Tamil Nadu budget: Rs 49,000 cr revenue deficit, fiscal deficit up
The Tamil Nadu government presents its 2024-25 budget with a revenue deficit of over Rs 49,000 crore. Finance Minister Thangam Thennarasu focuses on the '7 grand Tamil dream,' emphasizing social justice and women's welfare. Despite challenges, the budget allocates funds for housing, education, and infrastructure. NITI Aayog reports only 2.2% below the poverty line in Tamil Nadu.