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Tamil Nadu Budget 2016-17



Speech of Thiru O. Panneerselvam, Hon’ble Minister
for Finance and Public Works, Government of
Tamil Nadu, presenting the Interim Budget for the
year 2016-2017 to the Legislative Assembly on
16th February, 2016.


Hon’ble Speaker Sir,

People regard the Ruler as God
For just rule and guard
The ruler, who administers justice and protects
citizens, will be regarded as God. These are the
wise words of Thiruvalluvar, the divine poet. True to
these words of Saint Thiruvalluvar, the Hon’ble
Chief Minister Puratchi Thalaivi J Jayalalithaa, who
has showered affection on the people of Tamil Nadu and
has, in the firm conviction that “I am because of you
and I am for you”, toiled tirelessly to uplift their lives
and enhance their prosperity, is adored by the people as
their incomparable leader in whom they have reposed
their faith, as the saviour of the poor, as the embodiment
of people’s power who can never be vanquished by her
opponents, and as a deity in human form. I am fortunate
to have served the State as Finance Minister under her
dynamic leadership and to have presented five successful
Budgets in this august House under her visionary
guidance. I am ever grateful to her for bestowing upon
me such a great honour. With her blessings, I rise to
present the Interim Budget Estimates for 2016-2017
before this august House.

3. Led by our Hon’ble Chief Minister, this
Government not only fulfilled the electoral promises but
went much beyond them and made our State one of the
best administered States in the Country. To mention a
few such achievements;

• Free rice to all cardholders to ensure food security
to all.

• Milch cows, goats / sheep to the poor free of cost.

• Fan, Mixie and Grinder to all rice cardholders free
of cost.

• Laptop computers to school and college going
students in Government and Government aided
institutions.

• Doubling of the social security pension from Rs.500
to Rs.1,000 per month.

• Doubling of the marriage assistance to poor girls
besides giving gold for Thali.

• Doubling of the maternity benefit under the
Dr. Muthulakshmi Reddy Maternity Benefit Scheme.

• Comprehensive health cover to the common
people, Government employees and pensioners
through well designed health insurance schemes.

• Substantially increasing the food allowance to
hostel students.

• Extending Post-matric scholarship to SC/ST
students studying in private colleges.

• Four sets of uniform to school children besides
giving them all learning kits including free
notebooks, bags, etc.

• Three lakh green houses to the rural poor, 10,000
such houses to weavers and 20,000 green houses
to houseless families in Town Panchayats.

• The innovative New Entrepreneurship-cum-
Enterprise Development Scheme (NEEDS) for first
generation entrepreneurs.

• The State Balanced Growth Fund for bridging the
intra-State socio-economic gap.

• The unique and pioneering Tamil Nadu Habitation
Improvement (THAI) scheme for providing
amenities to village habitations.

• Mega schemes, like the Chennai Mega City
Development Mission (CMCDM) and the Integrated
Urban Development Mission (IUDM) for urban
infrastructure development.

• Transforming Tamil Nadu from a power deficit to
power surplus State and

• The successful first ever Global Investors’ Meet in
Tamil Nadu.

4. Although I can go on listing such schemes,
I have to restrain myself for paucity of time. Now, I turn
to the detailed presentation of the Interim Budget
Estimates 2016-2017. This being an Interim Budget, no
new announcement has been included here following the
usual convention.

Click for full Budget

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