Tamil Nadu News

Subsidies rise in 2023–24

October 23 , 2025 15 hrs 0 min 46 0

Subsidies provided by the Tamil Nadu government increased from ₹20,114 crore in 2019–20 to ₹37,749 crore in 2023–24.
The annual growth rate in subsidies was about 27%, largely due to the launch of the Kalaignar Magalir Urimai Thogai (KMUT) scheme.
Subsidies as a share of revenue receipts rose from 11.54% to 14.27% over five years.
As a share of revenue expenditure, subsidies grew from 9.57% to 12.19% during the same period.
The share of subsidies within non-committed expenditure increased from 35.12% to 38.91%.
Explicit subsidies include KMUT, PDS, subsidised domestic electricity, free bus travel for women, and student fare concessions.
Implicit subsidies, such as free bicycles and subsidised seeds, cost the state ₹801.77 crore in 2023–24.