Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
Sanjay Vijaykumar

Freebies vs State’s finances

Manifestos of both the AIADMK and the DMK for the 2021 Assembly election have a slew of freebie announcements, which raises questions about their impact on the State’s finances. The recent report of the 15th Finance Commission pointed out that the profligacy during 2014–2016 (in the run up to the election in May 2016) perhaps had a telling effect on the fiscal indicators of the State. It can be recalled that Tamil Nadu moved from a revenue surplus to a revenue deficit State after 2012-13.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.