The State Budget for 2020-21 will be presented in the Legislative Assembly at 10 am on February 14. Deputy Chief Minister O Panneerselvam, who holds the Finance portfolio, will present the Budget in the House.
Assembly Secretary K Srinivasan said in an official communication that the Governor has fixed February 14 as the date on which the Budget is to be presented in the House.
The official communication in this regard has been sent to the Council of Ministers and all the MLAs, he added. Panneerselvam, who holds the finance portfolio, will present the last full budget of the AIADMK regime for the year 2020-2021 in TN Assembly tomorrow.
The budget is expected to feature a ‘populist scheme’. The expectation is based on the ground that the State government is to receive a revenue deficit grant of ₹4,025 crore and net an additional non-tax revenue of ₹2,600 crore during 2020-21.
Chief Minister Edappadi K Palaniswami and Panneerselvam have been paying special attention to the preparation of the budget. Special sops for farmers, new schemes for agriculture, MSME sector and employment creation etc., are likely to be the highlights of this budget.
Recently, several crucial issues were discussed during the two hour long cabinet meeting chaired by Palaniswami at the Secretariat. It may be noted that this is the second cabinet meeting of this year.
Sources said that the measures taken to tackle coronavirus was the major focus during the meeting. Apart from this, there were discussions about the preparation of the Budget.