Tamil Nadu government revises cooperative crop loan waiver up to ₹75,000; expands to all farmers
The Tamil Nadu government has expanded its cooperative crop loan waiver scheme to include all farmers, regardless of landholding size, for loans up to ₹75,000. This revision follows criticism of an earlier, more limited version of the policy.
Why it matters
Agricultural policy changes in India significantly impact the economic stability of millions of farmers and reflect the political pressure on state governments to address rural debt.
Tamil Nadu Chief Minister C. Joseph Vijay, on Tuesday (June 16, 2026), announced a revised scheme for waiver of crop loans up to ₹75,000 availed by farmers, irrespective of the size of their landholdings, from cooperative banks between May 1, 2025, and February 28, 2026.
The article provides a balanced overview of the policy change, including the government's rationale and the political context of the criticism.
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