Signal Moves From Red To Amber , TamilNadu Waits For Green To Race $1 Trillion Destination

The second wave of Covid-19 was at its height and the state's economy was at rock bottom when the DMK took office two summers ago. Anything above 3% indicates an economy in crisis, as the previous administration had left behind a fiscal deficit of 4.61% of GSDP and a revenue shortfall of 3.28% of GSDP. To get the economy back on the path of growth, the new government was faced with the difficult choice of spending (a election promise of distributing 4,000 each household member) and saving.