Tamil Nadu Budget 2023: Rs 1,000 per month for eligible women homemakers

Tamil Nadu Budget 2023: Tamil Nadu Finance Minister (FM) Palanivel Thiaga Rajan tabled the budget for the financial year 2023-24 in the assembly. The budget speech began at 10 am today, 20 March. FM told the assembly that the state's revenue deficit was reduced by Rs 30,000 crore in FY 2023-24 from Rs 62,000 crore in the last financial year. An announcement regarding a welfare programme is made to grant monthly assistance of Rs 1,000 to women heads of families this session, as Chief Minister M.K. Stalin also said last month during his campaign for the by-poll to the Erode (East) Assembly constituency. Tamil Nadu government announced to set up Tech City in Chennai, Coimbatore and Hosur to address the growing demand for infrastructure requirements during Tamil Nadu Budget 2023.

Tamil Nadu Budget 2023: Live Updates 

• State's own tax revenue expected to increase to more than Rs 1.5 lakh crore in FY24. It was over Rs 1.4 lakh crore in the current fiscal, says FM
• State announces Rs 1,000 per month for "eligible" women homemakers. Rs 7,000 crore will be allotted this year for the scheme.
• Rs 9,000 crore allocated for metro rail services in Coimbatore.
• Rs 5,346 crore allotted for old age pension scheme - 35.8 lakh beneficiaries will receive the pension.
• Rs 20 crore allocated to create sports facilities at resettlement colonies in Chennai.
• FM Palanivel Thiaga Rajan allocated Rs 55 crore to develop tourism in Hogenakkal and Poompuhar.
• Rs 500 crore is allocated for the procurement of 1,000 new buses and for refurbishing another 500 buses.
• Two factories to manufacture non-leather footwear coming at Ranipet and Kallakurichi providing employment for 32,000 women.
• Rs 77,000 crore allotted for developing a mega power projects to generate 14,500 MW of power by 2030.
• Rs 14,000 crore allocated towards subsidy for TANGEDCO.
• Rs 2,000 crore announced for Neithal meetpu project for the restoration of sea, beaches.
• Rural roads covering more than 5,140 km would be laid at a cost of Rs 2,000 crore in FY24.
• International birds centre would be established at Marakkanam at a financial outlay of Rs 25 crore.
• The breakfast scheme would be expanded to Class 4th and 5th Students: Tamil Nadu Finance Minister Dr P Thiaga Rajan. 
• Rs 305 crore earmarked for bicycles for school students.
• CMDA will set up a hi- tech Sports City. A DPR will be prepared by experts.
• Rs 77,000 crore allotted for developing mega power project to generate 14,500 MW of power by 2030.