A new policy for development of the footwear and leather industry, a Rs 100 crore special fund to build public infrastructure of export organisations, a new micro-cluster development programme, a fillip to the startup ecosystem and the setting up of a coir development board at Coimbatore are among the initiatives in the Tamil Nadu budget for 2022-23.
The state’s revenue deficit is estimated at Rs 52,781.17 crore for FY23, which is less than the revised estimate of Rs 55,272.79 crore in FY22, Tamil Nadu finance minister Palanivel Thiaga Rajan said while presenting the DMK government’s first full-fledged budget on March 18.