Tamil Nadu Chief Minister C. Joseph Vijay has claimed that the previous government left the state with an empty treasury and a debt burden of ₹10 lakh crore. In response, former Chief Minister and DMK leader M. K. Stalin argues that such assertions are not accurate and says the state’s debt remains within permissible limits. Stalin also cautions that the new government should not begin its tenure by focusing on claims of “no money,” and instead should concentrate on delivering welfare through effective administration.

Both accounts describe Stalin’s reaction as coming through statements and social media posts following Vijay’s first speech as Chief Minister. Vijay, in turn, says his government will operate with transparency and prioritize public welfare, while addressing the financial condition he attributes to the outgoing administration. The dispute centers on competing assessments of Tamil Nadu’s fiscal situation, with Stalin disputing both the “empty treasury” characterisation and the scale of the debt mentioned by Vijay.