“Tamil Nadu budget is very proactive and a remarkable one. Bringing down the fiscal deficit to below 3 per cent of GSDP is the biggest plus for the State's economy,” said Mr Rafeeque Ahmed, Chairman, FICCI TNSC.

Introduction of Samadhan schemes for traders and property owners, and the proposal for additional 3,300 MW of power generation are welcome measures. Introduction of mega city development plan at a cost of Rs 500 crore and the proposed thrust on minor ports too will being in more investments to the State, he said in a press release.