"This Budget underscores the commitment of this Government to deliver on the promises made to the people, without wavering from the path of prudent fiscal management, in spite of numerous challenges," he said. The State's Own Tax Revenue has been estimated at ₹1,95,173 crore in the Budget Estimates 2024-25, which is a growth of 14.71% over the Revised Estimates 2023-24.

This includes ₹1,43,381 crore from commercial taxes, ₹23,370 crore from stamps and registration, ₹12,247 crore from state excise and ₹11,560 crore from motor vehicle taxes. In anticipation of sustained levels of collection from the State's Own Non-Tax Revenue, an amount of ₹30,728 crore has been estimated in the Budget Estimates 2024-25.

"As the GST compensation dues will completely end from the coming year, there is a reduction in Grants-in-Aid in the Budget Estimates 2024-25, as compared to the Revised Estimates 2023-24. The Grants-in-Aid are estimated to be ₹23,354 crore. Based on the allocation made in the Union Budget 2024-25, the estimates fixed for Share in Central Taxes for the year 2024-25 are ₹49,755 crore." Earlier, he made a number of announcements related to various sectors.

They included the "Kalaignarin Kanavu Illam," a housing scheme named after the late DMK patriarch and former Chief Minister M Karunanidhi. As per the scheme, 8 lakh concrete houses will be constructed across the state to make TN 'hut-free' by 2030. The government earmarked ₹3,500 crore for the initiative.

"The selected beneficiaries will be provided with house sites in case they are landless and will be provided with funds for constructing the house directly into their bank accounts," the minister announced. The government said the Budget was aimed achieving the "7 grand Tamil dream". These were social justice, welfare of the marginalised, transforming Tamil youth as global achievers, knowledge-based economy, sustainable future and Tamil language and culture, according to the government. 

Among others, Thennarasu announced allocating ₹300 crore in budget for civic amenities including roads for areas nearby city corporations. He said the state has made very significant progress in poverty reduction through its welfare schemes. The NITI Aayog has said that people below poverty line in Tamil Nadu was only about 2.2%, he added.