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K.R. Shanmugam
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“the sustainable level of the debt-gross state domestic product (GSDP) ratio for the State is 23%.”
In the article
…Amid the raging debate over Tamil Nadu’s level of public debt, economic consultant to the State government, K.R. Shanmugam, says the sustainable level of the debt-gross state domestic product (GSDP) ratio for the State is 23%. Arguing the case for the reduction of the level from the existing 27%, Mr. Shanmugam says though the Fiscal Responsibility and Budget Management (FRBM) Committee headed by former civil servant N.K. Singh, in its report…
“it should avoid implementing the ruling Tamilaga Vettri Kazhagam’s main electoral promise of increasing the monthly assistance amount under the Magalir Urimai Thogai from the existing ₹1,000 to ₹2,500 for all women up to the age of 60 until fiscal consolidation is achieved.”
In the article
…growth, it can reach 23% by 2033-34. Strongly advocating expenditure rationalisation, Mr. Shanmugam adds that the government should not hesitate to drop outdated and unproductive welfare schemes. More importantly, it should avoid implementing the ruling Tamilaga Vettri Kazhagam’s main electoral promise of increasing the monthly assistance amount under the Magalir Urimai Thogai from the existing ₹1,000 to ₹2,500 for all women up to the age of 60 until fiscal consolidation is achieved. Published - September 04, 2026 05:26 pm IST…
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Named India · Tamil Nadu · K.R. Shanmugam · N.K. Singh · Tamilaga Vettri Kazhagam
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