Tamil Nadu Budget 2020

  • Deputy Chief Minister and State Finance Minister presented the State Budget in the Assembly for the 10th time on February 14. Tamil Nadu’s economic growth for 2019-20 is projected to be 7.27%, a fall from 8.17% in 2018-19 due to global and national economic headwinds.

Highlights of Tamil Nadu Budget 2020 – 21

  • Food parks proposed to be established in Dharmapuri, Ariyalur, Perambalur, Karur, Nagapattinam, Ramanathapuram, Tenkasi districts at a cost of Rs 70 crore.
  • The government has decided to form a ‘not-for-profit’ Special Purpose Vehicle to finance and manage the Amma Unavagam programme.
  • Eco-restoration of the Buckingham Canal, its drains and all the drains of the Cooum and Adyar at a total cost of Rs.5,439.76 crore to be taken up
  • Rs38,181.73 crore allocated for School Education Department, Rs5,052.84 crore for Higher Education.
  • Stamp duty tax has been reduced to 0.25 per cent from the earlier 1 per cent.
  • Fisheries department – To improve communication for fishermen more mechanised boats to be fitted with transponders.

Tamil Nadu Budget 2020 – 21

SectorAllocated Amount
Higher Education5,052.84 crore
Electricity Department20,115.58 crore
For establishing 11 new medical colleges1,200 crore
Health Sector15,863 crore
Department of Tamil Development74.08 crore
Archeology Department31.93 crore
Department of Transport2716.26 crore
Disaster management1360 crore
Department of Prison392 crore
Department of Energy20,115.58 crore
Department of Highways15,850 crore
For rural local bodies5306.95 crore
For Crop Insurance11,000 crore
Department of Agriculture11,894 crore
For Amruth Project1450 crore
Department of Municipal Administration and Water Supply18,540
Nirbhaya Project71 crore
For Food subsidy6,500 crore
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