Tamil Nadu News

Revised Cooperative Loan Scheme

November 12 , 2026 16 hrs 0 min 26 0

The Tamil Nadu government revised its cooperative crop loan waiver scheme and extended the eligibility period up to March 31, 2026.
Farmers who borrowed up to ₹75,000 from cooperative institutions will receive a full loan waiver.
Farmers who borrowed more than ₹75,000 will receive a flat waiver of ₹75,000.
The scheme covers loans obtained between May 1, 2025 and March 31, 2026.
The revised scheme benefits 13,24,881 farmers, including 5,90,621 farmers eligible for full waiver and 7,34,260 eligible for partial waiver.
An additional ₹2,842.77 crore has been sanctioned, taking the total estimated expenditure to ₹9,062.83 crore.
The benefit has also been extended to 10,810 farmers who had fully repaid their loans before the waiver announcement.