Tamil Nadu Finance Minister N. Marie Wilson Presents TVK Government's Maiden Budget

Key facts

• Tamil Nadu Finance Minister N. Marie Wilson presented the maiden Budget of the Tamilaga Vettri Kazhagam (TVK)-led coalition government in the Legislative Assembly on August 5, 2026.
• The State's Own Tax Revenue (SOTR) is projected to grow by 9.78%, with Commercial Taxes contributing 68.9% of collections.
• The State's outstanding debt is estimated at ₹10,98,768 crore in the Revised Budget Estimates 2026-27, down from ₹10,99,458 crore in the Interim Budget Estimates.
• The Budget allocated ₹44,527 crore to the School Education Department and ₹8,393 crore to the Higher Education Department for 2026-27.
• Under the 'Annan Seer Thittam', eligible brides will receive an 8-gram gold coin and a silk saree, with an allocation of ₹812 crore.
• Under the 'Thai Maaman Thanga Mothiram Thittam', every newborn delivered in a government hospital will receive a one-gram gold ring, with ₹560 crore allocated.
• The 'Vetri Laptop Scheme' received an allocation of ₹2,000 crore.
• The Agriculture and Farmers' Welfare Department has been allocated ₹14,984 crore in the Revised Budget Estimates.
• A new 'Rooftop Solar Subsidy Scheme' will provide a subsidy of up to ₹1 lakh to domestic consumers for installing solar panels.
• The government will procure 1,000 new air-conditioned electric buses for the Chennai Metropolitan Transport Corporation (MTC), with ₹500 crore allocated.