I took some time to review the White Paper published by the TVK Govt on the state of Tamil Nadu's finances.
No surprises, as most of it was already known. In many ways, it serves as a post-mortem of the State’s fiscal mismanagement over the past five years, laying bare the extent of the deterioration and benchmarking Tamil Nadu’s key financial indicators against those of other similarly industrialised states.
-₹10 Lakh crore outstanding debt & per capita outstanding debt at ₹1,28,934
-Interest payments at 22.8% of total revenue receipts.
-State’s own tax revenue (SoTR) to GSDP ratio fell from 5.93% in 2021-22 to 5.45% in 2025-26.
-Major State PSUs in power, transport, and civil supplies hold a combined debt of ₹3.18 lakh crore.
-Revenue loss due to systemic corruption, suppressing registration revenues by undervaluing real estate prices and many more.
The shrinking working-age population in TN by 2031 leaves the state with very little time to recover and strengthen its revenue base. This is a serious issue!
The TVK Govt, therefore, has very little time at its disposal and must not treat this White Paper as an excuse for non-performance; instead, it should explore ways to repair the damage done. I propose that the government form a “functional” consultation group that includes not only academicians and economists but also experts from all fronts to find constructive ways to mitigate the crisis at hand.
@ScuderiaFerrari@Charles_Leclerc Have some shame ferrari , double stacking behind a guy serving 5 sec penalty , amazing strategy.. time for leclerc to move to a team where he is respected .. ferrari can bootlick Vasseur and merc guy forever..
@F1 Time for Leclerc to move out of ferrari , double stacking with a guy who has 5 sec penalty , ferrari under vasseur is a disgrace to legacy of ferrari and to all diehard fans from Schumacher tume Hamilton will be always a merc guy pampered by Vasseur..
Japanese marathon runner Rei Iida showed incredible determination by crawling the final 300 meters after breaking her leg near the finish line, all to make sure her team could still compete.
Growing up is realising that in Titanic, Rose decides to throw away a $250 million pendant in memory of an unemployed man with whom she had sex one time.
Meanwhile, her husband worked hard all his life to maintain her and give her and her children a life of luxury, and he would surely have also appreciated the inheritance and lived peacefully.
She could have also given the pendant to her granddaughter, who took care of her her whole life.
The real villain of the movie was Rose.
Lots of people have strong opinions
about Qatar.
I think one of the most over looked parts of this whole week is the fact that @Boeing failed to make a plane for the President of the United States.
That is very embarrassing for Boeing.
Surprised they aren’t more ashamed.
McDonald’s Price Increases from 2019 to 2024
Medium French Fry $1.79 -> $4.19
McChicken $1.29 -> $3.89
Big Mac $3.99 -> $7.49
10 McNuggets $4.49 -> $7.58
Cheeseburger $1.00 -> $3.15
Some of this is over a 200% increase in price. This isn’t inflation, it’s robbery.
Spoke with US @SecRubio this evening.
Deeply appreciate US commitment to work with India in the fight against terrorism.
Underlined India’s targeted and measured response to cross-border terrorism. Will firmly counter any attempts at escalation.
🇮🇳 🇺🇸
@MeghUpdates Wait for So called supreme court to rule against this judgement.. high court ruling have more common sense by law then biased political supreme court without any accountability..
Angel Parents tell their story at the White House. ⬇️
"We thank the Trump administration from the bottom of our hearts—without them, there would be no justice for my daughter."