Tamil Nadu Chief Minister Vijay announces a crop-loan waiver for marginal farmers in the state. The scheme covers farmers who have outstanding crop loans of up to ₹50,000 taken from cooperative banks during the period from May 2025 to February 2026. Under the announcement, marginal farmers meeting these criteria receive a full waiver of their eligible outstanding crop loans. The relief is designed to expand support to larger farmers as well, with the announcement including relief of ₹5,000 for larger farmers, alongside the full waiver for marginal farmers.
Business Standard reports that the measure is expected to benefit about 1,422,000 farmers and requires an additional government expenditure of ₹2,044.46 crore. Mint similarly describes the waiver eligibility and the loan window tied to cooperative bank loans. Across both accounts, the policy focuses on reducing the burden of outstanding crop loans for marginal farmers within the specified borrowing period and loan limit.
