TN Fin Min presents Final Supplementary Estimates
21-Mar-2025 03:40 PM 5333
Chennai, Mar 21 (Reporter) Tamil Nadu Minister for Finance and Environment and Climate Change Thangam Thenarasu presented the Final Supplementary Estimates for the year 2024-25 to the Legislative Assembly on Friday. He placed the detailed statement containing the Demand for Supplementary Grants on the table of this august House. The Supplementary Estimates placed before the House are for an amount of Rs.19,287.44 crore, of which a sum of Rs.12,639.36 crore is in the Revenue Account, Rs.6,429.20 crore is in the Capital Account and Rs.218.88 crore is in the Loan Account. He said the Supplementary Estimates are being presented to obtain the approval of the Legislature for expenditure on items mainly constituting 'New Service' and 'New Instrument of Service', which were sanctioned after the First Supplementary Estimates 2024-2025 presented on December 9, 2024. In the Supplementary Estimates, few of the major items for which additional appropriation is required included Rs.2,000 crore provided as Share Capital assistance to Tamil Nadu Civil Supplies Corporation to enhance its financial sustainability and to improve its infrastructure. For Rural Development and Panchayat Raj Department a sum of Rs.1,400 crore provided as additional allocation for the construction of houses under the scheme of ‘Kalaignarin Kanavu Illam’ (Former CM M Karunanidhi dream home), Rs.1,036 crore provided for arrears of Electricity dues to Power Utilities, Rs.1,000 crore as additional allocation to the State Transport Undertakings for purchase of buses, Rs.901.84 crore towards “Relief on Account of Natural Calamities”, for various mitigation activities in connection with Cyclone Fengal and heavy rainfall during the Northeast Monsoon 2024 and Southwest Monsoon 2024, he said...////...
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