Tamil Nadu News

Tamil Nadu Crop Loan Waiver 2026

May 28 , 2026 14 hrs 0 min 87 0

The Tamil Nadu government announced a cooperative crop loan waiver scheme for farmers.
The scheme was announced by Chief Minister for loans taken from cooperative banks between 1 May 2025 and 28 February 2026.
Marginal farmers will receive a full waiver for loans up to ₹50,000, while small farmers will receive a 50% waiver within this limit.
Farmers with loans above ₹1 lakh and other large farmers will receive a flat waiver of ₹5,000 each.
Around 14.22 lakh farmers are expected to benefit from the scheme, with an estimated government expenditure of ₹2,044.46 crore.