Chennai: An hour earlier than Tamil Nadu Finance Minister PTR Palanivel Thiaga Rajan was set to launch a white paper on the state’s funds on Monday, AIADMK chief and former chief minister Edappadi Ok Palaniswami mentioned that it’s fallacious to say that the AIADMK authorities has mismanaged the state finance in an enormous approach.
Last week, the finance minister had introduced that he’ll launch a 120-page white paper on the state’s funds on Monday.
Speaking to reporters in Salem, he mentioned that the loans that had been obtained throughout the AIADMK authorities, had been invested in a number of initiatives, and even when the AIADMK authorities took cost in 2011, the state was reeling beneath mortgage burden.
He mentioned we have to implement a number of improvement initiatives to develop a state and for which, we have to get hold of loans. Not simply Tamil Nadu, a number of states within the nation have obtained loans to implement developmental initiatives, he added.
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During the AIADMK interval, we hadn’t elevated electrical energy tariff though bills together with workers’ wage and worth of uncooked supplies had gone up and in consequence, we ended up bearing losses, he mentioned and added that even throughout the DMK interval, the loss had incurred.
Pointing out that the DMK authorities is nearing its first 100 days of the ruling, he mentioned that the current authorities is inaugurating solely these initiatives that had been carried out throughout the earlier authorities and so they had not carried out lots of the initiatives that had been of their election manifesto.
“What happened to the DMK’s claim of scrapping NEET examination and bringing down the price of petrol and diesel immediately after swearing-in,” he questioned.
(With inputs from ABP Nadu — It is a Tamil platform of ABP News. For extra information, commentary and newest happenings from Tamil Nadu, comply with https://tamil.abplive.com/)
