Chennai, February 17 Tamil Nadu Finance Minister Thangam Thenarasu presented the Interim Budget for 2026-27 in the state Assembly on Tuesday. For social security schemes, he made a total allocation of Rs 5,463 crore.
In his address, the minister also alleged that the union government appeared to be taking every possible measure to artificially create a fiscal crisis in Tamil Nadu.
Explaining the budgetary allocations and the flagship schemes of the government and their impact, the Minister said that in a federal polity, there have been several instances in the past where states have been unfairly treated by the union government.
He further stated, "However, I firmly believe that the challenges faced by this government are unprecedented. In every field, whether it is the denial of approval for major infrastructure projects for Tamil Nadu, the withholding of funds for centrally sponsored schemes, the curtailment of tax revenues without proper consultation, or the imposition of unfair conditions to mandate expenditure, the union government appears to be taking every possible measure to artificially create a fiscal crisis in Tamil Nadu."
He listed the challenges being faced by the government in the current financial year.
The Interim Budget speech of the minister was nearly 2.30 hours long, and it is considered one of the longest addresses.
The assembly elections are due in April 2026 in Tamil Nadu, and it is expected that the polls will be held that month.
