Finance Minister O. Panneerselvam on Thursday July 21,2016 presented the present
AIADMK governmen's first budget.
This is the revised budget for the
fiscal 2016-17.
There was no announcement on total prohibition in it.
Highlights of his budget speech:
It has been decided to built 37 primary health care centres.
The government is keen to build toilets in several schools.
To give education to all children is the prime concern of the government.
For conducting municipal elections, it has been decided to allocate Rs. 182 crores.
Chennai people will be able to get high-class metro rail service in the near future.
The extension of the metro rail from Vannarapettai to Thiruvottiyur is a great success for the current TN government.
For the welfare of women, the government will make a 50 per cent increase in women quota.
Various measures have been announced for continuous drinking water supply to all.
In 2015-16, the Tamil nadu economy grew by 8.79 per cent.
For a clean Tamil Nadu, the government has decided to built 7.66 lakh
house lavatories and public toilets during 2016-17. It will be done
under the guidance of 'Swach Bharat Mission.'
It has been decided to built 10 lakh houses in the next five years as mentioned in the election manifesto
A sum of Rs. 800 crore has been allotted to improve the Chennai Corporation.
Under the MGNREGA scheme, Tamil Nadu got the 'best implementation' award in 2015-16.
The MGNREGA scheme is running smoothly in the State.
It has been decided to give free sarees and dhotis to householders during Pongal 2017
A scheme will be implemented for unemployed youths.
It has been decided to host an Investors Forum in the year 2017.
It has been decided to give laptops to over 5 lakh students.
It has been decided to revamp old temples in villages and towns.
The government has decided to improve tourist spots.
It has been decided to buy 2000 new buses.
By giving 100 units free to householders, the government is losing about Rs. 1,607 crores.,
A sum of Rs. 13,800 crore has been allotted for the energy sector with the emphasis on solar power.
It has been decided to enhance the 'annadanam' scheme in temples to another 30.
In the next five years, the energy sector will enhance its productivity.
It has been decided to issue smart card for every householder by this year-end
Local body elections will be held in October.
Houses will be built for the homeless
By this year end, the metro rail in Chennai will run underground
A sum of Rs. 520 crore will be spent for building bridges in Salem.
A sum of Rs. 300 crore will be spent in the next one year for maintainance of roads
It has been decided to allott Rs. 2,700 crore to maintain Highways
It was indeed a landmark decision to increase the Mullaperiyar dam to 142 feet.
It has been decided to desilt the Vaigai and Noyyal rivers at a cost of Rs. 24,586 crore.
A sum of Rs. 445.19 crore allotted for flood prevention and water sources
It has been decided to improve 427 km of roads.
By this year end, the govt. will make way for smart cards.
It has been decided to speed up the process of increasing the water level
Short-term, mid-term farmer loans to be waived off.
It has been decided to form a Lokayukta
For the Forest Department, the govt. has allotted Rs. 652.78 crore.
Farming for fisheries will be increased in Thoothukudi, Kanyakumari and Thiruvallur districts
It has been decided to give 1000 scooters for physically handicapped who have lost both their legs
Compensation during the fishing ban will be increased
Gold scheme for 'thaali' for women
Revenue Deficit has been revised to Rs. 15,854.47 crore for FY2016-17.
Fiscal Deficit is estimated at Rs.40,533.84 crore.
Total Revenue Receipts is estimated at Rs. 1,48,175.09 crore. State's own tax revenue is Rs. 86,537.70 crore.
TASMAC revenue is pegged at Rs. 6636.38 crore.
Rs.2,000 crores allocatted for the 'Tamil Nadu Infrastructure Development Fund'.
A sum of Rs. 100 crore allocatted for the 'Project Preparation Fund.'
In a landmark initiative, for the first time in the country, the State
has promoted the Tamil Nadu Infrastructure Fund as an Alternative
Investment Fund Category I through TNIFMC. It has been registered by the
SEBI.
Outstanding short-term crop loans, medium-term (agriculture) and
long-term (farm sector) loans issued to small and marginal farmers as on
March 31, 2016 will be waived off.
The tentative principal and interest outstanding has been assessed at
Rs. 5,780.92 crore. It will be compensated with interest by the
government to cooperatives in five years.
A new scheme for dry land farming will be launched, focusing on improving the production of millets, pulses and oil seeds.
A special sel-sufficiency Pulse Production Programme will be launched
this year for promoting cultivation of green gram, black gram and red
gram.
Tamil Nadu's forest cover is highest among the States.
Teak and other plantations will be raised on the canal banks, padugai
lands and other lands outside forest area. A sum of Rs. 52.64 crore
alloted for this purpose for a period of five years
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