The record
Written from the 1 report below. Nothing here is unsourced.
- The Pattali Makkal Katchi released its second consecutive Shadow Economic Survey for Tamil Nadu ahead of its Shadow Budget presentation.
- The report claims the state mobilised only ₹1,92,493 crore against a projected own tax revenue of ₹2,20,895 crore, a 13% shortfall, with GST, stamp duty, and motor vehicle tax all missing targets.
- It also flags rising revenue expenditure, no increase in capital expenditure, and total state debt projected at ₹16.70 lakh crore with ₹80,000 crore in interest payments due in 2026-27.
- The party suggested raising own tax revenue by 7% over five years, boosting growth to 12%-13%, and increasing the states' share of the central tax pool to 50%.
What to watch next
- Details of the PMK Shadow Budget presentation following the survey
- Whether measures like the farm loan waiver, free electricity enhancement, and Tasmac outlet closures widen the 2026-27 revenue deficit as the report predicts
- Responses from the Tamil Nadu government or official budget documents addressing the claimed revenue shortfalls
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Named India · Tamil Nadu Government · Pattali Makkal Katchi · Union government
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