Advocacy to extend the agricultural loan exemption program
Tamilnadu Vivasayigal Sangam demanded that agricultural loans restructured in 2017 also be covered by the 12,110 crore waiver program announced by Chief Minister Edappadi K. Palanisamy under Rule 110 on the floor of the Legislative Assembly of state recently.
In a press release, his Deputy Secretary of State PSMasilamani expressed resentment at the circular issued on February 9 to cooperative institutions stating that crop loans restructured due to crop losses suffered by farmers due to drought would not be taken into account for the exemption. under the current regime.
The government restructured the harvest in 2017 by neglecting the request to waive the harvest loan; it was unfair to exclude these outstanding loans from the scope of the current waiver scheme, although the crop loss suffered by farmers in 2017 was to some extent compensated by the government. He is expected to convince the Union government to cancel overdue harvest loans at planned commercial banks.
Meanwhile, the Thanjavur District Cauvery Farmers Protection Association urged the government to thank the farmers who had returned the dues. He urged the government to withdraw the appeal filed in the Apex Court refusing to extend the benefit of the crop loan exemption scheme to medium and large farmers who took out such loans in 2016. .