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A high-level committee headed by former Governor of Reserve Bank of India (RBI) C Rangarajan has recommendeded the Tamil Nadu Government to come out with an urban employment guarantee scheme, increase capital expenditure by Rs 10,000 crore and set up a Rs 3,200 crore fund to support construction workers.
The committee was set by the State Government to recommend measures to bring the state back on the growth path post the pandemic lockdown.
The committee has submitted its report to Chief Minister K Palaniswami and Deputy Chief Minister O Panneerselvam.
Speaking to reporters, Rangarajan the state economy is estimated to grow in 2021
