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TN Budget aim at revenue mobilisation
['Nt Bureau']
News Today | First with the news
Chennai, Aug 5:Finance Minister Marie Wilson on Wednesday presented the first Budget of the Tamilaga Vettri Kazhagam (TVK) government for 2026–27, outlining a fiscal roadmap that balances revenue mobilisation with welfare expansion and sectoral investments.
The government has projected an additional revenue of Rs 16,000 crore, including Rs 1,000 crore from a liquor production cess, and announced the formation of a Revenue Enhancement Committee to explore further avenues.
Additionally, five regional cancer care hospitals will be established under a hub-and-spoke model, alongside Rs 10 crore for cancer research and development.
Welfare of persons with disabilities has been allotted Rs 1,485 crore, and a substantial Rs 9,818 crore has been earmarked for social welfare and women’s rights programmes.
Support for women includes Rs 812 crore for the Annanin Seer scheme, which provides financial assistance for marriages, including gold and silk sarees.