Chennai, Feb. 17 -- The main opposition AIADMK on Tuesday termed the Interim Budget presented byTamil Nadu Finance Minister Thangam Thennarasu, with Assembly elections a few weeks away, as akin toear-piercing (ear boring) ceremony for babies, '"Kadhu Kuthu event", normally a euphemism for cheating(the people).

Talking to reporters outside the Assembly premises, AIADMK General Secretary and Leader of the OppositionEdappadi K Palaniswami said questioned the steep fall of nearly Rs 26,000 crore in the State's Own Tax Revenueand asked why the Finance Minister had not offered any convincing explanation.

"The fiscal deficit numbers are equally alarming. The deficit for 2024-25, initially estimated at Rs 96,000 crore,has risen to Rs 1.01 lakh cr...