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Story summary
- Tamil Nadu Chief Minister C. Joseph Vijay announced a INR79,219.06 crore budget package.
- The package earmarks INR55,628 crore for power upgrades, including a INR20,800 crore Thoothukudi plant.
- Infrastructure spending totals INR57,703 crore, covering a INR1,200 crore Assembly-Secretariat complex and Olympic/MotorSports cities.
- Recurring welfare outlays exceed INR8,500 crore annually, such as a INR4,000 crore free LPG scheme.
- Finance Minister N. Marie Wilson said Tamil Nadu will borrow INR1,73,445 crore this fiscal year.