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Department of Finance (Tamil Nadu)
Government department of Tamil Nadu state, India From Wikipedia, the free encyclopedia
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The Department of Finance is one of the departments of Government of Tamil Nadu. It is responsible for managing the public finances and presenting the budget of the state government.
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Objective
The department is responsible for managing the public finances of the state government.[1] It is responsible for the preparation of the state budget and presenting it to the Tamil Nadu Legislative Assembly every year.[2]
Sub-divisions
The following sub-departments are under the administrative control of the finance department.[2]
- Treasuries and accounts
- Local fund audit
- Small savings
- Government data center
- Co-operative audit
- Internal and statutory boards audit
- Pension
Finances
As of 2022[update], Tamil Nadu's GSDP was ₹23.65 lakh crore (US$280 billion), second highest amongst Indian states.[3] For the financial year 2023–24, the projected expenditure is ₹3.65 lakh crore (US$43 billion) against a projected revenue of ₹2.73 lakh crore (US$32 billion) with the fiscal deficit at ₹0.92 lakh crore (US$11 billion).[4]
See also
References
External links
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