Chennai would be one of the pronounced words of Tamil Nadu Finance Minister Palanivel Thiagarajan when he presented the revised budget of Tamil Nadu 2021-22 on Friday. In what has become the first e-budget of Tamil Nadu, the finance minister's three-hour long speech had shown that the state government is keen on enhancing Chennai's infrastructure from constructing flyovers to expanding the Metro rail services. Besides being the capital with witnessing a growing influx of people from across and beyond the state, Chennai has completely voted for DMK as the MLAs of all the sixteen constituencies in the city are from DMK.
It is one of the reasons why the DMK has put a significant concentration on Chennai. It is the first budget of MK Stalin as the Chief Minister. In what has become a historical session, It would be the first budget in 25 years to be written by a finance minister in his own hands rather than depending on the authorities, and it would be the first budget session for Tamil Nadu where a separate budget will be presented for Agriculture. Let's take a look at a slew of infrastructural projects that Chennai has won in the revised budget captained by Palanivel Thiagarajan.
The finance minister has announced that the Phase II of the metro rail development projects will be completed in five years. He further announced that services on the Kodambakkam to Poonamallee bypass section of the metro rail will commence within four years, by June 2025 and the entire Metro rail project Phase II will be completed by December 2026. Besides this project, he said that the government would be expediting the expansion of the metro rail project from Chennai Airport to Kilambakkam via Tambaram.
In what has become a major announcement, Palanivel Thiagarajan has said that Singara Chennai 2.0 project will be implemented to augment the city's public attractions. He said that the measures will be taken to eradicate posters and hoardings in the public place. The finance minister added that the state government will establish the Tamil Nadu Unmanned Aerial Vehicles Corporation in partnership with the Madras University of Technology in Anna University, Guindy at a total cost of Rs 5,369 crore.
The finance minister had announced that Rs 2,056 crore has been allocated to the Underground Drainage Scheme to develop three sites in Chennai and the scheme of preventing the outflow of sewage into waterways in Chennai will also be introduced at a cost of Rs 2,371 crore. He also has announced that the construction of a fin-tech city in the city and this project will be developed in two phases at Nandambakkam and Kavanur and the first phase of the project will be developed at Nandambakkam at the cost of Rs 165 crore.
The finance minister has also announced three new flyovers for Chennai with the view of mitigating the traffic. These flyovers will come at the estimated cost of Rs 335 crore on South Usman Road in T Nagar, Konnur Highway, and above the Ganesapuram subway. Palanivel Thiagarajan has said that the Kasimedu Fishing Harbour in Chennai will be augmented at a cost of Rs 150 crore and announced that Rs 1,149.79 crore will also be allotted for the welfare of fishermen. He also has announced that a strategic study of Tamil Nadu Electricity Board (TNEB) and Tamil Nadu Transmission Corporation (TANTRANSCO's) governance and financial restricting will be undertaken under the Chennai Kanyakumari Industrial Corridor Power Sector Investment Project, assisted by the Asian Development Bank.
Comments