Impact After Term | 03 : Reducing the Revenue Deficit While Expanding Welfare When the DMK Government assumed office in 2021, Tamil Nadu was confronting one of the gravest fiscal crises in its history amid the devastating second wave of COVID-19. The State inherited a revenue deficit of nearly... ₹62,000 crore alongside severe economic distress. With the support and guidance of the then Chief Minister Thiru. M.K.Stalin, Dr. Dr P Thiaga Rajan (PTR), as Minister for Finance & Human Resources Management, pursued structural reforms and welfare expansion despite severe fiscal constraints. The White Paper on State Finances released in August 2021 exposed the scale of fiscal stress and laid the foundation for long-term reforms, including data-centric governance measures aimed at improving beneficiary targeting and reducing leakages. Even during this crisis, the Government implemented welfare measures on an unprecedented scale — ₹4,000 COVID relief assistance and grocery support for 2.1 crore ration cardholders at a total cost of ₹9,370 crore; nearly ₹9,000 crore towards crop, jewel, and SHG loan waivers; over ₹2,200 crore for free bus travel for women; ₹698 crore for Pudhumai Penn; and a ₹3 per litre reduction in petrol tax despite an annual revenue impact of ₹1,160 crore. Despite these large-scale welfare commitments, unprecedented and difficult fiscal reforms helped reduce the inherited annual revenue deficit by roughly half within two years — demonstrating that fiscal discipline and social welfare need not be pursued at the expense of one another. — Admin Teamshow more

Sir thanks for your SM presence. Take a well deserved break and come back even stronger...

@PrasadnPMS These were real and structural adjustment made by you as FM & DMK Govt. Our Tamil voters instead of appreciating such outcomes & remembering those feats, choosing a govt so that they would get 5 shows in a day for movies. No doubt, people got what they deserved.

Again saying... You are removed because DMK isn't your brand of politics. TVK suits you better.

@marimuthume The current regime does not know even basics of economic and cash managment I doubt they will understand what you are saying. Perhaps TN people deserve for electing the clowns.

Makkal epdi idhayellam marundhu ipdi oru nadaga karanuku vote potanga. Ayyo , yen naadu ipdi naasama poche !!!!

Facts are fine, but don’t mix timelines. The ₹62,000 cr deficit reduction to ~₹30,476 cr was a 2021–23 DMK Budget claim. COVID relief, loan waivers, free bus travel, Pudhumai Penn and petrol tax cut were also DMK-era measures. CM Vijay’s Govt is barely over two weeks old; cabinet completed only on May 22. A new Govt must be judged by its own Budget, RE numbers and delivery — not by another Govt’s 2-year performance post.

Wonder how this fit in! When you believe only advertising model works!

@arockiammathi I can’t believe that People voted for the wife cheater… DMK gave good governance and good welfare schemes… state was on growth trajectory… this TVK regiem is going to be a disaster for TN 😢

@Giridharan_27 Legend! Kindly avoid giving them ideas. Generally when both DMK n ADmk directly faced each other, either one won. But in your constituency how come it didn't happen. Machine magic has happened. Expecting You to be back with DMK ID.

In May 2023, PTR was moved from Finance to IT. Public funds managed in welfare schemes! Peak elevation.

PTR should have continued as FM for the full term. That allegations should have been ignored

Incredible achievement in a critical was an unfortunate decision to replace him from body is perfect!

VEKKAM MANAM SUDU SORANAI irukkka aaaaaa

@jokinjey Thank you

திரு. PTR அவர்கள் தலைவர் திரு.மு.க.ஸ்டாலின் அவர்களின் வழிகாட்டலில் இந்திய ஒன்றியத்தின் நிதியமைச்சராகி இந்திய பொருளாதாரத்தை உயர்த்தி வல்லரசாக்க வேண்டும். இது இந்திய மக்களின் ஆசை.

Pls start ur own party or join one which values u. Doesn't behove a man of your standing to be in a party that shifted u from finance which is ur core domain. But even now,u r trying all tricks to curry favour with ur leadership. Why would u want to do this against ur conscience?

@Hereprak Is any one think of the caliber from any source , other than this son.of soil, the most respected family, Dr Palanivel Thiaga Rajan, the legendary.

@Morgan624386305 🖤❤️💯🔥🔥

Waste man of India Ptr U can't fix the flith Kicked out Get lost 👿

Itha nenga Tamil la publish pannale anils Ku puriyathu. Video va podunga. Appavim puriyathu but oru try.

Tamil Nadu debt when DMK took office in 2021: ~₹4.57 lakh crore. Projected debt by end of the term / Mar 2027: ~₹10.7 lakh crore. That’s an increase of over ₹6 lakh crore — more than doubling in one tenure. Numbers speak. People can judge. Dmk is Corrupt to core 😡

Ok good. What was the revenue deficit when DMK govt handed over to TVK?

neenga dhan post potenganu read pannalam nu ninachen. ana, admin dhan post podurangala , apo venam

Put it in tamil also please...

You were a terrific minister and party leader.

Sir what happened to your rest period?

வணக்கம்.. என்னப்பா இப்படி பண்ணுறீங்க ரெம்ப புலம்பாதீர்கள் திருச்செந்தூர் சென்று முருகனுக்கு மொட்டை போடுவதாக வேண்டி கொள்ளுங்கள்

Can anyone from tn fact check his lies.

ivanuga atchi vittu thurathunalum ivanaga yennamo india ke ivanuga than freedom vangi kuduthamari daily post poi vella vetti iruntha paruga 5 varusham ippadi ye va polaba poriga

honestly, cutting deficits while boosting welfare sounds good on paper until you see where the money actually comes from

how good/bad is the fiscal condition after the 5years of @arivalayam rule Sir? you must call spade a spade. Can you inform if fiscal condition is OK now? note you were pushed out of finance for whatever the reasons but as an expert you owe an answer to the people.

Yes sir, Its indeed a lesson in financial management , The post misses some details on how the revenue was increased ( Municipal taxes,collection of Backlogs,removal on encroachments etc),They are all well executed plans and timed quite well and then proceeds was spent on Infra.

Cutting the revenue deficit after COVID is welcome. But the real question is: was it driven by structural reform, or post-pandemic revenue recovery? Welfare spending matters but fiscal health is measured not by announcements, but by jobs, growth and sustainable finances.

so central government support panala... yarum covid timela financial support pananla... dumeel mannaran kompany than ellam vela paathuchu adana...