Tamil Nadu News

First Supplementary Estimates of 2024/25

December 15 , 2024 672 days 1283 0

The Tamil Nadu government presented the First Supplementary Estimates for a sum of ₹3,531 crore for 2024-25 in the Assembly.
The government sanctioned a sum of ₹1,634.86 crore as additional loss funding grant to the Tamil Nadu Power Distribution Corporation Limited.
This was as per the guidelines for Additional Borrowing Space of 0.50% of GSDP linked to performance in power sector formulated by the Union government.
The Tamil Nadu Contingency Fund Act of 1954 has been amended and enhanced the contingency fund from ₹150 crore to ₹500 crore.
The government has sanctioned ₹70 crore to the Tamil Nadu Co-operative Milk Producers’ Federation Limited as grant for providing incentive to milk producers.