Tamil Nadu Chief Minister M K Stalin.
Credit: PTI Photo
Chennai: Chief Minister M K Stalin on Sunday expressed hope that the Centre would fulfill the expectations of the people of the state by clearing Tamil Nadu-specific projects in the Union budget 2024-25.
For the past three years, the Centre has "not released funds" for the Chennai Metro Rail (Phase 2) project, Stalin said and listed other proposals including the pending sanction for the Tambaram-Chengalpattu elevated expressway corridor.
In a post on social media platform X, the chief minister highlighted the people's expectations from the Union Budget, saying that for about 10 years, middle-class families have been hoping that their income tax burden would be reduced and tax relief provided to them.
Among the state's expectations, he listed the approval for Metro Rail projects in Coimbatore and Madurai, allocation of adequate funds for already announced railway projects in Tamil Nadu and increasing the expenditure limit under the Centre's rural and urban housing schemes (PM Awas Urban/Gramin schemes).
"I believe that the union government will fulfill the expectations of the Tamil Nadu people," Stalin said in his post.
Union Finance Minister Nirmala Sitharaman will present the Union Budget on July 23.
Finance Minister Nirmala Sitharaman presented the interim Budget on February 1, 2024. Ahead of the Union Budget 2024 presentation, news emerged that Prime Minister Narendra Modi may face troubles this time, to accommodate the wishes of his alliance partners JD(U) chief Nitish Kumar and TDP supremo Chandrababu Naidu.
However, it is more likely that the Budget will be a feel-good one, coming on the back of the Rs 2.11 lakh crore record dividend to the union government from the RBI.
Union Budget 2024 | Making a record for any Finance Minister, Nirmala Sitharaman will be presenting her 7th Union Budget on July 23, 2024 under the Modi 3.0 government. While inflation has burnt a hole in the pockets of 'aam janata', will this Budget spell relief for Indians? Track the latest coverage, live news, in-depth opinions, and analysis only on Deccan Herald. Also follow us on WhatsApp, LinkedIn, X, Facebook, YouTube, and Instagram.