Tamil Nadu Chief Minister Vijay, heading the TVK government, presented the state budget for 2026, announcing a mix of farm incentives and new welfare schemes. The government will offer a special incentive of ₹289 per quintal for fine varieties of paddy, on top of the minimum support price (MSP). Paddy procurement under this scheme is set to begin in September. The budget also includes a historic hike in special incentives for sugarcane growers, though the exact amount was not specified in the reports.
Among the welfare measures, the budget introduces gold rings for newborns, a silk saree scheme, and a subsidy for Hajj pilgrimages. To fund these initiatives, the TVK government expects to raise up to ₹1,000 crore in additional revenue by charging a special fee on liquor manufacturing units.