Home / Budget / TN Budget 2017 / TN Budget 2017 – Updates!!!

TN Budget 2017 – Updates!!!

TN Budget 2017 – Updates!!!

TamilNadu Budget 2017

  • Around Rs. 99,590 Crore expected through revenue from taxation
  • No tax benefits announced due to the impending GST
  • No new tax imposed
  • Count of two wheelers for physically challenged increased to 2,000
  • High Tech walking sticks for 10,000 physically challenged people
  • Disability pension raised from Rs. 1,000 to Rs. 2,000
  • Rental apartments will be constructed for workers from other states
  • Rs. 1,010 Crore allocated for Labour Welfare
  • Rs. 10 Crore for sanitary napkin provision scheme
  • Rs. 200 Crore allocated for women to purchase scooter at a subsidised rate.
  • Rs. 3,860 Crore allocated for higher studies department
  • Rs. 1,503 allocated for students free schemes
  • Rs. 758 Crore allocated for free laptops scheme.
  • 150 Middle schools will be made as High schools
  • 100 High schools will be made as Higher secondary schools
  • Fund for Maternity assistance scheme raised from Rs. 12,000 to Rs. 18,000
  • Rs. 10,158 Crore for Public health and family welfare
  • Rs. 1,348 Crore allocated for Chief Minister Insurance scheme
  • Medical shops for low cost generic medicines will be setup.
  • Rs. 22,394 crore allocated to government employees/pensioners welfare fund
  • Rs. 1,161 Crore allocated to Animal husbandry department
  • Anna Daanam scheme initiated by Jayalalithaa will be continued in 265 temples in Tamil Nadu
  • Rs. 1 lakh is allocated per temple to renovate 1,000 rural area temples
  • Rs. 420 Crore allocated to Green housing project to build 20,000 houses
  • Medical seats increased from 1,188 to 1,362
  • A total of Rs. 2,088 Crore allocated for Industrial department
  • Rs. 116 Crore allocated for IT growth
  • 100 units of free electricity will be continued.
  • 3 new metro route for a distance of 107.5 Km
  • Rs. 160 crore allotted to widen state Highways
  • Rs. 2,192 Crore allocated to Transport department
  • Rs. 600 Crore allocated for Urban Swach Bharat Mission
  • Medical Park at Rs. 130 Crore in Kanchipuram
  • More than 500 job vacancies in e-service centres
  • 10 new Taluk office along with residence will be established
  • Rs. 272 Crore allocated to eradicate urban poverty
  • New Electronic items production unit in Sriperumbudur
  • Software export will reach Rs. 1,00,300 Crore
  • New IT Park in Shollinganallur
  • Rs. 3,156 Crore for road infrastructure maintenance
  • Rs.100 Crore allocated for Highways safety fund
  • Rs. 3,042 Crore loan from World Bank for conservation of various water bodies
  • Rs. 984 Crore for Law administration
  • Rs. 253 Crore for Fire department
  • Rs. 49.91 Crore for modernisation of police department
  • Rs. 450 Crore is allocated for Police department housing project
  • Rs. 30 Crore for construction of 49 police stations
  • Rs. 1,483 Crore for Police department and Rs. 282 Crore for prisons department
  • 10,500 personnel will be recruited in special police youth division
  • Rs. 988 Crore allocated to backward community welfare fund
  • Rs. 4,781 Crore allocated for social welfare department
  • Rs. 165 Crore allocated for youth welfare
  • Fellowships will be continued for youngsters without job
  • Museum to represent Tamil culture and tradition will be established.
  • Rs. 48 Crore allocated for growth of Tamil
  • Supply of dhall at subsidised rate will continue in ration stores
  • Rs. 5,500 Crore allocated for food subsidy
  • Amma hotels and pharmacies will continue its operations
  • Rs. 116 Crore for Refugee welfare fund (Sri Lankan refugees)
  • Rs. 1,500 Crore for 7 fishing ports
  • Rs. 768 Crore allocated to Fisheries department
  • Mookaiyur in Ramanathapuram district will get new fishing harbour
  • 5,000 homes will be constructed for fishermen
  • Diesel subsidy for fishermen raised from 15,000 to 18,000 litres
  • Fishing ban compensation increased to Rs. 5,000
  • 200 Aavin parlours to be setup in colleges and universities
  • Rs. 40 Crore Aavin milk production unit at Madurai, for production of flavoured milk
  • Revenue from tax has a drop of Rs. 3,000 Crore this year
  • Higher education department will get Rs. 3,680 Crore
  • Rs. 26,932 Crore for school education department.
  • Food allowance for school students staying in hostel raised from Rs. 755 to Rs. 900
  • Food allowance for college students staying in hostel raised from Rs. 875 to Rs. 1,000
  • Rs. 194 Crore allocated to Handloom and Khadi department
  • Commercial taxes revenue in next fiscal would be Rs 77,234 crore
  • Fiscal deficit will be 2.79%
  • Debt of Tamil Nadu government Rs.3.14 Lakh Crore
  • Total revenue Rs.1,59,362 Crore
  • Fiscal deficit Rs.41,977 Crore
  • Economical Growth expected to be at 9%
  • Rs. 100 Crore allocated for Tamirabarani-Nambiyaaru river linking project
  • Rs. 250 Crore allocated for Avinasi-Athikadhavu project
  • Rs. 25 Crore for poultry development
  • Rs. 182 Crore allocated for providing free cattles
  • 6 Lakh goats / sheeps will be provided
  • 12,000 milch cows will be provided
  • Rs. 134.26 Crore for Co-operative sugar plants
  • Rs. 1,000 Crore for 100 day employment scheme in rural areas
  • Rs. 522 Crore allocated Crop insurance grant scheme
  • Additional 500 centres to rent out agricultural equipments
  • Training for sugarcane cultivation under drip water irrigation
  • Target of 100 Lakh metric tonne in production of food crops
  • Relief fund under Farmers protection scheme raised to Rs. 20,000
  • Rs. 7,000 Crore crop loan for farmer

Check Also

Attractive interest rate for fixed deposits! Small finance banks offer best returns for your investment

Rs 246 Crore cash deposit in Tamil Nadu

After the demonetization that was announced on November 8, 2016 it has come to the …

Leave a Reply

Your email address will not be published. Required fields are marked *