Sunday, Jul 14 2024 | Time 20:24 Hrs(IST)
image
States » South


Thennarasu attends Pre-budget meet convened by Nirmala, takes up TN issues

Thennarasu attends Pre-budget meet convened by Nirmala, takes up TN issues

Chennai, June 22 (UNI) Tamil Nadu Finance Minister Thangam Thennarasu on Saturday urged Union Finance Minister Nirmala Sitharaman to release the pending GST and other dues to the State, besides sanctioning funds for the Chennai Metro Rail Project-Phase Two and other issues concerning the State in the Union Budget.
At the pre-budget meeting convened by Ms Nirmala in New Delhi, copes of which were released to the media here, he started his speech by congratulating her as she would soon become the first Finance Minister in the Country’s history to present seven consecutive Budgets.
Stating that this meeting is an integral part of fiscal federalism, Mr Thennarasu said in the 2021-22 budget, Ms Nirmala had announced the Chennai Metro Rail Phase-2, as a central sector project, at
a cost of Rs.63,246 crore and the foundation stone for it was also laid by Union Home Minister Amit
Shah in Chennai on November 21, 2020.
"While this project has been recommended by the Public Investment Board (PIB) on August 17, 2021, it is awaiting approval of the Cabinet Committee on Economic Affairs (CCEA) for the last three years. Pending this approval, the entire expenditure is being borne by the State from its own funds", he said.
The delay in approval is making a severe impact on the state finances and has slowed the pace of implementation of this Project, causing hardships to the people of Chennai, he said and urged the Union Government to immediately sanction the project, as originally envisaged, and ensure adequate provisions are made in the Union Budget 2024-25.
Pointing out that Tamil Nadu had witnessed two massive natural disasters in quick succession last year, causing a significant strain on the state finances, the Minister said the State had submitted two detailed memoranda outlining the extent and magnitude of disasters seeking a disaster relief of around Rs.37,906 crore.
But the Union Government has released a meagre sum of Rs.276 crore, he pointed out.
"Given the magnitude of the disasters and the colossal damage caused to the infrastructure and livelihoods of people, this compensation is grossly inadequate and is a grave injustice to the State of Tamil Nadu", he added.
Noting that the releases from the National Disaster Relief Fund are legitimate dues to the States, he implored the Union Government to release adequate funds to disaster-affected States.
He also requested the Union Government to allocate a sum of Rs.3,000 crore to Tamil Nadu to undertake necessary restoration works in the upcoming Budget.
MORE UNI GV 2012

More News

K'taka assembly session set for explosive showdown over Cong corruption

14 Jul 2024 | 7:18 PM

Bengaluru, July 14 (UNI) The Karnataka state legislature's monsoon session, beginning Monday, promises to be a fiery confrontation, as the Opposition BJP and JDS prepare to take on the scandal-ridden Congress government.

see more..
Modi's charisma  declining in the country: TPCC

Modi's charisma declining in the country: TPCC

14 Jul 2024 | 7:00 PM

Hyderabad, July 14 (UNI) Telangana Pradesh Congress Committee (TPCC) Senior Vice President G Niranjan stated that Prime Minister Narendra Modi's charisma is waning across the country.

see more..

Third National Conference of VHP Advocates concludes in Hyderabad

14 Jul 2024 | 6:37 PM

Hyderabad, July 14 (UNI) The two-day 3rd National Convention of the Advocates' Wing of Vishwa Hindu Parishad (VHP) concluded at Sri Tridandi Chinna Jeeyar Swamy's Ashram in Muchintal, Shamshabad on Sunday.

see more..
PMK doubts encounter killing in Armstrong case, demands Court monitored probe

PMK doubts encounter killing in Armstrong case, demands Court monitored probe

14 Jul 2024 | 6:03 PM

Chennai, July 14 (UNI) The Pattali Makkal Katchi (PMK) on Sunday raised doubts over the encounter
killing of surrendered BSP leader K.Armstrong murder case accused Thiruvengadam and demanded
a court monitored probe into it.

see more..

Ayurvedic researcher Dr Polisetty to set up Smart Health City project in Hyderabad

14 Jul 2024 | 6:02 PM

Hyderabad, July 14 (UNI) Dr Ravishankar Polisetty, a prominent cardiac surgeon turned translational Ayurvedic researcher, who has pioneered Poly Scientific Ayurveda (PSA), is planning to set up ‘The Smart Health City project in Hyderabad, which will facilitate advanced innovation in healthcare and medical science.

see more..
image