7 months ago
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Tamil Nadu Finance Minister Thangam Thennarasu connected Thursday said successful the Assembly that the State’s indebtedness could beryllium reduced by astir ₹3 lakh crore if the Union authorities releases pending dues to the State.
While responding to AIADMK MLA P. Thangamani, who spoke astir the simplification successful GST rates during the treatment connected demands for archetypal supplementary grants, Mr. Thennarasu said owed to GST complaint rationalisation, the taxation revenues of States person declined, thereby expanding their fiscal burden. He besides said that the Union authorities had not released the GST Compensation Cess owed to the State.
He said the AIADMK, which is successful confederation with the BJP, should impulse the Centre to merchandise Tamil Nadu’s pending dues. Leader of the Opposition Edappadi K. Palaniswami intervened and said that the DMK and its allies, who person 39 MPs successful the Lok Sabha, should rise this contented successful the Parliament.
Meanwhile, Chief Minister M.K. Stalin said that MPs from Tamil Nadu person been continuously raising the contented successful the Lok Sabha and the State authorities has been consistently pressing it successful GST Council meetings. He accused the BJP authorities astatine the Centre of acting with bias and said helium had repeatedly raised the contented of pending dues to Tamil Nadu during his meetings with the Prime Minister. He besides urged the AIADMK to exert unit connected the Centre.
Mr. Palaniswami said erstwhile helium met Union Home Minister Amit Shah, helium had requested the merchandise of funds for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to the State, pursuing which the funds were released. Minister for Rural Development I. Periyasamy intervened and said that implicit ₹1,000 crore was inactive pending to beryllium released to the State by the Centre.
Mr. Thennarasu said that the DMK authorities has been paying ₹1.40 lakh crore arsenic involvement connected the indebtedness inherited from the erstwhile AIADMK regime. During the AIADMK regime, Tamil Nadu’s indebtedness roseate to ₹2.11 lakh crore successful 2015-16, an summation of 108% from 2011-12. Subsequently, by the extremity of the adjacent AIADMK tenure betwixt 2016-17 and 2020-21, the State’s indebtedness accrued further to ₹4.80 lakh crore, marking a 128% rise. Currently, the State’s indebtedness stands astatine ₹9.21 lakh crore, a comparatively little summation of 93% during the DMK’s tenure, the Minister added.
