T.N. govt. to formulate State Cooperative Policy: Minister Gandhiraj
Tamil Nadu Minister V. Gandhiraj announced a new State Cooperative Policy aimed at improving transparency and economic sustainability for local institutions. The plan includes significant funding for women entrepreneurs, agricultural loans, and the introduction of a common business brand called 'Vettri'.
Why it matters
This policy shift represents a major state-level effort to modernize rural economies and support small-scale agricultural and business ventures in India.
Tamil Nadu Minister for Co-operation V. Gandhiraj on Thursday (August 20, 2026) announced that the State government would formulate a Cooperative Policy to transform cooperatives in Tamil Nadu into people-centric, transparent and economically sustainable institutions, with the objective of ensuring their sustainable growth and stability and enhancing their market competitiveness.
Making announcements for the Cooperation Department in the Assembly, Mr. Gandhiraj said to promote women as entrepreneurs, the Singa Pengal Loan Scheme would be implemented through cooperative banks with ₹7,015 crore allocated for the scheme. He said rural business loans would be extended to farmers at an interest rate of 9% to help them start agriculture-allied businesses, and ₹5,000 crore had been allocated for the initiative.
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