❖ The number of private sector projects in Tamil Nadu financed by banks and financial institutions increased to 83 in 2023-24 from 44 in 2022-23.

❖ The State’s share in overall project cost of ₹3,90,978 crore dipped to 3% in 2023- 24.

❖ The State’s share was 4.8% in the total cost of ₹2,66,546 crore in 2022-23.

❖ The number of private projects sanctioned by banks and financial institutions in Tamil Nadu was 40 in 2021-22.

❖ The state-wise distribution of projects sanctioned by banks and financial institutions revealed that the top five states viz., Gujarat (14.7%), Maharashtra (11.7%), Karnataka (11.1%), Andhra Pradesh (10.1%) and Uttar Pradesh (7.6%).

 ❖ They had together accounted for about 55 per cent of the total cost of projects sanctioned during 2023-24.

❖ Tamil Nadu ranks only at 12th place in 2023-24 in terms of share in total project cost, when compared to no 1 position in 2018-19.