Tamil Nadu Finance Minister N. Marie Wilson (centre right), and Additional Chief Secretary, Tamil Nadu Finance Department, M.A. Siddique (centre left), Secretary to Government (Expenditure), N. Venkatesh (right), and Deputy Secretary to Government C.A. Rishabh (left), releasing a White Paper on the Fiscal Management of Tamil Nadu, in Chennai on June 16, 2026. Photo: X/@TNDIPRNEWS
Tamil Nadu Finance Minister Marie Wilson on Tuesday (June 16, 2026) released a white paper on the State's finances, which faulted the previous DMK regime helmed by then Chief Minister M.K. Stalin.Addressing a press conference at the Secretariat, Mr. Wilson said Tamil Nadu has a "direct" debt burden of ₹10 lakh crore and ₹78,324 crore of revenue deficit, a "new high, not seen so far."As regards key metrics of SOTR (State's Own Tax Revenue) and GSDP (Gross State Domestic Product), it stood at 5.45%, which was pretty low.Soon after taking over as the Chief Minister, TVK founder leader C. Joseph Vijay had assured that his government would release a white paper on the State finances. Published - June 16, 2026 07:46 pm IST
