TN Budget – Sops for Chennai

The Tamil Nadu Budget for the year 2006-2007 was presented by Finance Minster K Anbazhagan on Saturday. As usual, the budget has promised a lot for Chennai. It aims at making Chennai an investment friendly hub.the various sops for Chennai are

1) The Chennai Metropolitan Development Authority and TamilNadu Housing board have initiated preliminary action in the regard of establishing satellite townships. A master plan will be formulate to provide basic amenities of power, roads, drinking water, sewerage an storm water drainage to meet the increasing demands of the Chennai Metropolitan area.

2)The minister promised a second TIDEL PARK

3)The government has decided to construct additional buildings for the Stanley Medical College at an estimated cost of Rs 5 crore.

4)Police have been empowered to curb drunken driving. Drunken driving can now lead to cancellation of licenses. It has also made it mandatory to paint the eye of headlamps.

5)The Madras High Court has been given the transfer of lands near Esplande belonging to the Tamil Nadu Express Transport Corporation.

6)300 acres of land at Oragadam near Chennai have been selected for establishing India’s most advanced automotive testing center. If this is implemented it will be the second automotive testing centre after the one in Pune.

I don’t understand why the government has to establish satellite townships, they will evolve on their own, it is sufficient if the government develops the infrastructure, rather than developing entire townships. Lot of those who work in the city live outside the city in satellite townships, beyond Tambram, if the government provides infrastructure to these areas rather than developing new townships. We all know the quality of government housing, and the government, with the current level of corruption can never provide quality housing, and secondly the areas identified will be areas where people choose not to live, or don’t wish to live, therefore the government is better off letting the market determine the location and merely providing infrastructure.

The second tidal park is also a unnecessary scheme, it is once again better to let the market develop these parks rather than the government directly developing them. The government is once again better off merely providing the infrastructure and providing transparency in the process.

The rest of the schemes are any long pending and over due ventures, the permission for the automobile testing centre was granted almost 2 years back, these have been just carried forward from the previous budget.

This budget promises to develop Chennai, whether it does that or not, it is a bonanza for those who are in power.

1 Comment so far

  1. Maruthu Pandian (unregistered) on July 24th, 2006 @ 8:08 pm

    You are dead on target, Vatsan.

    “The government is once again better off merely providing the infrastructure and providing transparency in the process.”

    If the administrators merely concentrate on these two we will go great heights.

    Great Post.



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