Tamil Nadu Flags Fiscal Concerns, Cites US Tariffs and Centre-State Accounting Issues
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Tamil Nadu Flags Fiscal Concerns, Cites US Tariffs and Centre-State Accounting Issues

Tamil Nadu's Finance Minister Thangam Thennarasu raised concerns at a pre-Budget consultation regarding the state's fiscal health. He highlighted issues such as delayed project funding, reduced GST revenues, and the impact of US tariffs on exports, which he warned could put 30 lakh jobs at risk. Thennarasu also pointed to accounting discrepancies with the Centre affecting the state's borrowing capacity and urged for corrections, particularly concerning the Chennai Metro Rail Phase-II project.

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