TN Finance Minister Thennarasu refutes high debt growth claim, says rate was higher under AIADMK

“Are we the only state taking debts? For instance, India’s debt is Rs 181.74 lakh crore. Similarly, the US’s debt is Rs 3,149 lakh crore. TN’s debt is Rs 8.30 lakh crore. In that case, is the US economy 350 times worse off than us,” he asked.
These concerns were raised by senior AIADMK leader and Veppanahalli MLA
K P Munusamy, who questioned the possibility of TN becoming a trillion-dollar economy by 2030, as intended by the DMK government, when the debt keeps mounting.
Thennarasu said that the CM has eliminated the slackness in the economy after assuming power and the state’s economy is resilient with a strong foundation. He said the state’s growth rate for 2025-26 is projected to be 14.5% (at current prices), which, the minister contended, is twice the country’s growth rate.
Becoming a trillion-dollar economy is not impossible, considering measures taken by the CM, and if the state keeps propelling its economy at the same pace, he added.
Bid to divide AIADMK won’t succeed: EPS
Chennai: Amid continuing speculation about differences between former minister KA Sengottaiyan and himself, AIADMK general secretary Edappadi K Palaniswami on Monday asserted that no one could divide the party since it stands united. When asked why Sengottaiyan did not take part in the MLAs meeting on Monday also, Palaniswami quipped: “This question seems to be so important to you. Why are you (the media) so keen on dividing us? We are always united. No one can divide us.” Palaniswami also said, “Ever since I became chief minister, this plan (engineering a divide in the party) has been on. But we have been thwarting those plans. The AIADMK cannot be split,and frozen.”
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