The 7th Pay Commission caused a stress on the finances of Tamil Nadu.
"Budget speech seems largely a photocopy of previous year (s)".
Haasan, who calls himself a rationalist, also raised questions on why the Budget made no mention of Hindu religious and charitable endowments.
CII welcomes the plan towards creation of 9,030 acre land bank across the State by SIPCOT Industrial development and also in making announcement of Global Investors Meet in Junuary 2019, he said, in a statement today.More news: Native River wins Cheltenham Gold Cup
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At the same time, the 63-year-old actor-turned-politician asked how the minorities in the state trust a government to fulfil its promises when it abruptly cancels the election for the Wakf board head.
The government, which had initially opposed the implementation of GST, estimates the revenue from GST alone to be Rs 86,859 crore, Panneerselvam said, and added that the State has received Rs 632 crore as GST compensation from the Centre during the period July 2017 and February 2018. The project is aimed at bringing drinking water and irrigation to western part of Tamil Nadu.
Chennai: Tamil Nadu Deputy Chief Minister O. Panneerselvam was very candid in admitting that TN faces challenges on various fronts and asserts the Budget for 2018 - 19 fiscal that he presented to the Assembly on Thursday focuses on strategies to tackle 10 challenges and lead TN onto the path of accelerated economic growth. "My people deserve better representatives to script their future", wrote Haasan on Twitter on Friday. He believed the economy would pick up the next fiscal and the signals are there in the growth of the gross state domestic product (GSDP).
The government's total debt is expected to be Rs 3.55 lakh crore at the end of the next financial year which was 22.29 per cent of the GSDP against the debt-GSDP norm of 25 per cent.