Tamil Nadu Chief Minister C. Joseph Vijay announces a complete waiver of crop and cooperative farm loans up to ₹75,000 in the state. The announcement is made in the Tamil Nadu Assembly and is designed to provide direct financial relief to farmers.
Outlets report that the waiver is part of a broader support package, with total state funding of about ₹953.06 crore. Times of India adds that the relief follows a tiered structure: loans between ₹75,000 and ₹1 lakh receive additional relief of ₹75,000, while loans above ₹1 lakh receive ₹35,000 in relief.
Swarajya and Mint both describe the additional relief as expanding benefits for farmers despite the government citing financial constraints. Times of India reports the measure benefits about 1.38 lakh farmers, while all sources link the announcement to the ₹75,000 threshold and the aggregate ₹953 crore-plus figure.
