Tamil Nadu expands its cooperative crop loan waiver, raising the full relief limit to ₹75,000 for eligible farmers. The revised scheme follows earlier criticism of a lower ₹50,000 cap. The government states the waiver is implemented through cooperative banks and aims to reduce farmers’ debt burdens while encouraging continued cultivation.
According to reports, the expansion covers a large share of farmers statewide. The Hindu details the number of beneficiaries across categories, including marginal, small and large farmers, and the corresponding amounts to be waived in each group. Business Line reports that the waiver benefits 14.43 lakh farmers and involves additional state expenditure, while Times of India similarly places the beneficiary figure at 14.43 lakh and says the total state commitment is close to ₹6,000 crore.
Across sources, the programme provides full waiver benefits up to the revised limit and identifies substantial overall spending by the state government, with the total amount distributed varying by farmer category. The government’s announcement frames the measure as broad-based relief for cooperative crop loans.
