1 min learnUp to date: Aug 17, 2026 01:33 PM IST
Tamil Nadu Chief Minister C Joseph Vijay has introduced full waiver on farm loans for upto Rs 75,000. He additionally introduced a waiver upto Rs 75,000 for loans ranging between Rs 75,000 and Rs one lakh.
The announcement comes after Vijay completes 100 days in workplace, marking a significant milestone in Tamil Nadu’s historical past.
Whereas saying the transfer, the CM stated that regardless of monetary constrains, TVK authorities will present an extra help of Rs 953.06 crore for farmers.
Talking within the meeting, Vijay stated the Tamil Nadu authorities beforehand waived agricultural loans as much as Rs 50,000 inside 15 days of taking workplace in Might. It was later expanded to offer full waivers for loans as much as Rs 75,000, and a Rs 35,000 waiver for loans exceeding Rs 75,000, benefiting over 14.44 lakh farmers, in accordance with PTI.
In line with the Chief Minister, cooperative farm loans of as much as Rs 75,000 will now be offered 100 per cent waiver, loans between Rs 75,000 and Rs 1 lakh, will obtain as much as Rs 75,000 in waivers, and loans above Rs 1 lakh will obtain a most waiver of Rs 35,000.
