Innovative measures needed to correct TN s finances
By IANS |
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New Currency Notes of Rs 200 denomination. (File Photo: IANS). Image Source: IANS News
Chennai, May 7 : Innovative measures are needed to correct Tamil Nadu s financial position, said state s Finance Minister Palanivel Thiagarajan.
Speaking to a television channel soon after being sworn in as the Finance Minister, Thiagarajan said the state government s finance went bad during the past seven years.
Thiagarajan said the standard methods will not be able to bring back the state finances to comfortable levels and it needs some innovative measures.
The state s debt is about Rs 5 trillion.
Hailing from a political family Thiagarajan did his schooling at the Lawrence School, Lovedale and graduated from National Institute of Technology, Tiruchirappalli (formerly Regional Engineeringn College).
List of ministers in MK Stalin’s Tamil Nadu cabinet – finance minister, home minister and other key posts
May 7, 2021
Chief Minister
DMK president MK Stalin is the state’s next chief minister. He will also be heading the home ministry.
Credit: BCCL
Finance Minister
Palanivel Thiagarajan will be the next finance minister. He is a graduate of National Institute of Technology, has a doctorate in applied computers from State University of New York and an MBA in finance from the Sloan School of Management at MIT.
Credit: Wikimedia
Minister for Public Works
Credit: EV-Velu
Minister for Water Resources
Durai Murugan will be handling the Water Resources ministry. As the state has been grappling with water shortage, this is looked at as a major portfolio.
Stalin to head 34-member Cabinet, swearing-in ceremony on May 7
May 06, 2021
DMK President MK Stalin handing over a letter of his election as Legislature Party Leader to Governor Banwarilal Purohit on Wednesday - PTI
DMK President MK Stalin handing over a letter of his election as Legislature Party Leader to Governor Banwarilal Purohit on Wednesday - PTI×
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