MK Stalin Challenges Vijay's Debt Claims After Tamil Nadu Oath Ceremony
MK Stalin Jabs Vijay Over "Rs 10 Lakh Crore Debt" Claim After Oath Ceremony
Ndtv
Image: Ndtv
MK Stalin, the former Chief Minister of Tamil Nadu and leader of the Dravida Munnetra Kazhagam (DMK) party, refuted new Chief Minister Vijay's claim of inheriting a ₹10 lakh crore (approximately $1.2 trillion USD) debt. Stalin emphasized the state's financial management and announced that Vijay's government may release a white paper on finances for transparency.
- 01MK Stalin contested Vijay's claim of a ₹10 lakh crore debt, stating it is within permissible limits.
- 02Vijay plans to release a white paper on Tamil Nadu's finances to ensure transparency.
- 03Stalin highlighted his government's welfare schemes despite challenges like COVID-19 and floods.
- 04Tamil Nadu's debt increased from ₹2.8 lakh crore in 2016-17 to ₹10.6 lakh crore in 2026-27.
- 05Vijay's government will focus on basic issues such as education, health, and women's safety.
Advertisement
In-Article Ad
MK Stalin (former Chief Minister of Tamil Nadu) quickly responded to new Chief Minister Vijay's claims regarding the state's debt during his inaugural speech. Vijay asserted that the Dravida Munnetra Kazhagam (DMK) left behind a debt of ₹10 lakh crore (approximately $1.2 trillion USD), prompting Stalin to clarify that the debt is manageable and within permissible limits. He urged the new government not to mislead the public about the state's finances, emphasizing that the DMK had successfully implemented various welfare schemes despite facing significant challenges like the COVID-19 pandemic and natural disasters. Over the past decade, Tamil Nadu's debt has surged from ₹2.8 lakh crore in 2016-17 to ₹10.6 lakh crore in 2026-27. In response to his election, Vijay announced initiatives including 200 units of free power supply and task forces for women’s safety and drug issues, while also committing to prioritize education, health, and support for farmers and fishermen. He will face a floor test in the Assembly by May 13.
Advertisement
In-Article Ad
The discourse around the state's debt may influence public perception and trust in the new government, affecting future policy decisions and governance.
Advertisement
In-Article Ad
Reader Poll
Do you trust the new Tamil Nadu government to manage the state's finances effectively?
Connecting to poll...
More about Dravida Munnetra Kazhagam
Read the original article
Visit the source for the complete story.







