Doubled debt, own-tax collapse & a white paper calling it structural—the economy TVK govt inherited

Doubled debt, own-tax collapse & a white paper calling it structural—the economy TVK govt inherited

Tamil Nadu's debt reached Rs 10 lakh crore (28.3% of GSDP—highest among peer states); own-tax revenue fell to a 20-year low, forcing interest payments to exceed capital expenditure by one-third. Fiscal deterioration constrains infrastructure investment in India's leading manufacturing hub, raising execution risk for supply-chain and digital transformation projects.