Chennai, Oct 16 (PTI) Tamil Nadu’s debt burden mounted due to a drastic decrease in the Central share, and as a result, the state government had to make up for the shortfall, state Finance Minister Thangam Thennarasu informed the Assembly on Thursday.

The state’s debts will decrease by Rs 3 lakh crore if the Centre released the pending dues, he said.

The tax revenues of the state declined due to GST rate rationalisation, and thus increased the state’s financial burden. The AIADMK, which is in alliance with the BJP should prevail upon the Centre and ensure devotion of funds to Tamil Nadu, he said. Show Full Article

“Don’t blame our fiscal management for the rising debts. The Centre’s share is decreasing. You can speak with the Union Finance Minister and ensure financial devolution to Tam

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