TN govt announces loan waiver for over 1.6 mn farmers worth Rs 12,110 cr

Targeting the opposition DMK, he said the party had promised two acres of land, but failed to implement

palaniswami
Tamil Nadu CM Palaniswami
Press Trust of India Chennai
1 min read Last Updated : Feb 05 2021 | 1:18 PM IST

The AIADMK government in Tamil Nadu

on Friday announced waiver of Rs 12,110 crore farm loans availed by 16.43 lakh farmers from cooperative banks.

Making the announcement in the state assembly, Chief Minister K Palaniswami said the scheme would come into immediate effect and the required financial allocation would be made by his government.

He said the AIADMK was the only party that fulfills promises and also comes up with fresh welfare measures.

Targeting the opposition DMK, he said the party had promised two acres of land, but failed to implement.

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Topics :Tamil NaduFarm loan waiverAIADMK

First Published: Feb 05 2021 | 1:08 PM IST

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