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Stalin says debt to GDP ratio has come down under DMK
The Morning Standard
|March 17, 2025
DISMISSING opposition claims of the increasing debt burden of the state government, Chief Minister MK Stalin on Sunday said that the DMK government has brought down the growth in debt substantially in the last four years, and that the loans being availed are an investment for the future generation.
Answering a question about the budget in his 'Ungalil Oruvan' video series, Stalin said, "If the criticisms are constructive, we can consider them. But when they make negative criticism just for the sake of it, it only shows their malice towards the state government."
Stalin pointed out that between 2011 and 2016, the growth of debt stood at 108%. This went up to 128% from 2016 to 2021. But after the DMK government assumed office, the debt growth was brought down to 93%.
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