Chennai, Feb 19 : Tamil Nadu Finance Minister Thangam Thennarasu will present the state budget for the financial year 2024-25 on Monday.

The budget whose theme is 'Crossing obstacles and marching towards growth' is being presented days before the announcement of the 2024 general elections.  With the ruling DMK aiming for a clean sweep and winning all the 39 seats in the parliamentary elections, it has to be seen whether this will be a popular budget or not.  The DMK government under Chief Minister M.K. Stalin has been pushing for several populist schemes and have implemented many since the party came to power in the state in 2021. 

Of this, the 'Kalaignar Magalir Urimai Thittam' that grants Rs 1,000 per month to more than 1.5 crore women heads of families is the flagship social welfare prpgramme and the state budget will have certain measures to raise funds for such recurring expenditures.  A major aspect of this state Budget would be revenue augmentation to meet the expenditure for various schemes. 

Tamil Nadu Governor R.N. Ravi has in his customary address on February 12, the first day of the Budget Session, said that the state was grappling with a severe stress on its fiscal resources in the aftermath of the flood-related disasters and that its capacity for resource mobilisation was constrained following the implementation of GST.