Chennai: Budget Shadow PMK for Finance 2021-22 Saying Tamil Nadu Must mobilize loans to ₹ 1 lakh crore tones, increase their total debt to ₹ 10 lakh crore including ₹ 4 lakh crore from public sector companies, to survive.
Ramdoss leader leader released a shadow budget in front of the young wing president and Rajya Sabha MP Anbumani Ramadoss on Monday.
The document said that per capita debt would become Rs 1.27 lakh and the core family of four members would have a debt of Rs 5.09 lakh.
The state must pay Rs 85,000 Crore as interest on the loan available by it.
The state must pay Rs 232 Crore a day to complete the loan.
The document said the state tax revenue was estimated to rs 1.35 lakh crore and its total income at Rs 2.18 lakh crore, but the state could not reach its target.
The revenue deficit is estimated to reach Rs 41,417 Crore and a fiscal deficit at RS 84,202 Crore.
The deficit will increase further, he said.
The domestic product of the dirty state of the state is estimated to reach Rs 23 Lakh Crore for the current fiscal year, but the state will struggle to reach the Crore Rs 20 Lakh.
The state will extend double citizenship for Tamil Sri Lanka.
The state will release educational loans available from public sector banks with educated unemployed youth.
The state will hold a caste census and will extend reservations for all communities based on their population share in the state.
All this, if PMK must present a budget.
PMK is the only party in the state that has released a shadow budget for the state and exclusive for agriculture ahead of the state budget.