Kearney study recommends measures to improve Tamil Nadu’s fiscal capacity
Image used for representation | Photo Credit: Getty Images With a revenue deficit of ₹78,324 crore, an outstanding debt exceeding ₹10 lakh crore, and the own-tax-to-GSDP ratio at 5.45%, Tamil Nadu’s core challenge is not that it borrows too much; it is that it collects and spends less efficiently than comparable large States, says a…
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