Amid Much Expectations, Vijay-Led TVK Government to Present Its Maiden Budget in Tamil Nadu
The government’s White Paper flagged a revenue collapse and ₹13.18 lakh crore in debt as it sets out its first full spending plan.
- On Wednesday, Tamil Nadu Finance Minister Marie Wilson presented the maiden budget for Chief Minister C. Joseph Vijay's government in the Legislative Assembly, detailing fiscal plans amid heightened political tensions.
- Tensions surrounding the budget session followed the arrest of DMK leader Udhayanidhi Stalin, who alleged the government sought to "stop" him from attending the assembly. Madras High Court ordered his release on Tuesday after questioning regarding remarks linked to actress Trisha.
- Earlier, the administration released a White Paper flagging a "revenue collapse" and declining share of the State's Own Tax Revenue. Tamil Nadu's actual outstanding debt stands at Rs 13.18 lakh crore, including public sector undertaking liabilities.
- Finance Minister Marie Wilson introduced 436 proposals from the "Vetri Tamilagam Vision Document," including expansion of the Perunthalaivar Kamarajar Breakfast Scheme to classes VI to VIII and waivers for cooperative crop loans up to Rs 75,000.
- The state formed a Revenue Augmentation Committee under economist Montek Singh Ahluwalia to address long-term fiscal challenges. This body will recommend measures to improve compliance and identify new revenue sources, aiming to stabilize financial management.
25 Articles
25 Articles
The Tamil Nadu Vetri Kazhagam (TVK) government, led by Chief Minister C. Joseph Vijay, presented its first budget in the Tamil Nadu Assembly on Wednesday (August 5, 2026). Dr. N. Mary Wilson, Finance Minister of the Vijay government, presented the budget for the financial year 2026-27. The government announced investments in areas ranging from artificial intelligence (AI) to security. A significant relief was also announced for the state's women…
TVK's maiden budget fulfils Vijay's poll promises with gold, cows
Chief Minister C Joseph Vijay-led Tamilaga Vettri Kazhagam government on Wednesday allotted over Rs 1,000 crore to provide gifts of gold coin, ring and milch cows to beneficiaries to fulfill the election promise made by the party ahead of the assembly election this year.
Tamil Nadu Budget 2026: From gold for newborns to laptops for students, all major announcements in Vijay's first budget
While presenting the budget, Wilson praised Chief Minister C Joseph Vijay for a number of incentives, including stopping kickbacks to some parties and individuals while giving them government tenders.
CM Vijay TVK First Budget: The TVK government of Thalapathy Vijay, who became the CM of Tamil Nadu from the hero of South cinema, presented its first budget and included the promises made during the assembly elections as a priority in it.
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