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The Hindu
The Hindu
National
T. Ramakrishnan

For most of the last six years, Tamil Nadu saw declining proportion of own revenue to expenditure

For most of the last six years, Tamil Nadu witnessed a declining trend in the proportion of its own revenue to the revenue expenditure.

If a State is able to achieve a higher proportion, its reliance on other sources, including borrowings, proportionately goes down. Revenue deficit will be lower.

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