Editorial News

TN Budget 2020 highlights: CCTV cameras to be fitted in all buses

Rs. 8,876.57 crore has been allocated for the Police department
Rs. 1,229.85 crore for Fisheries sector
Rs. 11,894.48 crore allocated for Agriculture department
Rs. 74.08 crore allocated for Tamil Development Department
Rs. 31.93 crore allocated for Department of Archaeology
Rs. 4315.21 crore allocated for social security pension
Rs. 250 crore for Accident cum Life Insurance scheme for BPL families
Rs. 1360.11 crore for Disaster Management
Rs. 405.68 crore for Fire and Rescue Service Department
Rs. 392.74 crore for Prison Department
Rs. 1,200 crore provided in the budget estimates for establishing 11 new medical colleges already announced
CCTV cameras to be fitted in all buses at an estimated cost Rs. 75.02 crore under the Nirbhaya Fund.
Rs. 3,100 crore allocated for Chennai Metro Rail project as share capital assistance, subordinate debt and pass-through loan assistance.
Rs. 38,181.73 crore allocated for School Education Department, Rs. 5,052.84 crore for Higher Education
Rs. 6,500 crores allocation for food subsidy.Inputs: TOI, The Hindu, The New Indian Express
Rs. 400 crores for co-operative societies enhance the public distribution system.
Revised rice cultivation will be extended to 27. 18 lakh acres of land.
Education expenditure for the coming year 2020-2021 is Rs. 34,181 crores, which are 5,423.38 crores more than the last year 2019-2020, which was at 28,757.62 crores.
The expenditure for higher education for the coming year will be at Rs. 5,050.84 crores against last year’s Rs. 4,584.21, which is an increase of Rs. 466.63 crores.
Revenue for the year is Rs. 2,19,375 crores versus the expenditure of Rs. 2,41,601 crores were resulting in a deficit of Rs. 22,226 crores.
Tamil Nadu’s financial growth ratio will be better than the national level and estimated to be at 7.27%.
Though the GDP of India has come down to 5 % now, Tamil Nadu is doing better.
New types of crops that yield more will be introduced this year.

The last year’s debt was Rs. 3,97,495,96 crores. Today’s budget estimates the coming year debt at Rs. 4,56,660,00 crores.

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