Tamilnadu: economy current affairs
GSDP
Between 2011-12 and 2016-17, Gross State Domestic Product (GSDP) expanded at a Compound Annual Growth Rate (CAGR) of 11.56 per cent toRs 12.99 trillion (US$ 193.55 billion) whereas the Net State Domestic Product (NSDP) expanded at a CAGR of 11.54 per cent to Rs 11.64 trillion (US$ 173.54 billion).
Energy sector
In the 2017-18 budget, the state government announced plans to invest US$ 2.64 billion for the energy sector in the state.
Tamil Nadu Innovation Initiatives
The Tamil Nadu Innovation Initiatives (TANII) Programme will be continued with an allocation of Rs.100 crore to support innovations in administration.
Special Area Development Programme (SADP)
Rs.75 crore has been allocated for the Special Area Development Programme (SADP) which caters to the specific needs of people of the hilly areas, with special focus on sustainable use of natural resources for economic development.
State Balanced Growth Fund (SBGF)
A sum of Rs.100 crore has been allocated in this Budget for the State Balanced Growth Fund (SBGF) which was instituted to bring about balanced economic development across various regions of the State.
Disaster Relief
An amount of Rs.786 crore has been provided for State Disaster Response Fund (SDRF) for the year 2018-2019.
As a permanent remedy to mitigate the impact of floods in Chennai and its suburban region, a comprehensive flood management plan for North Chennai and South Chennai has been prepared at an estimate of Rs.2,055.67 crore and Rs.1,243.15 crore respectively and submitted to the Central Government for support. The Government is also preparing a Detailed Project Report (DPR) for establishing an integrated fishing harbour and fish processing park at Thengappattinam in Kanniyakumari district and will seek central support.
Tamil Nadu Rural Transformation Project (TNRTP)
The Government will commence the implementation of the Tamil Nadu Rural Transformation Project (TNRTP) funded by the World Bank, in 120 blocks of 26 districts at an estimated cost of Rs.920.63 crore.
Poverty and unemployment
An allocation of Rs.100 crore has been provided in the Budget Estimates 2018-2019 for this project. The National Rural Livelihood Mission (NRLM) and the Tamil Nadu State Rural Livelihood Mission (TNSRLM) are also being implemented in 265 blocks, thus covering all the blocks in the State under poverty eradication programmes. A total allocation of Rs.519.81 crore has been provided in the Budget Estimates 2018-2019 for all the rural poverty eradication programmes.
Tamil Nadu Urban Livelihood Mission (TNULM)
The Government is implementing the Tamil Nadu Urban Livelihood Mission (TNULM) by supplementing the resources of the Government of India’s National Urban Livelihood Mission (NULM). Tamil Nadu had received Rs.59.40 crore from the Government of India under the NULM in 2017-2018. A total allocation of Rs.300 crore has been provided in the Budget Estimates 2018-2019 for urban poverty alleviation programmes.
Employment and Skill Development
- A State level Career Guidance Centre will be created which will network with the district level employment exchanges through an online portal and will connect job seekers, companies and private placement agencies. The Government will also offer counselling to unemployed persons, who are registered with employment exchanges and are drawing unemployment allowance, through district level placement facilitation centres and will train them under the skill development programme to improve their employability.
- Government will upgrade these 26 ITIs also at a cost of Rs.126 crore and bring them under the NCVT affiliation over a period of 2 years. The present infrastructure gap in Government ITIs will be filled up at a cost of Rs.30 crore for enabling them to receive central grants. The Government will introduce new advanced courses, namely medical electronics, advanced machine tools, tool and dye making, power electronics and architectural assistance in 20 ITIs at a cost of Rs.38 crore, which will improve employment opportunities of the ITI students. The Government will introduce internship programmes in collaboration with industries to provide 10,000 students with industrial exposure and equip them with necessary skills for employment.
Tamil Nadu Skill Development Mission (TNSDM)
The allocation for TNSDM will be enhanced from Rs.150 crore to Rs.200 crore in 2018-2019 to give further impetus to skill development. During 2018-2019, another two lakh youth will be provided with skill training by pooling resources from various schemes. The Overseas Manpower Corporation will step up its activities further to impart skill training under the Tamil Nadu Skill Development Mission in both technical skills and soft skills to the youth seeking employment abroad.
Tamil Culture
To preserve and propagate Tamil language and culture internationally, the Tamil Language Propagation Centre will be established at Tamil University, Thanjavur for which Rs.2 crore will be provided as annual grant. Similarly, the Tamil Cultural Centre will also be established with an annual grant of Rs.1 crore. The monthly assistance to the artists in indigent circumstances will be raised from Rs.1,500 to Rs.2,000.
The Government is celebrating this year as ‘Tamil Nadu Golden Jubilee Year’ to commemorate the 50th year of the State’s rechristening as ‘Tamil Nadu’ on 14th January, 1969.
Law and and order
During 2018-2019, buildings for another 15 police stations and 543 residential 13 quarters will be constructed besides taking up the construction of 35 structures for various purposes at a total estimated cost of Rs.217.41 crore. During 2018-2019, buildings for another 15 police stations and 543 residential 13 quarters will be constructed besides taking up the construction of 35 structures for various purposes at a total estimated cost of Rs.217.41 crore.
Fire and Rescue Services
In the ensuing financial year, buildings for fire stations will be taken up for construction at 20 locations at a cost of Rs.28.23 crore. Further, quarters will also be built at a cost of Rs.18.51 crore in Manali.
Tamil Nadu Makkal Portal
An integrated ‘Tamil Nadu Makkal Portal’ will be launched which will serve as a one-stop gateway for the public to access and update data related to them.
A Government wide Architecture for e-Governance will be conceptualised and put in place.
Housing
As a new initiative to provide decent housing to poor people living in objectionable poramboke lands like watercourses and to restore these lands to their original purpose, the Government will acquire private lands through Revenue department in the respective villages and will issue free house site pattas to rehabilitate the displaced poor families. These families will also be covered under the regular housing programmes of the Rural Development Department.
Government service delivery
Under the ‘Uzhavar Padhukappu Thittam’, 3.67 lakh beneficiaries have benefitted during 2017-2018 and Rs.248.48 crore has been distributed to them.
In the Budget Estimates 2018-2019, 17 Rs.6,144.58 crore has been allocated for the Revenue Department.
Agriculture Supply chain management
A pioneering initiative for improving the Supply Chain Management for perishables in ten districts has been taken at a cost of Rs.398.75 crore. This programme aims at strengthening 487 collection centres with 58 Primary Processing Centres covering 3,400 farming clusters. This scheme also covers on-farm development to increase the production and productivity of horticultural crops.
Food processing
With the aim of creating a conducive environment for the healthy growth of the food processing industry, an exclusive Food Processing Policy will be unveiled in 2018-2019. Contract Farming Act will be enacted.
soon to sustain agricultural production and promote agro-processing industries.
Further, as a major initiative, it is proposed to set up an Ultra Mega Food Park on an extent of about 450 acres at Pelakuppam village near Tindivanam. In addition, Mega Food Parks will be set up in Theni, Virudhunagar, Thoothukudi, Erode, Cuddalore, Salem, Dindigul, Tirunelveli, Tiruvannamalai and Krishnagiri districts.
Farm mechanization
Farm mechanization and market integration continue to be the main planks of our agricultural strategy. Government has promoted 1,106 Custom Hiring Centres for farm machinery since 2014-2015. Another 500 centres will be supported in 2018-2019.
For the year 2018-2019, Rs.150 crore has been provided for farm machinery.
E- trading
Further e-trading facilities will be extended to 30 regulated markets 23 and 8 Cooperative Markets by integrating with e-National Agriculture Markets (eNAM). The Market infrastructure in these 38 markets will be strengthened at an outlay of Rs.159 crore.
Micro irrigation
In 2017-2018, Rs.622 crore was provided for promoting Micro Irrigation. For the year 2018-2019, an amount of Rs.715 crore is provided for this purpose. Considering the importance of farm ponds in providing life saving irrigation to crops at the tail-end of Cauvery Delta and coastal areas, the Government will take up 10,000 more farm ponds at a cost of Rs.100 crore.
Tamil Nadu Cotton Cultivation Mission
Tamil Nadu Cotton Cultivation Mission will be continued with an outlay of Rs.10.62 crore.
Uzhavan
An exclusive mobile application ‘Uzhavan’ will be launched for the use of farmers.
Amma Green Park
A new ‘Amma Green Park’ will be developed at Guindy at a cost of Rs.20 crore.
Flower market complex
A new flower market complex will be developed at Hosur, Krishnagiri district.
Maize processing unit
A maize processing unit will be set up at Mangalur, Cuddalore district.
Post harvest processing unit
A post harvest processing unit for flowers will be established at Thovalai.
Agriculture budget
Overall for the agricultural sector, a sum of Rs.8,916.25 crore is allocated in the Budget Estimates 2018-2019.
Veterinary services
During 2018-2019, we propose to upgrade 100 sub-centres to Veterinary Dispensaries. Further, the Institute of Veterinary Preventive Medicine at Ranipet will be upgraded at a cost of Rs.10 crore.
Dairy infrastructure
Dairy infrastructure will be augmented with loan support of Rs.500 crore from NABARD’s Dairy Development Fund. In the Budget Estimates 2018-2019, Rs.1,227.69 crore and Rs.130.82 crore have been allocated for the Animal Husbandry and Dairy sectors respectively.
Fisheries
- Government will undertake the construction of fish landing centre at Kunthukal in Ramanathapuram district at a cost of Rs.70 crore and fishing harbours at Vellapallam and Tarangambadi in Nagapattinam district at a total cost of Rs.220 crore in the coming financial year. In 2018-2019, the Government will also take up the construction of fish landing centres at four locations, namely Kurumpanai, Pozhikarai, Kesavanputhenthurai and Pallam Thurai in Kanniyakumari district at a total cost of Rs.16 crore.
- As a major step towards ensuring security of our fishermen sailing in deep sea in multi-day fishing vessels, beyond 60 nautical miles, the Government will provide high frequency communication sets at subsidized cost in a phased manner.
Environment and Forests
In commemoration of the 70th birth anniversary of the late Chief Minister Puratchi Thalaivi Amma, the massive tree plantation scheme was launched on 24.02.2018 by the Hon’ble Prime Minister. Under this scheme, the Government will take up tree plantation in 7,000 acres in degraded forest areas to rejuvenate tree cover and convert them into dense forests as part of the Massive Tree Plantation Programme. This project will be taken up at a cost of Rs.21.43 crore in 2018-2019. Besides, tree plantation activities in Government lands and tank bunds will be continued using MGNREGS funds.
Under the National Adaptation Fund for Climate Change, in anticipation of funding from the Government of India, the Government will commence the eco-restoration of 695 hectares of Pallikaranai marsh lands which will beimplemented over five years from 2018-2019 to 2022-2023 at a project cost of Rs.165.68 crore.
Water Resources
Government has revived the traditional practice of ‘Kudimaramath’ in mission mode since 2016-2017 with the aim of rejuvenating water bodies in the State. An amount of Rs.300 crore has been allocated in the Budget Estimates 2018-2019 for Kudimaramath.
Government will take up the construction of check dams at an estimate of Rs.250 crore during 2018-2019 with RIDF assistance from NABARD.
‘Athikadavu – Avinashi drinking water supply-cum-irrigation scheme’
‘Athikadavu – Avinashi drinking water supply-cum-irrigation scheme’ will be sanctioned shortly at an estimated cost of Rs. 1,789 crore. This project will pump and lift 1.5 TMC feet of surplus water from downstream of Kalingarayan anicut to fill 32 PWD Tanks, 42 Panchayat Union tanks and 971 ponds in Coimbatore, Tiruppur and Erode districts. In the Budget Estimates for 2018-2019, Rs.250 crore has been allocated for the Athikadavu-Avinashi project.
Highways
In the Budget Estimates 2018-2019, Rs.11,073.66 crore has been provided for the Highways Department, which includes Rs.513.66 crore for the Railway Works programme and Rs.250 crore for the NABARD programme.
Under the Comprehensive Road Infrastructure Development Programme (CRIDP), widening of 1,000 km of roads and improvement of 4,000 km of roads will be taken up in 2018-2019.
The remaining 54 km of State Highways and 34 km of MDRs will be taken up for widening at a cost of Rs.80 crore in the ensuing financial year to fulfill this objective.
In 2018-2019, the PBMC system will be extended to Palani Division. Allocation under CRIDP has been substantially enhanced to Rs.3,800 crore in the Budget Estimates, considering the need for improving the quality of roads, by taking up renewal at regular intervals.
under the ‘Programme for upgradation of rural roads’. In 2018-2019, another 2,500 km length of roads will be taken up at a cost of Rs.1,000 crore. For this programme, Rs.675 crore has been provided in the Budget Estimates.
Chennai-Kanniyakumari Industrial Corridor (CKIC)
The Chennai-Kanniyakumari Industrial Corridor (CKIC), part of the East Coast Economic Corridor, has been envisaged to develop the coastal areas and the ports along the coast of Tamil Nadu. The Detailed Project Report for developing 14 roads with a length of 654.54 km at a cost of Rs.6,448.24 crore has been prepared as part of this corridor and is under the consideration of the Government of India for ADB’s loan assistance.
second Global Investors Meet
The State Government has proposed to conduct the second Global Investors Meet on 23rd and 24th January 2019.
Micro, Small and Medium Enterprises
There are 17.20 lakh registered Micro, Small and Medium Enterprises (MSME) units in Tamil Nadu.
For constructing MSME units, plot coverage will be increased uniformly to 75 percent across the State and the Floor Space Index will be appropriately increased to facilitate optimum use of the allotted space. SIDCO will construct multi-storeyed worksheds for micro units at a cost of Rs.30 crore in Ambattur industrial estate. In necessary places, workers’ hostels will be constructed by SIDCO to provide accommodation at affordable cost to MSME workers and will be run on PPP mode.
Tamil Nadu Transparency in Tenders Act will be suitably amended to make 25 percent purchase preference to MSME mandatory in the procurement by Government and State Public Sector Undertakings.
‘New Entrepreneurship-cum-Enterprise Development Scheme’ (NEEDS)
Under this scheme, the ceiling limit for loan will be enhanced from Rs.1 crore to Rs.5 crore. However, the ceiling limit for subsidy will continue to be Rs.25 lakh.
Handloom Support Programme
Government will launch a new ‘Handloom Support Programme’ to provide financial assistance for innovation and diversification of products in the handloom sector.
Budgetary allocation for the rebate on the sale of handloom cloth will be substantially increased from Rs.80 crore to Rs.150 crore and Rs.40 crore will be provided for the Handloom Support Programme. The Government will come up with a ‘New Integrated Textile Policy’ to sustain, strengthen and develop handloom, powerloom and knitwear and garment sectors. The policy will give special focus to sunrise sectors like technical textiles besides coming up with a comprehensive strategy to increase textile exports.
Rural Development
At present, 16 tribal habitations having a population of more than 500 people that remain unconnected by all-weather roads will be provided with road connectivity during 2018-2019.
The Government will take up the improvement of 769 roads of length 2,658.58 km and construction of 25 bridges at a cost of Rs.1,244.35 crore in 2018-2019 under the PMGSY.
‘Tamil Nadu Urban Flagship Investment Programme’ (TNUFIP)
The State will also be implementing the ‘Tamil Nadu Urban Flagship Investment Programme’ (TNUFIP) with the assistance of Asian Development Bank (ADB) at an estimated cost of Rs.4,790 crore for supporting urban local bodies to meet their financial commitments under the AMRUT scheme.
The Government will also take up the upgradation of 400 km length of roads at an estimated cost of Rs.200 crore in town panchayats with NABARD funding in 2018-2019.
Housing for the poor
In 2018-2019, another 1.30 lakh houses will be constructed at an estimated cost of Rs.2,276 crore. Further, 20,000 houses will be taken up under the ‘Chief Minister’s Solar Powered Green House Scheme’ at a cost of Rs.420 crore. An amount of Rs.2,696.14 crore has been allocated for the rural housing schemes in the Budget Estimates 2018-2019.
A sum of Rs.2,301.30 crore has been allocated in the Budget Estimates 2018-2019 for Housing for All – PMAY Urban.
New medical college
With the aim of further improving the availability of medical doctors, another 345 MBBS seats will be created in Government Medical Colleges at Tirunelveli, Madurai, Kanniyakumari and Coimbatore in the coming financial years
Amma Maternity Nutrition Kit
An amount of Rs.4,000 from this assistance will be used for providing ‘Amma Maternity Nutrition Kit’, comprising iron tonic and nutrition supplements to reduce anaemia amongst pregnant women and improve the birth weights of infants.
School Education
In 2018-2019, this Government will upgrade 100 middle schools into high schools and 100 high schools into higher secondary schools. The Government has also identified 33,519 out- of-school children who will be brought under the mainstream education during 2018-2019.
In 2018-2019, this Government will take up strengthening of school infrastructure with NABARD’s loan assistance at a cost of Rs.200 crore and Rs.333.36 crore has been provided in the Budget Estimates for 2018-2019 for the development of school infrastructure.
Free lap distribution
A sum of Rs.758 crore has been allocated in this Budget for providing laptops to school students during 2018-2019.
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