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23d ago

TVK Govt Releases White Paper on TN Finances, Cites Fiscal Stress

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The HinduSource

Tamil Nadu government released a white paper on the state's finances.

Verified Facts

  • Tamil Nadu's finance minister released a white paper on the state's finances.
  • The white paper alleges poor finances and fiscal stress under the previous DMK government.
  • Tamil Nadu's revenue deficit has reached Rs 78,324 crore.
  • Tamil Nadu's fiscal deficit stands at Rs 1.33 lakh crore.
  • Tamil Nadu's debt burden is reported to be Rs 10 lakh crore.

What They Said

"The report says the headline debt figure of ₹10 lakh crore in 2025-26 captures only the State’s direct borrowings through market loans, institutional debt, and public account liabilities; it does not capture the borrowings of the PSUs, statutory boards, and special purpose vehicles that the State guarantees or implicitly supports"
— White Paper (official statement)
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