In the TN budget, the price of petrol will be reduced by Rs.3 per litre

TN Budget

In the first budget of MK Stalin's government, the state government declared a big relief by lowering the petrol price by Rs.3 per litre, resulting in a deficit of 1,160 crores per year for the DMK government.

"Two-wheelers are used by 2.6 cores of people in Tamil Nadu. The Tamil Nadu government has decreased the price of gasoline by Rs.3. As a result of this, the government will have a deficit of 1,160 crores "Palanivel Thiagarajan, the finance minister, stated. This is considered a masterstroke by Stalin at a time when the cost of fuel is burning a hole in the pockets of the country's middle class.

Another key area that received a large budget allocation of 500 crores was climate change. The promise of a monthly stipend of Rs.1,000 made by Stalin in a poll was also taken into consideration.

Here are the top highlights of Stalin's first budget

  • The price of gasoline in the state will drop by Rs.3 per litre.
  • Approximately 703 crores have been allocated as a subsidy for free bus travel for women.
  • The Chief Minister's Insurance Scheme, which will cost Rs.1,046 crore, will be launched this year.
  • Three new flyovers will be built in Chennai. Efforts will be made to keep Chennai free of posters.
  • Maternity leave has been expanded from 9 to 12 months.
  • Phase 2 of the Chennai Metro Rail will be finished in 2025.
  • More than Rs. 3,800 crore has been set aside for rural housing.
  • For the fiscal year 2021-22, a total of Rs. 1,725 crore has been set aside for the MGR lunch scheme.
  • The DMK's maiden budget after taking office in May was also the first paperless budget in Tamil Nadu's history.



 

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