Business Standard

Waive cooperative loans of farmers: HC to TN government

Image

IANS Chennai

The Madurai Bench of the Madras High Court on Tuesday ordered the Tamil Nadu government to waive off loans availed by farmers from cooperative societies.

The state government had earlier waived off loans of farmers owning land up to five acres.

However, the farmers filed a case for waiver of loans irrespective of land holding.

The court had ordered waiver of gold loan also.

--IANS

vj/lok/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 04 2017 | 4:20 PM IST

Explore News