PTR palanivel thiyagarajan reduced 16000 crores of tamilnadu borrowings | MKStalin Washington Siva |

Washington siva, a political analyst praised PTR for cleared tamilnadu loans by 16000 crores in just 18 months, as it is a great achievement though he hailed tamilnadu's finance minister's progressive financial measures and actions .

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Tamil Nadu’s net market borrowings (after adjusting for repayments) has been down about 57% to ₹12,028 crore so far in the fiscal 2022-23 (till July), from ₹28,000 crore in the same period last year, according to data from the Reserve Bank of India (RBI).

Tamil Nadu Finance Minister PTR Palanivel Thiagarajan said,” In Tamil Nadu, the inflation level is about 2.5% lower than the national average. The reason for the low inflation rate in the state is the extensive PDS system. So, food inflation in the state is low.”

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