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If Maharashtra can waive farm loans fully, why can’t Tamil Nadu?, asks Anbumani

The Hindu Bureau· ·2 min read · 0 reactions · 0 comments · 6 views
#agriculture#politics#finance#Anbumani#C. Joseph Vijay#Maharashtra#Tamil Nadu#NABARD
If Maharashtra can waive farm loans fully, why can’t Tamil Nadu?, asks Anbumani
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Anbumani, the PMK president, criticized Tamil Nadu's Chief Minister for the limited farm loan waiver of ₹2,044 crore compared to Maharashtra's ₹36,585 crore waiver. He argued that the rules from NABARD do not prevent a full waiver and highlighted the disparities in benefits for farmers between the two states. Anbumani also pointed out that the Tamil Nadu government's conditions for waivers are restrictive, affecting the relief for farmers significantly.

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The Hindu · The Hindu Bureau
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CHENNAIPMK president Anbumani on Wednesday questioned Chief Minister C. Joseph Vijay as to why he has announced a farm loan waiver of just ₹2,044 crore when the Maharashtra government has waived crop loans to the tune of ₹36,585 crore taken by 5.572 million farmers. Mr. Vijay and the State government should not blame National Bank for Agricultural and Rural Development (NABARD) rules for not fully waiving farmers’ crop loans as the rules do not state crop loan waiver cannot be given.In a statement, Dr.

Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu.

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