Tamil Nadu Budget 2018 Highlights - TNPSC GURU - TNPSC Group 2A Results, cut offMark - TNPSC

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Tuesday, March 20

Tamil Nadu Budget 2018 Highlights

 TNPSC Current Affairs - March 2018 by TNPSC Guru



Tamil Nadu Deputy Chief Minister O Panneerselvam presented 2018-19 budget in Tamil Nadu State Assembly.
This is the first budget of Tamil Nadu after implementing GST.

Key highlights of Budget.
  • Total Revenue receipts estimated at Rs 1,76,251 crore including Central Transfers in period 2018-19.
  • TN state own tax revenue is estimated at Rs 98,963 crore which expect to grow at rs 1,12,616 crore.
  • Revenue Expenditure is estimated ar Rs 1,93,742 crore in 2018-19.
  • Fiscal Deficit of Gross State Domestic product (GSDP) is estimated at 2.79% in 2018-19.
  • GSDP growth rate is 8.03 % in  2017-18.
  • There was a flood management plan has been prepared and submitted to Central Government for North and South Chennai at an estimate of Rs 2,055 crore.
  • Allocation of Rs 786 crore to State Disaster Response fund.

             

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