The Hindu·4 min read·medium
Tamil Nadu’s debt will continue to rise, says Finance Secretary
T
The Hindu Bureau
✦AI Summary
Tamil Nadu Finance Secretary M.A. Siddique stated that the state's debt is expected to rise despite ongoing fiscal consolidation efforts. The government maintains that current spending on welfare schemes is essential for social and human capital development.
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).
economypolitics
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