Tamil Nadu’s fiscal deficit at ₹92,305 crore in 2020-21

Last fiscal, the State was hit by lower revenue collections due to the impact from the first wave of COVID-19 on the one hand, and increasing expenditure to tackle the pandemic on the other

Tamil Nadu’s fiscal deficit -- the difference between total revenue and expenditure -- stood at ₹92,305 crore for fiscal 2020-21, according to un-audited provisional figures from the Comptroller and Auditor General (CAG). Revenue deficit Fiscal deficit Last fiscal, the State was hit by lower revenue collections due to the impact from the first wave of COVID-19 on the one hand, and increasing expenditure to tackle the pandemic on the other. (Total Revenue Receipts- Revenue Expenditure) (Total receipts- Total expenditure)