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Borrowings by Tamil Nadu govt well within limits, says state's Finance Secy S Krishnan


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Borrowings by the TN govt were well within limits prescribed by the Finance Commission, state Finance Secretary S Krishnan said on Tuesday.
He also said that Tamil Nadu s share of taxes on petroleum products has fallen since the introduction of cess by the Centre.
Chennai: Borrowings by the Tamil Nadu government were well within limits prescribed by the Finance Commission, state Finance Secretary S Krishnan said on Tuesday.
Addressing the post-budget press conference, he also said Tamil Nadu s share of taxes on petroleum products has fallen since the introduction of cess by the Centre.
Amid Opposition criticism of the state s overall estimated debt of Rs 5.70 lakh crore with the government intending to borrow Rs 84,686 crore, the official said it was within the 15th Finance Commission limits, unlike some states which have raised more funds breaching the ceiling. ....

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Tamil Nadu Interim Budget highlights: Computer Science to be taught from Standard 6


Rs 7,217 crore allocated for fisheries in Tamil Nadu Interim budget
Computer Science subject will be taught to Students from 6th to 10th standard, says O Paneerselvam
Tamil Nadu Finance Minister allocates Rs 9,567 crore for the police department in his interim budget
Tamil Nadu government to procure 12,000 new buses
The number of fire stations at Sivakasi, the fireworks hub of India will be increased
 
Increase in spending for health
Owing to COVID-19 pandemic and an increase in spending for health and relief, the total revenue deficit in 2020-21 is estimated to be Rs. 65,994.05 crore, a substantial increase from Rs. 21,617.64 crore projected in the Budget Estimates 20-21, Mr. Panneerselvam says. ....

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