News > Tamil Nadu on verge of bankruptcy, alleges Annamalai
Tamil Nadu on verge of bankruptcy, alleges Annamalai

Dtnext | 22/12/2024 04:09 PM | Click to read full article
Citing the CAG report, Annamalai claimed that the state's debt has ballooned to Rs 8.5 lakh crore. The former IPS officer also highlighted the plight of educational institutions in the state, where internet connections have been disconnected in 385 offices due to non-payment of fees for several months. Annamalai asked about the DMK government's utilisation of the state's tax revenue and GST funds, which account for about 70% of the state's revenue.