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Jayalalithaa seeks central aid to reduce debt...
Tamil Nadu chief minister J Jayalalithaa has sought a grant of Rs 100,000 crore from the Centre to reduce the debt level of the state. The state’s fiscal deficit had increased five times in last five years while the revenue deficit increased 11.64 per cent in 2010-11 compared with previous year, according to a memorandum handed over by the chief minister to Prime Minister Manmohan Singh. Jayalalithaa