Your daily fintech and banking briefing.
Today: Jun 13, 2024

Stay tuned for Tamil Nadu Budget 2024 with Thangam Thennarasu

1 min read


Tamil Nadu Budget Highlights


Here are some of the key takeaways from the Tamil Nadu Budget 2024 presented by Finance Minister Thangam Thennarasu:

  • Allocation of ₹440 crore for youth welfare and sports development
  • Creation of Olympic academies in the state

Finance Minister Thangam Thennarasu presented the State Budget for 2024-25 on February 19, focusing on various sectors and schemes to drive growth and development in Tamil Nadu.

Key highlights from the budget include:

  • ₹500 crore set aside for the ‘Singara Chennai 2.0’ scheme
  • ₹946 crore allocated for improving drinking water and sewage disposal in North Chennai
  • ₹243 crore for the Makkalai Thedi Maruthuvam scheme
  • Allocation of ₹20,198 crore for health and family welfare
  • ₹1,000 crore for developing school infrastructure
  • Creation of 15,000 skill labs in schools at a cost of ₹300 crore
  • ₹200 crore for the second phase of the Illam Thedi Kalvi scheme

Furthermore, the budget includes provisions for funding AI projects, translation of Tamil epics into multiple languages, and initiatives for the welfare of marginalized communities like transgender individuals.

Overall, the Tamil Nadu Budget 2024 aims to address key areas of development and growth while also emphasizing social welfare and infrastructure enhancement.