homeeconomy NewsDMK govt presents '7 grand Tamil dream' Budget for 2024 25 — Key highlights

DMK govt presents '7 grand Tamil dream' Budget for 2024-25 — Key highlights

The Tamil Nadu government has announced 'Thozhi Viduthigal' new hostels for working women, allots ₹26 crore. Another ₹13,720 crore allocated for Kalaignar Women Rights Scheme, the ₹1,000 per month assistance plan for women.

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By CNBCTV18.com Feb 19, 2024 12:06:04 PM IST (Published)

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The Tamil Nadu government on Monday, February 19, presented its budget premising the exercise on the "7 grand Tamil dream," which included social justice and women's welfare at the core.

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Finance Minister Thangam Thennarasu presented the budget and made a slew of announcements. This included the "Kalaignarin Kanavu Illam," a housing scheme named after the late DMK patriarch and former Chief Minister M Karunanidhi.
The Minister said that the state has made very significant progress in poverty reduction through its welfare schemes. "Tamil Nadu government committed to bring out of poverty, about 5 lakh very poor families in two years. NITI Aayog has said that the people below poverty line in Tamil Nadu is only about 2.2%," Thennarasu said.
Here are the key highlights:
  • The DMK government announces forming 10,000 new women SHGs, credit linkages, outlines ₹35,000 crore allocated.
  • Tamil Nadu government announces 'Thozhi Viduthigal' new hostels for working women, allots ₹26 crore.
  • ₹13,720 crore allocated for Kalaignar Women Rights Scheme, the ₹1,000 per month assistance plan for women.
  • ₹1,000 crore allocated for North Chennai Development scheme
  • ₹1,500 crore allocated for the Adyar River restoration initiative.
  • ₹1,000 crore allocated for the development of rural roads.
  • The state government extends the breakfast scheme for children to government-aided schools in rural areas, Rs 600 crore allocated.=
  • ₹5 crore allocated for archaeological excavations in 8 places including areas in states like Kerala with Tamil links.
  • The state government announces coaching plan in budget for 1,000 aspirants for SSC, railway and bank exams in Chennai, Coimbatore, Madurai
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