Will the Tamil Nadu budget solve the grim issues confronting the state ?
It appears that while taking more and more loans , there is no concern about the repaying capability , as even the interest burden has become a very big sum and requiring substantial segment of revenue to be used for the interest payment.
Even as the state is debt ridden, unnecessary expenses are being incurred in constructing memorials , opening parks etc. which are avoidable considering the Tamil Nadu’s finances at present and which can be postponed
Tax evasion due to corruption in administrative machinery are very high now.
Farmers in delta region are suffering as the government officials are said to be demanding bribe to complete the procurement process for paddy. Several other grave allegations are repeatedly published in the media
While the non issues are being discussed in high decibel , one is not sure whether the present budget will solve these grim issues atleast in part.
N.S.Venkataraman more