On the day when his coalition authorities accomplished 100 days in workplace, Tamil Nadu Chief Minister C. Joseph Vijay on Monday introduced a full farm mortgage waiver of as much as ₹75,000 for marginal, small, and different farmers – a rise from the waiver of as much as ₹50,000 introduced earlier.
Making bulletins underneath Rule 110 of the Meeting, Mr. Vijay stated those that had obtained loans within the vary of ₹75,000 to ₹1,00,000 would obtain a most waiver of ₹75,000, and those that had taken loans exceeding ₹1 lakh can be given a most waiver of ₹35,000.
The Chief Minister stated ₹5,267 crore (of the full waiver quantity of ₹5,932.23 crore) had been credited into the financial institution accounts of 13.34 lakh farmers (out of 14.44 lakh farmers).
“In consequence, there will probably be a possibility to obtain a further waiver of as much as ₹40,000, over and above the waiver quantity already acquired. This extra crop mortgage waiver will impose an monetary burden of roughly ₹953.06 crore on the federal government. Nonetheless, contemplating that our welfare lies within the welfare of the farmers of Tamil Nadu, this authorities is offering a complete crop mortgage waiver of ₹6,220 crore to roughly 13.34 lakh farmers,” he stated.
Printed – August 17, 2026 08:03 pm IST
