3 weeks ago

DMK MLAs Wear Black Shirts Ahead of Tamil Nadu Budget

DMK MLAs Wear Black Shirts Ahead of Tamil Nadu Budget
DMK MLAs Wear Black Shirts Ahead of TN Agriculture Budget · deccanchronicle.com

In a place in India called Tamil Nadu, the grown-ups who run the state showed everyone a big money plan called a budget.

The budget tells people how the government will spend money in the coming year.

Some of the politicians, who belong to a group called the DMK, did not like the plan at all.

They wore black shirts to the big meeting to show they were upset.

Their leader, Mr. Stalin, said the plan was just a copy of older plans and did not help farmers enough.

Another DMK leader said the government is borrowing too much money, like using a credit card too much.

The government says its plan will make Tamil Nadu very rich and successful by 2031.

It wants to fix thousands of schools and give laptops to college students.

So some people think the budget is great, while others think it is a waste.

That is why everyone is talking about it.

Key facts

State
Tamil Nadu
Event
Presentation of the 2026-27 state budget and the Agriculture Budget
Finance Minister
Marie Wilson
Economic target
USD 1.5 trillion economy by 2031
School modernisation
Rs 300 crore for 3,734 government schools
Super Clean, Super Campus
Rs 139 crore first phase covering 10,000 schools
Net borrowing (per Thennarasu)
Rs 22,000 crore
Debt warning (per Thennarasu)
Rs 20 lakh crore by end of five-year term if trend continues

Quotes

Thangam Thennarasu

Former Tamil Nadu Finance Minister and DMK MLA

“The state's net borrowing now stood at Rs 22,000 crore and warned that, if the trend continued, Tamil Nadu's debt could reach Rs 20 lakh crore by the end of the government's five-year term.”
deccanchronicle.com

Sources

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