Crop loan waiver scheme has come a cropper, fume farmers in Coimbatore and Tiruppur

The State government’s harvest indebtedness waiver announcement was discussed successful item during the monthly farmers’ grievances redress gathering connected May 29, 2026 (Friday) successful Coimbatore and Tiruppur districts.

Farmers, by and large, rejected the ground of indebtedness waiver, which, they said, was meagre to prolong their livelihood, and immoderate adjacent reprimanded the TVK government, stating that the enactment had gone backmost connected the predetermination committedness of implicit indebtedness waiver for farmers with five-acre holdings, and 50 % waiver for those with higher acreage nether cultivation.

While acknowledging the affirmative interaction of implicit waiver for marginal farmers who had borrowed little than ₹50,000, and ₹40,000 waiver for those among them who had borrowed loans betwixt ₹50,000 and ₹60,000, the representatives of husbandman associations wondered however the level waiver of ₹5,000 for tiny and marginal farmers who had borrowed much than ₹1 lakh would bring astir the promised succour.

The time-frame of indebtedness disbursal taken into information ought to beryllium effectual from March 1,2025 to March 31, 2026. The duration betwixt May 1, 2025, and February 28, 2026, was unreasonable, G. Ranganathan, State Organising Secretary of Tamizhaga Vivasayigal Sangam, said.

While fixing tenable procurement terms for workplace nutrient would enactment good successful the agelong run, the TVK authorities could see providing production-linked incentives arsenic successful different States, arsenic an alternate to subsidy.

Also, the indebtedness waiver for a circumstantial duration would not beryllium of assistance to farmers arsenic the pending loans, erstwhile near unpaid owed to recurring losses, would severely interaction their CIBIL people that would disqualify them from obtaining caller loans for sustaining their livelihood, helium said.

Representatives of the Tamizhaga Vivasayigal Padhukappu Sangam took a strident basal connected the contented portion taking portion successful the grievances redress gathering successful Tiruppur district.

They questioned the TVK government’s rationale down deviation from its predetermination manifesto.

The “meagre” waiver would ne'er extricate debt-laden farmers who walk ₹60,000 for raising sugarcane connected 1 acre, and ₹36,000 for cultivating paddy connected 1 acre, from their predicament.

They sought to punctual the State authorities that the earlier authorities had waived ₹12,000 crore of workplace loans, and the erstwhile dispensation had waived ₹7,000 crore.

The Tamil Nadu Vivasayigal Padhukappu Sangam has announced State-wide protests connected June 1 connected the issue.