Tamil Nadu Finance Minister Marie Wilson on Tuesday (June 16, 2026) released a white paper on the State's finances, which faulted the previous DMK regime helmed by then Chief Minister M.K. Stalin.
Addressing a press conference at the Secretariat, Mr. Wilson said Tamil Nadu has a "direct" debt burden of ₹10 lakh crore and ₹78,324 crore of revenue deficit, a "new high, not seen so far."
As regards key metrics of SOTR (State's Own Tax Revenue) and GSDP (Gross State Domestic Product), it stood at 5.45%, which was pretty low.
Soon after taking over as the Chief Minister, TVK founder leader C. Joseph Vijay had assured that his government would release a white paper on the State finances.
Published - June 16, 2026 07:46 pm IST