The Hindu·3 min read·hard
Tamil Nadu Budget 2026: State’s debt will continue to rise, says Finance Secretary
T
The Hindu Bureau
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Tamil Nadu's Finance Secretary M.A. Siddique stated that the state's debt will continue to rise despite recent fiscal management efforts. The government is focusing on increasing revenue through commercial taxes and GST to manage a significant budget deficit.
Tamil Nadu’s debts cannot be reduced and will only increase each year, the State’s Finance Secretary M.A. Siddique said in Chennai on Wednesday (August 5, 2026).
economypoliticsbusiness
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