nadu Slum Clearance Board will be reconstructed.
  • 30 new Primary Health Centres to come up at a cost of Rs 43.76 crore.
  • Green housing project gets Rs 420 crore to build 20,000 houses.
  • Urban Swachh Bharat Mission gets Rs 600 crore allocation.
  • Chennai Mega City development mission gets Rs 400 crore to finish infra projects undertaken by Greater Chennai Corporation.
  • Medical Park to come up in Kanchipuram at a cost of Rs 130 crore.
  • Rs 1 lakh per temple will be spent to renovate 1,000 rural area temples.
  • Anna Daanam scheme started by Jayalalithaa will be continued in 265 temples in Tamil Nadu.
  • Information Technology department gets Rs 116 crore.
  • Transport department gets Rs 2,192 crore allocation.
  • Rs 160 crore allotted to widen state Highways.
  • Road infrastructure maintenance gets Rs 3,156 crore.
  • Rs 100 crore for Highways safety fund.
  • Rs 300 crore allotted for Tamirabarani-Nambiyaaru river linking project.
  • Rs 3,042 crore loan from World Bank will be used for conservation of various water bodies.
  • Rs 300 crore allotted for the Kudi Maramathu project.
  • Environmental projects, like conservation of Pallikaranai marshland, to be undertaken by the Green Climate Fund.
  • Rs 7,000 crore will be disbursed as crop loan through cooperative banks.
  • Food allowance for hostel dwelling college students raised to Rs 1000 from Rs 875.
  • Mookaiyur in Ramanathapuram district will get new fishing harbor.
  • Fishing ban compensation raised to Rs 5,000.
  • Animal husbandry department gets Rs 1,161 crore allocation.
  • Madurai will get new Aavin milk production unit at cost of Rs 40 crore.
  • Rs 22,394 crore allotted to government employees/pensioners welfare fund.\
  • BC/MBC welfare gets Rs 983 crore. Adi Dravida welfare ministry gets Rs 3,009 crore.
  • Sugarcane cultivation will be encouraged under the drip irrigation scheme.
  • Refugee welfare fund (Sri Lankan refugees) gets Rs 116 crore.
  • The fiscal deficit for 2016-17 is Rs 61341.23 crore against Rs 40533.84 crore.
  • Youth welfare and sports ministry get Rs 165 crore.
  • 3.5 lakh plots of land will be given to economically weaker sections. Labour welfare department gets Rs 1,010 crore.
  • Expenditure for 2016-17 has gone up from Rs 167493.27 to Rs 183745.03 crore.
  • Police department gets Rs 1,483 crore allocation, prisons department gets Rs 282 crore.
  • Tax revenue has gone down by Rs 3,000 crore this year.
  • Rs 229 crore allotted to construct court complexes across TN.
  • Rs 26,932 crore allotted for school education department. Higher education department gets Rs 3,680 crore.
  • Rs 174 crore allotted to conduct local body elections across Tamil Nadu.
  • Municipalities administration get Rs 13,996 crore
  • Rs 450 crore allotted for 3,000 more housing projects for Tamil Nadu police staffers.
  • Handloom and Khadi department gets Rs 194 crore.
  • Urban poverty alleviation schemes get Rs 272 crore.
  • Rs 1,000 crore allotted for 100 days employment scheme in rural areas.
  • Rs 615 crore allotted to meet drought situation.
  • Commercial taxes revenue for TN in next fiscal would be Rs 77,234 crore.
  • Finance minister D Jayakumar begins his budget speech in TN assembly.