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Praveen Chakravarty, chief of a Congress physique representing working professionals, has stirred a debate by his feedback declaring that Tamil Nadu has “the very best excellent debt” amongst all states. Chakraborty referred to as its debt ranges ‘alarming’ and pointed to excessive curiosity funds – third throughout India – and a excessive debt-to-GDP ratio.
Congress celebration is an ally with the Dravida Munnetra Kazhagam (DMK) in Tamil Nadu the place elections are scheduled this 12 months. The 2 events will contest the 2026 Tamil Nadu Meeting election collectively as properly.
Praveen’s remark drew sharp responses from the ruling DMK, with the state’s Industries Minister, Dr TRB Rajaa, main the cost.
Dr Rajaa was dismissive of Praveen’s remarks.”Urge our ecosystem to please keep away from participating with anybody with non-public agendas. We now have a bigger conflict to struggle with these attempting to curtail the expansion of TN. Watch out for undesirable distractions, he mentioned
“Focus on our Leaders pathbreaking schemes and improvement oriented ideas. Use your time to share the achievements of the #DravidianModel authorities of our Chief #CMMKStalin avargal,” Rajaa wrote ending the X put up with web slang “IYKYK.”
What did Praveen say within the put up?
Praveen’s put up on X that he put out final week was in response to a remark by DMK MP Kanimozhi praising her celebration for having ‘reworked Tamil Nadu into a sophisticated (and) developed state.
“TN has the very best excellent debt of all states. In 2010, UP had greater than double the debt of TN Now, TN has greater debt than UP,” Praveen mentioned in a put up accompanied by a graph evaluating DMK-ruled Tamil Nadu with BJP-ruled Uttar Pradesh.
Praveen Chakravarty is chairman – Professionals’ Congress & Knowledge Analytics
“TN’s curiosity burden (%) is third highest after PB & HR TN’s debt/gdp continues to be a lot greater than pre-covid ranges TN’s debt state of affairs is alarming!” he mentioned.
Chidambaram defends Stalin Govt
The remarks drew sharp criticism from inside Praveen’s personal celebration. It the truth is invited flak from senior chief together with former Union Finance Minister P Chidambaram who termed Chakravarty’s evaluation incorrect, noting that an annual enhance in debt is regular and defended the Tamil Nadu authorities led by chief minister MK Stalin.
“It’s incorrect to evaluate a state’s financial situation based mostly solely on its whole debt. The entire debt of all developed international locations – from america to the UK, Japan, France and Canada – will increase yearly,” Chidambaram mentioned.
Chidambaram added that India’s whole debt, in addition to the mixed debt of all its states, additionally rises yearly. “That is regular. Complete debt isn’t the proper measure to guage an financial system,” he mentioned.
The Tamil Nadu authorities is underneath criticism from a number of quarters over its growing debt, which presently stands at ₹9.21 lakh crore. Because the principal opposition celebration from 2016-2021, the DMK authorities tore into the AIADMK for the state’s rising debt
Tamil Nadu is among the many states voting in 2026. In 2021, the DMK received the election, ending the decade-long reign of the All India Anna Dravida Munnetra Kazhagam (AIADMK). The DMK received 133 seats within the 234-member home. DMK’s alliance companion Congress received 18 seats. The AIADMK received 66 seats. The
BJP throws surprising ‘self aim’ jibe at Congress
BJP pounced on Chakravarthy’s comment. Former state unit chief Ok Annamalai accused the DMK of distorting knowledge to say an ‘superior financial system’ and burdened the doubling of debt underneath the rival celebration’s authorities. And celebration spokesperson CR Kesavan mocked the Congress for a “self aim”.
“The Congress does a surprising self-goal to show the disastrous failure mannequin DMK authorities. Does Rahul Gandhi concur with this view… d the Tamil Nadu Chief Minister and his deputy agree with this damning view of their ally… disastrous DMK authorities is much like a directionless automobile,” Kesavan mentioned.
Many within the Congress celebration rushed to DMK’s defence. Get together MP Jothimani referred to as it ‘unfair’ to match the 2 states and highlighted Tamil Nadu’s achievements in training, healthcare, industrial progress, and social justice.
“It’s unfair to match Tamil Nadu with Uttar Pradesh. Tamil Nadu one of many high state in the nation in training, healthcare, industrial funding, social justice, city infrastructure and efficient welfare supply. Uttar Pradesh nonetheless struggles on most human improvement indicators whereas selling a “bulldozer raj” mannequin as a substitute of institutional governance,” the Karur MP mentioned on X.
‘Doesn’t characterize voice of Congress in TN’
Consultants mentioned that Praveen’s feedback don’t mirror state Congress unit’s stand.
“He’s attempting for relevance in Tamil Nadu. The state unit is with the DMK largely,” Chennai-based political analyst Sumanth Raman advised LiveMint.
State Congress president K Selvaperunthagai agreed and mentioned Praveen’s views do not characterize the voice of the Congress celebration. He additionally asserted that the Congress celebration’s alliance with DMK stays “as robust as an iron fortress”.
“We is not going to enable anybody throughout the Congress to echo the voice of the RSS or the BJP. I wish to make clear that Chakravarty’s statements don’t characterize the voice of the Congress celebration,” he advised reporters in Tamil Nadu earlier this week.
“The alliance with DMK stands like an iron fortress; nobody can break it. We is not going to enable any power — inside or exterior — to assist the BJP achieve a foothold in Tamil Nadu or act as its spies,” the TN Congress Chief mentioned.
Selvaperunthagai mentioned Chakravarty’s feedback had been “incorrect and motivated”.
It’s incorrect to evaluate a state’s financial situation based mostly solely on its whole debt.
“Evaluating Uttar Pradesh to Tamil Nadu is unjust. UP is underneath a ‘Bulldozer rule’ the place folks’s houses are demolished. Is Praveen talking because the voice of Yogi Adityanath?” he requested, including that Tamil Nadu’s debt ratio had come down underneath the DMK regime — from 4.61 per cent throughout AIADMK’s rule in 2021 to three per cent now.
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