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TVK govt releases white paper on TN’s finances
Hindustan Times Pune
|June 17, 2026
Tamil Nadu’s finance minister N Marie Wilson, on Tuesday released a white paper on the state’s finances -- a pre-poll promise by chief minister C Joseph Vijay that is part of an effort to highlight that the previous DMK government left the state’s finances in a precarious position.
To be sure, Wilson said that there would be no new taxes.
According to the document, Tamil Nadu’s outstanding debt almost doubled in five years from ₹5.13 lakh crore in 2021-22 to ₹10 lakh crore approximately in 2025-26; its interest payments rose from ₹41,564 to ₹67,050 crore in the same period; and the state’s revenue deficit in 2025-26 was higher than Karnataka’s and Maharashtra’s, at ₹78,324 crore; and the state’s own tax revenue to GSDP ratio was only 5.45%; and committed expenditure has squeezed out capital expenditure.
“Today I lay open the financial books of the state of Tamil Nadu before you... This is an analytical framework built with complete transparency and entirely based on evidences,” Wilson said.
Cette histoire est tirée de l'édition June 17, 2026 de Hindustan Times Pune.
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