BIZARRE: 2 - What They Never Told You

Cyclone Michaung: Insurers have received motor insurance claims for 2,320 vehicles

Insurers receive 2,320 motor insurance claims due to Cyclone Michaung; Finance Minister urges speedy settlement. State govt to provide vacant spaces for vehicle repair, towing vehicles from other districts. Insurers assure speedy settlement of claims.

The Hindu · Dec 8, 2023

Power to be restored as soon as rainwater recedes, says Finance Minister

TN FinMin Thennarasu visits Tangedco HQ, reports 1,725 of 1,877 feeders restored; water in substations being pumped out; power to be restored when water recedes; power restored in parts of Chennai.

The Hindu · Dec 5, 2023

DMK’s expediency on land acquistion in Tamil Nadu

DMK faces challenges in acquiring land for infrastructural projects. It must ensure that the concerns of farmers are addressed and compensation is fair.

The Hindu · Nov 27, 2023

State’s capex declined over 7% so far in 2023-24

Tamil Nadu has reduced capital expenditure by 7.37% in 2023-24 (till Aug) compared to 2022-23. The State had budgeted ₹44,366 crore for capital expenditure and spent 22.44% of it. Govt is monitoring capital works to spur growth and manage revenue deficit at budgeted level of ₹37,540 crore. Debt to GSDP…

The Hindu · Oct 11, 2023

Tamil Nadu Finance Minister criticises Union govt.’s step-motherly attitude

TN FM accuses Union govt of step-motherly attitude towards State over devolution of funds. TN contributed ₹5.16 lakh cr but received only ₹2.08 lakh cr. UP received ₹9.04 lakh cr for ₹2.24 lakh cr contribution. TN losing out due to FC recommendations. GST regime caused ₹20,000 cr loss. Union govt…

The Hindu · Oct 11, 2023

AIADMK flags MSME strike against power tariff hike in Assembly

AIADMK raises issue of MSMEs striking over electricity tariff hikes in TN Assembly. Speaker M. Appavu says 10 legislators have given notices on the issue, to be taken up on Tuesday. Electricity Minister Thangam Thennarasu to give reply to concerns.

The Hindu · Oct 9, 2023

State’s total revenue receipts increased marginally in 2023-24

TN's revenue receipts up 5.47% to ₹92,967.33 cr till Aug. SOTR increased to ₹59,616.01 cr, revenue deficit at ₹17,614.98 cr. Assembly session to commence on Monday, with focus on Kalaignar Mahalir Urimai Thittam & borrowings of ₹18,000 cr in Q3.

The Hindu · Oct 8, 2023

Suo motu revision petitions against sitting and former Ministers were taken up with permission of Madras High Court Chief Justice, says judge

Madras High Court takes up 6 suo motu revision petitions against discharge/acquittal of sitting & former Ministers from criminal cases. Chief Justice gave permission & ordered listing of cases before Justice Venkatesh. Counsel argued Justice Venkatesh gave findings of foul play. Judge said take orders to SC if not in…

The Hindu · Sep 20, 2023

Tamil Nadu Finance Minister warns banks against deducting money from Magalir Urimai Thittam

The Minister said some banks have deducted money from the beneficiaries of Kalaignar Magalir Urimai Thittam as service charge or over outstanding dues

The Hindu · Sep 17, 2023

Kalaignar Magalir Urimai Thogai is a massive, one-of-its-kind, data driven scheme: T.N. Finance Minister Thangam Thennarasu

Tamil Nadu Finance Minister Thangam Thennarasu in an interview with The Hindu spoke about issues related to GST, and managing revenue deficit and borrowings.

The Hindu · Sep 13, 2023