TAMIL NADU BUDGET SHOWS THE MODEL TO SHUN FISCAL PROFLIGACY
CHIEF MINISTER M K STALIN SHOWED THE POLITICAL WILL TO CHECK DEFICIT
2022-03-22 10:39
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It really goes to the credit of Tamil Nadu Finance Minister Palanivel Thiaga Rajan in crafting this year’s state budget in a manner to reign in on fiscal deficit at difficult covid times without burdening the common man with more and new taxes. There is a lesson for other states on how to manage the state’s economy with fiscal prudence while at the same time increasing allocation to critical sectors like education and measures to step up investment particularly MSMEs to kick-start the economy. It is a bold budget as well as for the first time in recent history, the budget has not offered any goodies to people.