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The Hindu
The Hindu
National
T. Ramakrishnan

A year on, govt. toes the path of fiscal prudence

The DMK government, which steps into its second year in office on Saturday, appears focussed on ensuring that fiscal consolidation gains momentum in the coming months.

Indicating this, a senior official says the government has taken several measures in a quiet way. For example, the Tamil Nadu Urban Habitat Development Board, earlier known as the Slum Clearance Board, has been advised to give up projects for construction of homes where there is no demand. Likewise, the Tamil Nadu Generation and Distribution Corporation (Tangedco) and the Tamil Nadu Civil Supplies Corporation have been told to take cost-saving measures. “We are particular that there should be no profligacy in spending,” the official points out.

A “continuous review” of the government schemes is under way. As part of this exercise, the government decided to scrap a marriage assistance scheme because of there were discrepancies. The review, coupled with the data purity project and the data-centric governance, is bound to yield fruits. “It may take some more time to witness tangible results,” the official explains.

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