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TN interim budget presented amid opposition walkout

During his budget speech, Panneerselvam said that Tamil Nadu is expected to register positive growth of 2.02 per cent at 2011-12 constant prices in 2020-2021.

Chennai (Tamil Nadu), February 23 — Amid the walkout by opposition parties–DMK and Congress– Tamil Nadu Deputy Chief Minister O Panneerselvam on Tuesday presented the year 2021-22 interim budget in the state assembly.
During his budget speech, Panneerselvam said that Tamil Nadu is expected to register positive growth of 2.02 per cent at 2011-12 constant prices in 2020-2021. "This is against an all India negative growth of 7.7 per cent," he said
He urged the government of India to release all the performance grants due to Tamil Nadu based on the 14th Finance Commission recommendations without further delay and said the Central government has increased the share of cesses and surcharges substantially along with reducing the basic duty component in the levy of Union Excise Duties on petrol and diesel in May 2020.

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Source: ANI

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