amil Nadu Budget Session Today, TN Budget 2025-26 Live News Updates: The Tamil Nadu government will present its Budget for 2025-26 in the Legislative Assembly today at 9:30 a.m. Finance Minister Thangam Thennarasu will table the Budget at the Assembly Hall in the Fort St. George complex. The Agriculture Budget for 2025-26 will follow tomorrow.
Key discussions may include the alleged lack of funds for Tamil Nadu in the Union Budget, concerns over the National Education Policy, and issues such as law and order, crimes against women and children, and police harassment allegations. The ruling DMK is expected to make major announcements, including a potential expansion of the Magalir Urimai Thogai scheme, as hinted by Deputy Chief Minister Udhayanidhi Stalin.
The Budget session will be broadcast live at 100 locations in Chennai, including Central Railway Station, Koyambedu Bus Terminus, Marina Beach, Anna Nagar Tower Park, Besant Nagar Beach, and Tidel Park Junction. The Agriculture Budget tomorrow will also be streamed via LED screens.
Also read: Tamil Nadu uses rupee symbol in Tamil as Budget 2025 logo amid NEP row
Also read: Tamil Nadu set to sustain 8%+ growth, first economic survey reveals
ALL UPDATES
- March 14, 2025 08:28
Tamil Nadu Budget 2025 Live Updates: Is Tamil Nadu under too much debt? What’s the Fiscal Deficit situation?
As per the budget estimates for FY2024-25, Tamil Nadu’s Fiscal Deficit was ₹1,08,690 crore. The total outstanding debt is expected to be at ₹8,33,361.80 crore by March 31, 2025.
This means a Fiscal Deficit of 3.44% of the GSDP as per the Budget Estimates.
This number is just below the limit set by the 15th Finance Commission which recommends state’s fiscal deficit to be below 3.5% (including power sector reforms)
Overall outstanding amount is 26.41% of the GSDP which is below the recommended levels of the 15th Finance Commission which states overall debt should not exceed 28.9% for FY2024-25 and 28.7% for FY2025-26.
- March 14, 2025 08:27
Tamil Nadu Budget 2025 Live Updates: ₹29,730 Crore is spent to subsidise electricity as per the previous budget.
₹29,730 Crore is spent on Assistance to TANGEDCO in the form of Subsidies towards Agriculture, domestic consumers & loss funding.
Magalir Urimai Thogai, the scheme which pays women ₹1,000 per month, costs the state ₹13,720 crore.
- March 14, 2025 08:15
Tamil Nadu Budget 2025 Live Updates: Tamil Nadu ignored in Union Budget, rued Chief Minister Stalin in February
Tamil Nadu Chief Minister MK Stalin criticised the Union Budget for neglecting the State’s various demands, including funds for highways, railways, and metro projects in Coimbatore and Madurai.
Tamil Nadu ignored in Union Budget, rues Chief Minister Stalin
Tamil Nadu CM MK Stalin criticizes Union Budget for neglecting state’s demands, questions fairness and allocation of funds.
- March 14, 2025 08:05
Tamil Nadu Budget 2025 Live Updates: Only 13% of GSVA is from primary sector
In 2023-24, the services (tertiary) sector contributed 53.63% of the state’s Gross State Value Added (GSVA), followed by the secondary sector (33.37%) and the primary sector (13%).
Source: Economic Survey of Tamil Nadu 2024-25
- March 14, 2025 07:56
Tamil Nadu 2025 Budget Live Updates: Tamil Nadu received ₹52,491 crore as part of Tax Devolutions in FY2024-25 as per revised estimates.
The state is set to receive ₹58,021 crore in Devolutions in FY2025-26 as per Union Government’s Budget Estimates. Tamil Nadu receives 4.079% of the Devolution Funds as per the 15th Finance Commission.
- March 14, 2025 07:55
Tamil Nadu Budget 2025 Live Updates: How Tamil Nadu spends one rupee as per the previous budget?
27% is spent on Salaries, Pensions & Retirement benefits.
Another 23.2% is spent on Loan Repayments and Interests.
Only 10.5% is spent on Capital Expenditure.
Source: Tamil Nadu Government’s Citizen’s Guide to Budget 2024-25
- March 14, 2025 07:49
Tamil Nadu 2025 Budget Live Updates: Tamil Nadu receives only 28 paise back for every rupee collected by the Union Government as tax
As States begin their annual budget-making exercise, they are increasingly faced with a daunting task in managing their finances. With the spending on social welfare schemes taking precedence ahead of the elections and States’ own tax and non-tax revenues growing at a sluggish pace, attention inevitably turns to their share in the divisible pool of union taxes, grants, and loans from the Centre.
Are southern States justified in opposing revenue-sharing model?
States grapple with revenue-sharing inequities as Finance Commissions adjust weights for population, area, and fiscal performance.
- March 14, 2025 07:37
Tamil Nadu Budget 2025 Live Updates: TN suggests to 16th finance panel an ‘income distance’ norm for devolution
At present, the weight attached to the ‘income distance’ criterion is 45 per cent; Tamil Nadu wants it brought down to 35 per cent. On the ‘population’ criterion, it wants the Commission to use the 1971 Census as the base; the 15 th FC used the 2011 Census. The State also wants the weight attached to the population criterion to be raised from 15 per cent to 20 per cent.
In a first, TN suggests to 16th finance panel an ‘income distance’ norm for devolution
Tamil Nadu urges 16th Finance Commission to change income measurement method for fair fund distribution.
- March 14, 2025 07:32
Tamil Nadu Budget 2025 Live Updates: Economic Survey highlights Tamil Nadu’s footwear expansion, learning innovations
Tamil Nadu’s strategic initiatives to foster footwear manufacturing growth and the State’s Illam Thedi Kalvi (Education at Doorstep): Innovation in public education were two major highlights of the State in the Economic Survey 2024-25.
Tamil Nadu (TN) is a leader in the traditional leather sector and is now championing the growth of non-leather footwear. The State contributes 38 per cent of India’s footwear and leather products output, and about 47 per cent India’s total leather exports. The sector generates more than 2 lakh employment.
Economic Survey 2025-26: Highlights TN’s footwear expansion, learning innovations
Tamil Nadu’s strategic initiatives to foster footwear manufacturing growth and the State’s Illam Thedi Kalvi (Education at Doorstep): Innovation in public education were two major highlights of the State in the Economic Survey 2024-25.