MR. R. GANAPATHI, PRESIDENT, SICCI ON THE TAMIL NADU BUDGET 2019
SICCI compliments the Growth Oriented Budget presented by the Hon’ble Deputy Chief Minister and finance minister, Thiru. O Panneerselvam presented the state budget for 2019-2020 today in the Legislative Assembly.
We welcome Government for maintaining the fiscal deficit within 3% of GSDP and projected 2.39% in 2020-2021 and 2.25% in 2021-2022 which implies the status of Tamil Nadu as a fiscally disciplined state. Hon’ble Finance Minister has allocated funds for key areas of economic growth from agriculture, animal husbandry, infrastructure, urban housing, MSME, industry and IT.
Over Rs.10,000/- crores has been allocated for agricultural growth for various activities including water for micro irrigation, solar power pumps for farmers upto 10HP capacity etc., The anno...