Tamil Nadu FM O Paneerselvam announces 2019-2020 FY budget

Deputy Chief Minister of Tamil Nadu and the Minister for finance Mr O Paneerselvam has announced the budget for FY 2019-2020.

The budget was announced on 08.02.2019 Friday at the state assembly. Highlights of the budget:

Rs. 82,673.22 crore allocated for various welfare schemes in 2019-20.

Comprehensive Integrated Parking Management project to be implemented in Chennai

at a cost of Rs.2,000 crore to accommodate two lakh four wheelers and two lakh two-wheelers.

1 Lakh concrete houses will be built in the areas affected by Cyclone Gaja at a cost of Rs.1,700 Crore.

The budget proposes an Arts and Science College in the name of former president A.P.J. Abdul Kalam in his home town of Rameswaram.

Rs. 2,681 crore allocated for extension of Chennai Metro Rail project.

3000 scooters will be provided for differently-abled persons.

Organic Certification Centres will be set up in all districts to promote Organic Farming

Tamil Nadu Government proposes to purchase 2,000 electric buses.

It would be introducing 500 electric buses in Chennai, Madurai and Coimbatore.

Rs. 12,563.83 crore allocated to Health and Family Welfare Department.

Tamil Nadu Health Systems Reforms Programme will be launched with World Bank’s support,

to improve the access of poor and the disadvantaged to the government health facilities.

A comprehensive solid waste management project for the Greater Chennai Corporation has been prepared.

Rs. 55,399.75 and Rs. 29,627.11 crores are being provided for salaries and pensions respectively.

The government proposed solar power projects in Theni, Salem and Erode with a capacity of 250MW.