Govt allocates Rs 3,795 crore for welfare measures in TN

Minister for Finance and Human Resources Management Palanivel Thiaga Rajan presented the first supplementary estimates for 2022-2023 in the Winter Session of the Assembly on Tuesday.

Published: 19th October 2022 05:59 AM  |   Last Updated: 19th October 2022 05:59 AM   |  A+A A-

Palanivel Thiaga Rajan

Palanivel Thiaga Rajan

By Express News Service

CHENNAI: Minister for Finance and Human Resources Management Palanivel Thiaga Rajan presented the first supplementary estimates for 2022-2023 in the Winter Session of the Assembly on Tuesday. He allocated Rs 3,795.72 crore for various welfare measures, including Rs 373.50 crore for the Greater Chennai Corporation (GCC) under the State disaster mitigation fund.

Some of the important allocations are Rs 500 crore sanctioned as share capital assistance to State transport undertakings to create assets in the transport sector. Likewise, the State government proposed to sanction Rs 550 crore as the first instalment to Tamil Nadu Urban Finance and Infrastructure Development Corporation Limited (TUFIDCO).

Besides, Rs 373.50 crore has been allocated to GCC under the State disaster mitigation fund for flood-mitigation work, and Rs 134.22 crore for mitigation work in highly flood-prone areas in Chennai and Chengalpattu districts.

Now we are on Telegram too. Follow us for updates
TAGS
Palanivel Thiaga Rajan
India Matters

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.