The Hindu·3 min read·medium
Tamil Nadu Assured Pension Scheme will be implemented as soon as Centre sanctions borrowing of ₹11,000 crore, says Marie Wilson
T
The Hindu Bureau
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Tamil Nadu Finance Minister Marie Wilson stated that the state's Assured Pension Scheme is contingent on federal approval for borrowing. The government is currently managing significant fiscal deficits while attempting to implement manifesto promises.
Tamil Nadu Finance Minister Marie Wilson said on Monday that the Tamil Nadu Assured Pension Scheme (TAPS), introduced by the DMK government, would be implemented if the Union government granted sanction for borrowing the ₹11,000 crore earmarked for the scheme.
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