TNPSC Thervupettagam

Tamil Nadu’s investment need

November 23 , 2024 17 hrs 0 min 12 0
  • Tamil Nadu government has handed over the memorandum to the 16th Finance Commission during its visit to the state
  • Investment needs of the Tamil Nadu stood at 6.84 lakh crore.
  • Besides, infrastructure needs in urban areas were to the tune of 5.32 lakh crore.
  • The funding requirement in power sector was 62,000 crore and the investment needs for industrialisation was 43,600 crore.
  • For modernisation of the buses and public transport systems, 7,000 crore were needed.
  • For nurturing the blue economy, support for secondary and tertiary healthcare and restoration of waterbodies 5,000 crore each was mentioned.

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