TN budget addresses needs of various segments: CII

O Pannerselvam

O Pannerselvam

Chennai: The Tamil Nadu government will introduce in this Assembly session a bill on Aadhaar numbers as well as the Tamil Nadu Makkal portal to benefit the people, Deputy Chief Minister O. Panneerselvam said on Thursday.

Targeting the state government on the Cauvery river water issue, opposition parties led by DMK, however, staged a walkout from the Assembly on the opening day of the house. Congress and IUML MLAs followed suit.

However, the government went ahead with its budget presentation.

Panneerselvam on presented the budget for the year 2018-19 that projected a revenue deficit of Rs 17,491 crore and a fiscal deficit of Rs 44,481 crore.

Betting on the investments made in the primary sector and measures for attracting investments, Panneerselvam said such measures could drive the economic growth to "surpass nine per cent" in the current fiscal despite challenges.

He said the economy would pick up in the next fiscal and the signals are there in the growth of the gross state domestic product (GSDP).

March Madness 2018: How many brackets are still flawless after Day 1?
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Raising questions on the budget which was presented by deputy Chief Minister O Panneerselvam, who handles the finance portfolio, Haasan pointed at the "unfulfilled promises" and said that it had nothing for farmers, weavers and fishermen.

In the budget estimates, Rs 7,877.58 crore has been allocated for the police department and Rs 347.59 crore for the Fire and Rescue Services department and Rs 306.80 crore for the prisons.

Youth Welfare & Sports has received Rs 191.18 crore allocation, while it has been proposed to expand State Highway of 54 km and district Highway of 34 km at a cost of Rs 80 crore.

Mr Panneerselvam announced that their government has ensured the state's progress in various sectors in the last 50 years and added that certain critics with "myopic vision" were indulging in "fallacious propaganda" against the Dravidian rule.

This would also be the first Budget since the implementation of the GST.

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