As per the interim budget estimate (IBE) of 2021-22, the overall debt of the state will be ₹5,70,189 crore. Its public debt (excluding the Centre’s debt) as percentage of GSDP is 26.69%, which is above the permitted limit of 25% by the 14th Finance Commission, Palanivel Thiaga Rajan, Tamil Nadu finance minister, told media persons.
