Union Finance Minister Nirmala Sitharaman has reiterated that the Narendra Modi-led central government maintains a firm policy that no state should receive less funding than it is rightfully entitled to. Speaking in Kanchipuram, Tamil Nadu, she assured that all due state funds would be released transparently and without delay.
Assurance on Fund Allocation
Addressing media personnel, Sitharaman stated, "Prime Minister Narendra Modi has consistently maintained that no State should receive less funding than it deserves." She emphasized that the Union Government has been providing the necessary financial support to Tamil Nadu and that funds rightfully due to the state would be released without any hindrance.
The Finance Minister expressed satisfaction over the Tamil Nadu government's stated intention to maintain a cooperative relationship with the Centre. She noted that such an approach would significantly benefit the state's development.
Healthcare and Medical Colleges
Sitharaman also addressed specific sectors, highlighting administrative steps already taken to strengthen the region. Referring to healthcare infrastructure, she revealed that the Centre had conveyed its willingness three years ago to provide all necessary support for establishing medical colleges required by the state.
Fiscal Management and Borrowed Funds
Turning her attention to broader economic practices, the Finance Minister spoke on fiscal management. She stressed that loans should be utilized to create permanent assets and generate employment opportunities. "Borrowed funds should not be used for welfare schemes and subsidy-based assistance alone," Sitharaman said. She added that borrowed funds should contribute to long-term economic growth and development.
Visit to Tamil Nadu and Puducherry
The Finance Minister arrived in Chennai on Wednesday on a two-day visit to Tamil Nadu and Puducherry. Nirmala Sitharaman's Office posted on X, "Smt @nsitharaman received a warm welcome from @BJP4TamilNadu leaders and karyakartas upon her arrival at Chennai Airport." Following her arrival, the Union Minister left for Kanchipuram district to participate in various scheduled programmes on Thursday. As part of her itinerary, Sitharaman is also expected to visit Puducherry, with engagements likely including events related to education, development, and public outreach in Tamil Nadu and Puducherry.
