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How One Rupee Is Mobilised? Tamil Nadu Government Explains

How One Rupee Is Mobilised? Tamil Nadu Government Explains

NDTV
Monday, February 19, 2024 07:09:43 PM UTC

The Tamil Nadu government took one rupee as a unit and in an explainer titled, 'How one rupee is mobilised', the state government said public debt and the State's own tax revenue constituted 32.4 per cent and 43.4 per cent respectively.

Following the budget presentation, the Tamil Nadu government on Monday came out with an 'explainer' to help people understand complex financial matters in simple and easy-to-comprehend terms.

For this, the government took one rupee as a unit and in an explainer titled, 'How one rupee is mobilised', the state government said public debt and the State's own tax revenue constituted 32.4 per cent and 43.4 per cent respectively.

Recovery of loans and capital receipt stood at 1.1 per cent and grants-in-aid from the union government was 5.2 per cent.

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