AIADMK will ensure 150 working days under VB-G RAM G, says EPS

The AIADMK leader said during the Covid period, despite having virtually no tax, GST or excise revenue, the AIADMK government controlled price rise, avoided increasing electricity tariffs or taxes, and ensured financial stability without burdening the public.

In contrast, he said, now although revenues from excise and registrations have increased, the DMK government continues to rely heavily on borrowing, effectively pushing the state and its people into debt.

Palaniswami charged that TN has become the highest-borrowing state in India, with Rs 4.38 lakh crore borrowed in the DMK’s first four years, Rs 1 lakh crore more in the current year, and a projected total debt of Rs 5.38 lakh crore by the end of its five-year term.

Pointing out that this debt exceeds the cumulative borrowings of all governments in the state until 2021, including the Covid period, the AIADMK leader questioned the justification for such large borrowings “in the absence of major new projects, infrastructure works, or institutional expansions”. He wondered where the borrowed money had gone.

Later, at a public meeting in Sholinganallur, former governor of Telangana Tamilisai Soundararajan presented a gold-plated sceptre to Palaniswami. Other BJP functionaries also took part in the meeting.

EPS said during Stalin’s recent visit to Germany, it was announced 922 pacts were signed, investments worth Rs 10.62 lakh crore were secured, and employment would be generated for 32.81 lakh people. It is now being claimed that 77% of these agreements have been implemented. “If that is the case, then around 25 lakh people should have received jobs. But that did not happen,” he added.