Farmers flay loan waiver announced by government
Farmers in the delta region have criticized the government's cooperative loan waiver, calling it discriminatory and inadequate. The waiver offers limited benefits, particularly for small and marginal farmers, contradicting previous promises made during the election. Farmers' organizations are urging the government to reconsider the plan and implement a more comprehensive waiver that aligns with their initial commitments.
- ▪The government announced a waiver of cooperative loans up to ₹50,000 for marginal farmers and 50% for small farmers.
- ▪Farmers argue that the waiver is discriminatory as it differentiates between small, marginal, and big farmers.
- ▪Farmers' organizations are demanding a full waiver as promised in the election manifesto of the Tamilaga Vettri Kazhagam.
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Farmers’ organisations in the delta region have expressed disappointment over the cooperative loan waiver announced by the State government on Monday, saying it was “discriminatory” and would not benefit farmers at large.The government had announced a waiver of cooperative loans up to ₹50,000 for marginal farmers and 50% of the amount for small farmers. The quantum of waiver decreases as the loan amount increases. Small and marginal farmers, who had borrowed more than ₹1 lakh, and big farmers will be provided a flat waiver of ₹5,000.Farmers’ organisations contended that the announcement fell way short of the promise made by the Tamilaga Vettri Kazhagam (TVK) in its election manifesto.“The waiver will not benefit farmers in any way.
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