Tamil Nadu Grabbing lots of Financial Benefits and Perks?
TN Finance minister said, "We've started to see significant results from such actions in the previous several weeks. First, the state exchequer has received Rs 2,000 crore in unspent funds (the reserved sector kept it intact). The price of petrol will rise by Rs. 3 as a result of this amount. The cut in the value added tax will go a long way toward compensating for the Chief Minister's loss. The government is expected to lose Rs 1,100 crore in taxes as a result. Various unused monies are expected to be returned to the state as part of the final assessment.
Furthermore, the new procedure is now being implemented. As a result, the financial sector account will not be debited for expenditure funds or allotted money (at the end of the fiscal year). Such measures will be quite beneficial and provide a wonderful source of funding during times of distress. Another significant feature is the information integration programme, which will aid in the cancellation of crop and jewellery loans, as determined by the election results. The best outcomes have come from this method. Information was gathered from several state government departments, particularly through land deed registration and the public distribution system.
As a result, phoney beneficiaries were prevented. Similarly, information about persons who took out crop and jewellery loans on uncultivated property has surdata-faced. The benefit is not available to such folks. As a result, the state's financial outlay is greatly decreased. And the government's assistance has only gone to the proper people. The recently implemented Homeschooling education Program is one of many such programmes."