Tamil Nadu revises cooperative crop loan waiver to ₹75,000
Under the revised announcement, a total of 8,33,773 marginal farmers, 5,16,183 small farmers and 93,548 large farmers will receive waivers amounting to ₹3,599.67 crore, ₹1,995.42 crore and ₹337.15 crore, respectively.
The Tamil Nadu government has updated its cooperative crop loan waiver policy, allowing all farmers to benefit. The revised plan covers 8,33,773 marginal farmers, 5,16,183 small farmers, and 93,548 large farmers. Each group will receive different waiver amounts based on their classification. The total waiver amounts are ₹3,599.67 crore for marginal farmers, ₹1,995.42 crore for small farmers, and ₹337.15 crore for large farmers. The policy aims to provide financial relief to the agricultural community. It includes a maximum waiver of ₹75,000 per farmer. This move is intended to support farmers facing economic challenges.
The policy aims to ease financial burdens on farmers and promote agricultural stability.
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