Tamil Nadu News

CAG Report on Tamil Nadu 2026

September 11 , 2026 29 days 552 0

The Comptroller and Auditor General of India (CAG) report on Tamil Nadu’s State finances for 2024–25 was tabled in the State Assembly.
Tamil Nadu’s Gross State Domestic Product (GSDP) grew by 15.98%, compared with 13.34% in 2023–24.
The State’s total debt reached ₹8.53 lakh crore, with a debt-to-GSDP ratio of 27.38%.
Tamil Nadu contributed 9.43% of India’s Gross Domestic Product (GDP) and continued to have higher per capita income than the national average.
Revenue deficit increased from ₹45,121 crore in 2023–24 to ₹45,840 crore in 2024–25.
The Committed expenditure on salaries, pensions and interest payments was ₹1,76,676 crore, about 53.75% of revenue expenditure.
Interest payments used nearly 21% of revenue receipts, while subsidies formed 16% of revenue expenditure.
State failed to meet the Fifteenth Finance Commission (15th FC) projection of achieving a revenue surplus, despite the increase in GSDP.
The State’s committed expenditure - expenses on salaries and wages, pensions, and interest payments added up to ₹1,76,676 crore – making up almost 53.75 per cent of the Revenue Expenditure and 62.47 per cent of total Revenue Receipts respectively.
the report said that the subsidies provided by the State made up for 16 per cent of total revenue expenditure, an increase by ₹14,854 crore (39.35 per cent) over the previous year.
This surge was mainly attributable to the schemes viz., Magalir Urimai Thogai Scheme and subsidy extended to TNEB on behalf of farmers using farm pump sets during the year.
The total debt ballooned to ₹8.53 lakh crore with debt-to-GSDP ratio being 27.38 per cent, falling within the target range of 28.90 per cent fixed by 15th Finance Commission and Tamil Nadu Fiscal Responsibility Act.
The official report by Comptroller and Auditor General of India’s report titled “State Finances for the year 2024-25” was tabled in the State Assembly.