The 16th Finance Commission's report reveals the massive fiscal burden State Public Sector Enterprises (SPSEs) impose, identifying Tamil Nadu as the third-highest loss-making state for 2022-23. This is critical for understanding state finances, the power sector's role in deficits, and the central commission's role in fiscal federalism.
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- ›Top Loss-Making State (2022-23): Uttar Pradesh (₹32,430 crore)
- ›Tamil Nadu's SPSE Loss (2022-23): ₹16,048 crore
- ›Target this Data: Tamil Nadu's SPSE loss for 2022-23 was ₹16,048 crore.
- ›Target this Nodal Body: The Sixteenth Finance Commission (Chairman: Dr. Arvind Panagariya).
- ›Target this Legal Point: Constitutional basis under Article 280.
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