TNPSC Thervupettagam

Tamil Nadu - Highest revenue deficit among poll-bound States

March 31 , 2021 1241 days 1023 0
  • 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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