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Tamil Nadu - Highest revenue deficit among poll-bound States
March 31 , 2021
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- Tamil Nadu has the highest revenue deficit at ₹65,994 crore, among poll-bound States, according to a report.
- This is as per revised budget estimate for 2020-21.
- In terms of size of the economy, Tamil Nadu’s economy is the largest (third largest in India).
- It is followed by West Bengal (sixth), Kerala (11th), Assam (17th) and Puducherry (26th).
- Together, they account for around 20% of India’s economy.
- According to the report, Assam has witnessed the highest average economic growth of 8.6% during the four-year period to FY20.
- West Bengal and Puducherry’s economy grew on par with the national average.
- With 6.3% Kerala’s economic growth was lower than the national average due to the devastating floods of 2018 and 2019.
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