The government ‘was in favor of and is still in favor of always a strong rupee’ and is not indifferent to the rupee-dollar exchange rate, Finance Minister Nirmala Sitharaman said in her first post-budget interview with Network18 Group Editor-in-Chief Rahul Joshi.
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Moneycontrol02-02-2026, 20:50

Sitharaman: DMK Insecure Over Vijay's Rise, NDA's Growth in Tamil Nadu

  • FM Nirmala Sitharaman stated the ruling DMK in Tamil Nadu is insecure due to actor-turned-politician Vijay's rise and the NDA's growing presence.
  • Sitharaman dismissed CM MK Stalin's claim of central neglect, citing significant budgetary allocations and infrastructure projects benefiting Tamil Nadu.
  • She highlighted central spending on schemes like VB G Ram G Act (Rs 95,000 crore) and MNREGA (Rs 30,000 crore), totaling Rs 125,000 crore.
  • The Finance Minister also pointed to industrial investments in advanced manufacturing, including Rs 40,000 crore for semiconductor and electronics, benefiting the state.
  • Sitharaman criticized the Tamil Nadu ruling party for a 'separatist mindset' and noted the Congress party's diminished independent standing in the state.

Why It Matters: FM Sitharaman asserts DMK's insecurity stems from Vijay's political entry and NDA's rise, refuting neglect claims.

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