Wednesday, 7 October 2026

The Tamil Nadu government has increased its estimate for total revenue receipts this year after anticipating larger transfers from the central government. In three of the previous five years, budget estimates for these receipts were reduced when revised figures were prepared. This year, however, the revised total stands at ₹3,50,027 crore, which is ₹5,452 crore above the original budget estimate of ₹3,44,575 crore. The upward revision stems from the state’s involvement in the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin), or VB GRAM-G. This participation has boosted projected receipts under Centrally Sponsored Schemes by roughly ₹9,790 crore. The state must contribute 40 percent toward the new rural employment program, resulting in an outflow of ₹5,057 crore while receiving ₹7,586 crore. An additional ₹3,461 crore is expected under the Mahatma Gandhi National Rural Employment Guarantee Scheme. These inflows account for the higher revised total. Earlier this year a White Paper had highlighted shortfalls in revenue projections. The current budget presents a different outlook for total revenue receipts. Finance Minister N. Marie Wilson noted steps to raise about ₹15,000 crore through new levies on liquor producers and technology-driven improvements in tax assessment, registration, and mining oversight.


Credit:
https://www.thehindu.com/news/national/tamil-nadu/tamil-nadus-expectation-of-higher-central-funds-pushes-up-total-revenue-receipts/article71312885.ece
BCN
BCN