Fri Mar 14 10:49:46 UTC 2025: ## Tamil Nadu Unveils ₹4.39 Lakh Crore Budget Focused on Infrastructure and Education

**Chennai, March 14, 2025** – Tamil Nadu Finance Minister Thangam Thennarasu today presented a ₹4,39,293 crore budget for the 2025-26 fiscal year, prioritizing infrastructure development, education, and urban renewal. The budget, excluding public debt, projects a Gross State Domestic Product (GSDP) growth of 14.5%, slightly higher than the revised estimate for 2024-25.

Key highlights include the establishment of a “Global City” near Chennai, improvements to transport infrastructure, and significant investments in archaeological excavations and rural housing. A substantial ₹55,261 crore has been allocated to education, including a ₹2,000 crore scheme to provide high-tech devices to 20 lakh college students over two years.

Urban development initiatives encompass ₹1,051 crore for dilapidated tenement reconstruction, ₹88 crore for climate-resilient sponge parks, and ₹400 crore for riverside development projects.

While the fiscal deficit is estimated at ₹1,06,963 crore – the highest since 2021-22 – it represents 3% of the GSDP, a decrease from 3.26% in the previous year. Revenue expenditure is projected at ₹3,31,568 crore, and revenue receipts at ₹3,73,203 crore, resulting in a revenue deficit of ₹41,635 crore (1.17% of GSDP). The budget’s total receipts are estimated at ₹3,32,330 crore.

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