TNPSC Thervupettagam

Raised Crop Loan Waiver in Tamilnadu

August 21 , 2026 49 days 487 0
  • Tamil Nadu Chief Minister announced a revised crop loan waiver, increasing the limit for marginal, small and other farmers from ₹50,000 to ₹75,000.
  • Loans between ₹75,000 and ₹1 lakh will receive a maximum waiver of ₹75,000.
  • For loans above ₹1 lakh, the maximum waiver will be ₹35,000.
  • The government will provide a total crop loan waiver of ₹6,220 crore to about 13.34 lakh farmers.
  • Of the earlier waiver amount of ₹5,932.23 crore, ₹5,267 crore had already been credited to 13.34 lakh farmers.
  • The additional waiver will cost the government about ₹953.06 crore and was announced under Rule 110 of the Tamil Nadu Legislative Assembly.

 

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