00:01Let us explain the position. Let us make one thing absolutely clear.
00:08The exercise is not to pinpoint at any previous. Let us be very clear about this point.
00:15Just position about what is the current position.
00:19We are referring it to last 10-15 years.
00:32The position was correct. We are not saying it was a wrong position.
00:38The situation was bad. Now the situation is worse. That is the limited point.
00:44Position is today. Position is worse. And position is worsening.
00:49Now we have to correct it.
00:52We have to correct it. It is not going to be easy.
00:55Let us be very clear.
00:56We have to point out that it is not going to be easy.
01:02It is like having a disease.
01:04We have one disease.
01:06We have to look at one hospital visit.
01:10It is going to take time.
01:12Revenue number one increase.
01:14Also note that in the last one month, many schemes have been notified also.
01:21Many promises have been notified also.
01:23Government cannot, no government, irrespective of which government is there, no government can sit quietly and do nothing.
01:30Let us be very clear.
01:31Every government has to deliver on its promises.
01:33We are committed as from finance department, as finance secretary, we are, my role is to find resources and find
01:41ways of meeting the promises made by the government.
01:45Irrespective of which government I am the finance secretary, I am, that is our duty to do that.
01:50We are working on providing the necessary resources.
01:53Let me finish.
01:54Let me finish.
01:55Right?
01:55Okay.
01:55So, that is the direction in which we are moving.
01:59It will take time.
02:00Please also note that in this point out which we pointed out was in the committed matta illa.
02:06Here we are existing schemes.
02:08Business as usual scenario.
02:10That is the interim budget issue already published.
02:16It is a document.
02:19It is a budget with assumption of business as usual scenario.
02:23That is why it is the same.
02:26That is why we have noticed that there are some important elements which have to be added.
02:51So, if we have a scale of 1.56 and 1.75 pro just continue to do the existing schemes.
02:57So, that is the increase in which we have to make fiscal deficit.
03:01One of the funding is called the loan debt which is the loan.
03:05In this case, the state government has to be named to call a loan debt.
03:12After that, it is a loan debt that is not a loan debt.
03:14Today, I think it is a loan debt that is for some benefits.
03:22The government fixed it, they fixed it.
03:28It was 1.14 lakh crores fixed it.
03:33In that case, the fiscal division is 21.14 lakhs.
03:37We have to check you the white paper.
03:41But overall, you can tell the figures that you have to do the white paper.
03:47But the limited point is that there is still a deficit for existing schemes alone.
03:53The only way we can control this is that good schemes cannot be closed.
03:57That also the government clearly says there is no good schemes cannot be closed.
04:02We are working on the welfare of the people.
04:08We cannot close any good schemes just like that.
04:11So the only way which we can move forward is to find ways of raising additional resources by reducing the
04:18kind of leakages that have happened in many revenues which is an open secret.
04:24We don't have to find out.
04:26So that is where we are working on and we are trying to improve the revenues.
04:36Sir, how long it will take if you are saying?
04:40Yes.
05:03That is not the point at all.
05:05Elfair is Tamil Nadu's pride.
05:09No, sir.
05:17No, sir.
05:17I am talking about welfare is Tamil Nadu's pride.
05:20That means we are in treating it.
05:22Then we are speaking about income and revenues that are given as an alternative.
05:26A bestimmER of revenue when you are announce a scheme, that is really difficult to start.
05:28But we are not saying that welfare schemes are not good in Sollavehla, we welcome them.
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