TN Budget: Fiscal deficit seen at 3% of GSDP in FY26; Hosur to be new GCC

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TN Budget: Fiscal deficit seen at 3% of GSDP in FY26; Hosur to be new GCC - Business Standard

Quick Summary:

To further boost this industry, two footwear industrial parks will be established in Cuddalore and Melur with an investment of Rs 250 crore, creating 10,000 jobs.

This marks a dip of Rs 6,992 crore compared to the Budget Estimate of Rs 1,08,690 crore or 3.44 per cent of GSDP.

This is against an expected Rs 1,01,698 crore or 3.26 per cent in the revised Budget Estimates for 2024-25.