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Tuesday, November 22, 2011

Business Line : Columns / B S Raghavan : Freebies are tearing into TN finances

Business Line : Columns / B S Raghavan : Freebies are tearing into TN finances
.... the State government has inflicted on itself during 2011-12 a liability of Rs 9,381 crore (up from Rs 7,739 crore in 2010-11), dipping into the already parlous State finances for free distribution of mixers (Rs 3,500 crore), grinders (Rs 3,500 crore), fans (Rs 1,000 crore), and sheep and cows (Rs 191 crore)....

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