The Tamil Nadu Government has reduced the price of petrol by Rs 3 per litre from midnight tonight. The Government in its revised budget stated that as soon as the impact of the Covid-19 pandemic is overcome, deeper reforms will be undertaken to ensure that Tamil Nadu's debt is corrected without any delay.<br />'' <br />'' The budget has scaled down the revenue receipt estimates of the state for the current fiscal by over Rs 16,000 crore in comparison with February 2021.<br />'' <br />'' Reacting to the slash in petrol prices, the Tamilnadu Food grains Merchants Association has said that a cut in the tax on diesel would reduces transportation charges of goods and would benefit the common man.<br />'' <br />'' Finance Minister Palanivel Thiyagarajan presented the first  E budget today in the State Assembly. The budget session will conclude on September 21.<br />