Tamil Nadu expands crop loan waiver up to Rs 75,000, benefits 14.43L farmers
Tamil Nadu has enhanced its crop loan waiver, offering full relief up to Rs 75,000 for farmers through cooperative banks. This expansion follows earlier criticism of a Rs 50,000 cap. The revised scheme benefits over 14 lakh farmers, with a total state commitment of nearly Rs 6,000 crore, aiming to ease debt burdens and encourage future cultivation.
Tamil Nadu has enhanced its crop loan waiver, offering full relief up to Rs 75,000 for farmers through cooperative banks. This expansion follows earlier criticism of a Rs 50,000 cap. The revised scheme benefits over 14 lakh farmers, with a total state commitment of nearly Rs 6,000 crore, aiming to ease debt burdens and encourage future cultivation.
