Ready to quit MLA post if TVK government reduces annual borrowing: ex-Finance Minister Thangam Thennarasu

Former Tamil Nadu Finance Minister Thangam Thennarasu stated he would quit his MLA position if the TVK government reduces the state's annual borrowing levels.

In comments comparing Tamil Nadu's fiscal management with Gujarat's, Thennarasu noted that Gujarat does not implement the same level of welfare schemes that Tamil Nadu provides. He highlighted the difference in interest payment obligations between the two states as part of the broader discussion on government borrowing and expenditure priorities.