Chennai: Four days after advocating for the “Ona-Ina” reform leap to attract Tamil Nadu from the fiscal gap, finance minister Palanivel Thiama Rajan on Friday tried to take the steps of the baby to the promised land.
“The revised budget for 2021-22 will only have an impact on the remaining six months of this financial year.
The magnitude of the second wave of Covid over the past few months and its health and the consequences increasingly limit the flexibility of the government in what has become a dangerous fiscal position,” Ptr said.
Populism is limited to two decisions – reduce gasoline prices by rs 3 per liter (against RS 5 promised), which will cost Rs 1.160 Crore, and neglect of RS 2,756 Crore loans for Swordadormal groups taken from cooperatives taken from the cooperative Credit community.
He uses plants loans and relief loans from the Aidmk government quoting irregularities.
This can produce a savings of 10,000 crore Rs.
“The lack of adequate recipient data is a basic limit in the ability of our government to efficiently implement a welfare scheme to improve social and economic justice,” said the Minister of Finance, while emphasizing the governance centered on targeted data.
For the industry, there are tax forgiveness schemes, plans for land banks in the district backwards, and a dedicated Fintech Park in Chennai, initially proposed by M St Stalin when he was a representative of CM.
In addition, there will be three other tidel parks and some Sipcot plantations and food gardens.
Thiaga Rajan did not impose new levies that quoted a pandemic.
“Given that the economy has just recovered from the impact of the wave of Covid-19 pandemic, the time is immature for fiscal consolidation,” he said, while letting “revenue deficit” rise to RS 58,692 Crore from “” an unrealistic interim budget estimate of the Crore RS 41,417.
While blaming an increase in revenue deficit on “extraordinary time”, he emphasized the government’s commitment to fiscal jet and consolidation in the coming years, as shown in white paper.
Urban Poor will get a workshop scheme, even though the details haven’t spelled.
The budget promises drinking water to 1.2 crore households and to make the country free of accidents in 10 years.
Overall income expenditure is estimated to be slightly more than Rs 2.61 Lakh Crore in the revised budget estimate, while the total estimate of revenue revenues has seen the downward revision to Rs 2.02 lakh Crore in the revised budget estimation against Rs 2.19 lakh crore on the budget temporary.