How much will CM Vijay’s gold ring scheme for newborns actually cost Tamil Nadu exchequer
The Tamil Nadu Medical Services Corporation (TNMSC) has already issued the work orders to Joyalukkas and Kalyan Jewellers on 70:30 ratio to supply the first batch of 1.28 lakh gold rings among beneficiaries.
The Tamil Nadu government's Thaimaman Thanga Mothiram Thittam, or the Maternal uncle gold ring scheme, aims to encourage institutional deliveries and boost public confidence in the state's healthcare system by gifting gold rings to newborns in government hospitals. The scheme, announced as a pre-poll promise by Tamil Nadu's Chief Minister C. Joseph Vijay, involves two jewellery retail chains, Joyalukkas and Kalyan Jewellers, supplying approximately 1.28 lakh gold rings at a cost of around ₹220 crore for the first four months of the scheme.
Each 22-carat gold ring, weighing 1 gram, is expected to cost the government approximately ₹13,600–₹14,850, depending on prevailing gold prices. The scheme, which will officially launch on September 15, 2026, marks the birth anniversary of Dravidian icon CN Annadurai, and aims to provide a token of appreciation and remembrance to newborns and their families, while also promoting the cultural significance of gold gifting in Tamil Nadu.
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