Tamil Nadu: Stalin’s 1st budget reduces petrol price by ₹3 per litre
The DMK government will face a deficit of ₹1,160 crore a year, as the state government announced a major relief by reducing the petrol price by ₹3 per litre in the first budget of MK Stalin’s government.
“Tamil Nadu has 2.6 cores of people using two-wheelers. ₹3 is reduced in petrol by the Tamil Nadu government. Because of this government will face a ₹1,160 crores deficit,” said finance minister Palanivel Thiagarajan. This is being seen as a masterstroke by Stalin at a time when fuel price is burning a hole in the pocket of the middle-class people across the country.
Climate change was another important sector that got a huge outlay of ₹500 crore in the budget. Stalin’s poll promise of providing a monthly amount of ₹1,000 to women members was also taken into account.
