Puducherry, Feb. 10 -- Union Minister of State L Murugan on Sunday asserted that there is no financial crisis in Puducherry, adding that the Central Government has allocated the necessary funds for the Union Territory's development.

Addressing a press conference, he highlighted the BJP's recent electoral success in Delhi and India's economic progress over the past decade.

"The BJP has achieved a historic victory in Delhi. In the last 10 years, India has surpassed England to become the 5th country in the list of emerging economies and will advance to become the 3rd country in 2027," he said.

He further noted that the Union Budget has been formulated with a long-term vision for India's development. "An allocation of Rs 3,432 crores has b...