Earlier this month, Tamil Nadu Finance Minister PTR Palanivel Thiaga Rajan brought out a White Paper on the State's finances. The numbers make for a grim reading — the State’s debt burden is at ₹4.86 lakh crore; fiscal deficit at 4.43 per cent of GSDP, and public debt at ₹2.63 lakh per household. So, how did Tamil Nadu get here?
Credits
Story: B Baskar
Script: Akshaya Chandrasekaran & Nivedita V
Editing: Radhika SR