Tamil Nadu Finance Minister N Marie Wilson on Wednesday presented the TVK government’s first Budget in the Assembly and hailed Chief Minister C Joseph Vijay for several initiatives, including halting the practice of “cut” in tenders for some parties and individuals.

The government also allotted over Rs 1300 crore for two gold assistance schemes —  both key promises of the TVK, while asserting steps were being taken to bring Tamil Nadu out of “financial crunch.”