The Tamil Nadu Finance Minister Palanivel Thiaga Rajan, in his speech at the Assembly on Friday, March 18, said that the State government will file a report on the actions taken based on the recommendations made by the Sixth State Finance Commission.
The minister also said that Chief Minister MK Stalin has requested the Centre for a two-year extension of the GST compensation period, which ends in June 2022.
Here is a list of issues the Finance Minister Palanivel Thiaga Rajan touched upon in his speech at the TN Assembly:
HIGHER EDUCATION DEPT
A total of Rs 5,668.89 crore will be allotted to the higher education department. Knowledge cities will be created. This will have various international university campuses. Rs 1,547 crore has been set aside for the CM’s comprehensive insurance scheme.
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The Tamil Nadu government will take up weather forecasting. The finance minister has allocated Rs 10 crore towards this.
Due to the Covid-19 pandemic, schools were closed for the last two years and students have been affected. So, Rs 200 crore is being set aside for the ‘Illam thedi kalvi thitam” (education at doorsteps).
To keep a check on false social media propaganda, a special social media hub will be created within the TN police with a budget of Rs 10,285 crore.
Rs 1,000 crore has been issued for waiving off gold loans below 5 sovereign in cooperative societies. Rs 3,384 crore has been set aside for water management in Tamil Nadu. Rs 4,216 crore has been set aside for implementing old-age pension and other social security schemes.
To protect water bodies and also retrieve government land, an amount of Rs 50 crore has been set aside by the TN government. A new sports complex will be set up in Chennai at a cost of Rs 10 crore.
Rs 25 crore has been allocated for the Tamil Nadu Olympic gold medal search program.
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MODERNISED EDUCATION DEPT
The School Education department has been allocated Rs 36,795.89 crore. To modernise government schools in the next 5 years, 18,000 new classrooms will be built.
Smart classes and high-tech computer labs will be created based on the student intake. An amount of Rs 7,000 crore will be allocated for this.
Over the next 5 years, the public schools in the state will be modernised under the ‘Perasiriyar Anbazhagan’ school upgradation project.
The project will be implemented in the next five years at a cost of Rs 7,000 crore. Each year, Rs 1,300 crore will be disburded.
The TN government will help students who have returned from Ukraine to continue their education in India or abroad, said the finance minister.
Rs 17, 901 crore has been allocated to the Health and Public welfare department.
For Rabi crop cultivation, 4,966 km of canals will be made properly at a cost of Rs 80 crore in 10 districts to improve the cultivation of crops.
Rs 500 crore has been set aside for Singara Chennai 2.0 project. Rs 135 crore has been set aside to convert the East Coast Roads into a 6-lane road. A total of Rs 1,949 crore has also been set aside for the MGR nutritious meal program.
Rs 300 crore has been allocated for reconstruction and protection of dams.
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