First Vijay government budget: Why debt is Tamil Nadu’s biggest fiscal challenge

Tamil Nadu Finance Minister N Marie Wilson presented the first budget of Chief Minister C Joseph Vijay's government, emphasizing the state's debt issue. The government aims to grow the economy to $1.5 trillion by 2036, despite current challenges with a gross state domestic product of $350 billion to $400 billion. The budget highlights the need for sustainable financial practices moving forward.

Read the source (Indian Express Explained)

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