White Paper highlights fiscal strain and intergenerational debt burden in Tamil Nadu

A White Paper on Tamil Nadu's finances has flagged the severe impact of revenue decline on the state's population. The document emphasizes that current government service beneficiaries are creating a fiscal burden for future taxpayers who will be responsible for servicing the resulting debt.

The White Paper describes this transfer of financial obligation from present to future generations as "the defining fiscal inequity" of the period under review, raising concerns about the state's long-term economic sustainability and public finances.