Tamil Nadu Finance Minister Palanivel Thiaga Rajan on Monday said while higher inflation was a bit of a problem, it won’t seriously damage the State’s economy.
He was delivering the inaugural address at a session organised by Confederation of Indian Industry in partnership with the Government of Western Australia on ‘Celebrating 25 years of Western Australia’s presence in India’.
Mr. Rajan pointed out that Tamil Nadu had reduced its revenue deficit and the stated goal was to be in revenue surplus in two years. He said the State would comfortably hit its growth target for the next two to three years, as it did in the last year.
