NE NEWS SERVICE
CHENNAI, MAY 27
The leader of the opposition in Tamil Nadu Assembly and DMK President M. K. Stalin on Wednesday demanded the Tamil Nadu government to present a revised budget for the financial year 2020-2021 considering the revenue impact due to the coronavirus spread.
நிதி மற்றும் வருவாய் பற்றாக்குறை, ரூ 4.56 லட்சம் கோடி கடன் என அதிமுக அரசு மாநிலத்தைச் சிக்க வைத்திருந்த நிலையில் கொரோனாவும் சேர்ந்ததால் 2020-21 ஆண்டிற்கான நிதிநிலை அறிக்கையின் மதிப்பீடுகளும் ஒதுக்கீடுகளும் உருவிழந்து, முழுமையாக மறுபரிசீலனை செய்ய வேண்டிய சூழல் உருவாகியிருக்கிறது. pic.twitter.com/32XRBj7WwZ
— M.K.Stalin (@mkstalin) May 27, 2020
In a statement issued here Stalin said the estimates and allocations announced in the state budget for 2020-21 presented in the Assembly on February 14, this year has all changed now owing to the impact of the coronavirus pandemic.
As a result, the state budget has to be redrawn, he added Stalin said question mark hangs over the state’s estimate of its own tax revenue of Rs 1.33 lakh crore for the financial year 2020-21 out of total tax revenue of Rs 2.19 lakh crore.
According to Stalin, many small scale units have been closed for over 60 days due to lockdown and workers have lost their jobs. He said it is imperative to reassess the budget 2020-21 presented earlier and draw a new one.