What are the highlights of TN Budget?

The Tamilnadu Budget for 2019-2020 was tabled by Finance Minister O Pannerselvam today. Panneerselvam said 5,000 Integrated Farming System units will be assisted in 25 districts at an outlay of Rs 101.62 crore. Panneerselvam said cloud burst and natural fire will also be included under localised calamities in addition to hail storm, landslide, inundation, etc. An allocation of Rs 621.59 crore has been provided in the budget for this.

He announced that a new frozen semen station with high pedigree country and cross bred bulls will be established at an estimated cost of Rs 100 crore. For the benefit of the fishermen, Panneerselvam said, the government will distribute 240 units of Navic, 160 units of Isat-2 satellite phones and 160 units of Navtex instruments to 80 clusters of deep sea fishing boats.

Panneerselvam announced that a government arts and science college will come up at Rameswaram which will be named after former President A P J Abdul Kalam. The Deputy Chief Minister said TANGEDCO will be establishing floating solar power projects in the districts of Theni, Salem and Erode with a capacity of 250 MW at an estimated cost of Rs 1,125 crore.