The fiscal health of sub-national Governments forms a subject matter in the field of fiscal federalism. In a democratic federal structure with considerable liberalisation and freedom to attract foreign direct investments, the ratings of the economic performance of the state economies assume a considerable importance. To assess the fiscal health of the Tamil Nadu Government, certain fiscal devices are used. Revenue performance, resource gap, expenditure pattern and debt burden through which we can assess the performance of a sub–national government like Tamil Nadu. It covers the performance of Tamil Nadu during pre- pre-reform and post-reform periods. The fiscal performance of the finances of other states does not come under the purview of this study. The present study is a small step in this direction in the assessment of the fiscal health of Tamil Nadu during the pre- reform and post-reform periods.
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