Tamil Nadu’s debt well utilised: Karunanidhi
By IANSSunday, February 6, 2011
CHENNAI - Tamil Nadu Chief Minister M. Karunanidhi Sunday hit back at his arch rival, AIADMK general secretary J. Jayalalithaa, saying that the states debt includes monies borrowed during her regime as well.
Responding to Jayalalithaas charge Saturday that DMKs achievement was increasing the states debit to Rs.1,01,541 crore as on March 31, 2011, Karunanidhi, writing for the DMK newspaper Murasoli, said the amount included the “achievement” of her period as well.
Taking a dig at the communist parties now supporting the AIADMK, he said the states debt was lower than those ruled by left parties.
He said the debt went up by Rs.44,084 crore from 2006-07 to 2010-11 and the capital expenditure during the same period was Rs.44,667 crore, signifying that the debt was used in an efficient manner.
