A Comptroller and Auditor General of India report, tabled in the Tamil Nadu assembly, said the state's debt grew by 22.43% in 2020-21 to ₹5,18,796 crore. The report said the capital expenditure of ₹36,902 crore and the high fiscal deficit for that year indicated utilisation of borrowing for financing revenue expenditure. The Debt-Gross State Domestic Product ratio was at 26.94%.