NE NEWS SERVICE
TIRUCHIRAPPALLI, JUNE 27
Tamil Nadu would face a fiscal deficit of about Rs 85,000 crore in view of revenue losses, Chief Minister K Palaniswami has said.
இன்று (26.6.2020) திருச்சிராப்பள்ளி மாவட்ட ஆட்சியர் அலுவலகத்தில், திருச்சிராப்பள்ளி மாவட்டத்தில் மேற்கொள்ளப்பட்டு வரும் வளர்ச்சி திட்டப் பணிகள், கொரோனா நோய்த் தடுப்பு பணிகள் மற்றும் முக்கொம்பு கதவணை கட்டுமானப் பணிகள் குறித்து ஆய்வு மேற்கொண்டேன். pic.twitter.com/mRx5HaKS8m
— CMOTamilNadu (@CMOTamilnadu) June 26, 2020
There was no revenue for the government in the past two months, he said adding there have been revenue losses as industries and other businesses did not function. In view of such a scenario and revenue losses of about Rs 13,000 to Rs 14,000 crore a month, “our Finance Secretary has said that there would be a fiscal deficit of approximately Rs 85,000 crore,” he told reporters here on Friday.
Palaniswami, after chairing official meetings to review anti-COVID-19 measures and other projects said the government would help people to the maximum possible extent.
Earlier, the Chief Minister visited the site of Mukkombu barrage site near Tiruchirappalli and enquired the progress of the construction said, after the collapse of the barrage in the month of August in 2018, the state government had sanctioned a fund of Rs 387.60 crore to replace a new barrage close to the collapsed one. The work is progressing well. “So far, 40 per cent of works have been completed and the remaining would be finished within January 2021,” he said.
Meanwhile, the Chief Minister said that the collapsed shutters were repaired with a fund of Rs 39 crore and the works are almost nearing completion.
Since the construction of the new barrage is on round the clock, the entire process would be completed by January2021 and the PWD officials are continuously monitoring the progress of the works, he added.
It may be noted that the Mukkombu barrage across Kollidam had collapsed on August 22, 2018, due to heavy discharge of water and nine shutters were washed away. The water was diverted to the Cauvery while the temporary works were on progress to plug the seepage and while a simultaneous new barrage construction has been ongoing at 100 metre distance from the collapsed barrage.
