Tamil Nadu Interim Budget Scheduled for February 17 Presentation
CHENNAI: In a significant announcement, Tamil Nadu Speaker M. Appavu confirmed on Saturday that the state government will present its interim budget on 17 February. The declaration was made during a press interaction in Tirunelveli, outlining key financial proceedings ahead of the upcoming assembly elections.
Assembly Session and Budget Details
The legislative assembly session is set to commence on 17 February, with Finance Minister Thangam Thennarasu taking the lead in presenting the interim budget. This session marks a crucial phase in Tamil Nadu's fiscal planning as the state prepares for electoral transitions.
Following the budget presentation, advanced estimates for the upcoming financial year 2026-27 and revised estimates for 2025-26 will be tabled on 20 February. These estimates are essential for assessing the state's economic trajectory and adjusting budgetary allocations accordingly.
Post-Budget Proceedings and Session Management
After the interim budget is presented, a comprehensive debate on the proposals will ensue, allowing legislators to discuss and scrutinize the financial plans. Finance Minister Thennarasu will subsequently provide a detailed reply to address queries and concerns raised during the debate.
The exact duration of the assembly session will be determined following a meeting of the Business Advisory Committee, which is scheduled to convene after the budget presentation. This committee plays a pivotal role in structuring legislative agendas and ensuring efficient parliamentary functioning.
Live Telecast and Electoral Context
Speaker Appavu emphasized that measures have been implemented to facilitate the live telecast of the entire assembly session. This initiative aims to enhance transparency and public engagement in the democratic process, allowing citizens to witness legislative discussions firsthand.
Given that Tamil Nadu is poised for assembly elections in April, the incumbent DMK government will present only an interim budget. This interim financial plan serves as a temporary measure to cover essential expenditures until a new government is formed post-elections.
The full budget, encompassing comprehensive fiscal policies and detailed allocations, will be presented by the newly elected government. Consequently, debates on demand for grants will be reserved for the general budget presentation, ensuring that long-term financial decisions align with the incoming administration's priorities.
