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March 19, 2010

Tamilnadu Budget 2010-2011 highlights – TN state Budget 2010 live

Filed under: Business — Tags: — admin @ 6:13 am

Today Tamil Nadu Finance Minister K. Anbazhagan has presented the state budget for 2010-2011. Well overall, this budget has brought no extra burden for a common man of Tamil nadu.

The highlights of this budget is no new taxes, reduced tax rates on many items and has announced the creation of a separate department for the differently abled people.

He said in the assembly while presenting budget about the total revenue. The total revenue receipts of the government for 2010-11 are estimated at Rs.63,091.74 crore and the total revenue expenditure is estimated at Rs.66,488.19 crore. Accordingly, the revenue deficit is estimated at Rs.3,396.45 crore.

Well he also said that main deficit was caused due to the implementation of Sixth pay commission. He also announced many welfare measure for Agriculture and Co-operation, Animal Husbandry,
Irrigation and Flood control, Price Rise and Public Distribution System,
State Autonomy, Sethusamudram Project, Welfare of Sri Lankan Tamils, Law and Order, Courts, School Education, Higher Education, Health and Family Welfare, Electricity, Industries, Small Industries, Information Technology, Development of Roads, Transport, Housing, Municipal Administration, Drinking Water,Rural Development, Welfare of Women
Welfare of Children and several other issues.

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