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Tamizhaga Vivasayigal Paadhukaapu Sangam led protests by farmers present astatine the Collectorate, crying foul astatine the State government’s announcement of partial indebtedness waiver to screen lone those loans secured successful the past year. The farmers, who gathered extracurricular the Collectorate, demanded that the TVK-led authorities honour its electoral committedness of afloat indebtedness waiver for each cooperative nine loans.
According to the farmers association, farmers with nine loans person agelong been grappling with a scope of State failures vis-a-vis ensuring cultivation incomes. While implicit 150 cultivation items are being produced by farmers, lone 21 person been assigned minimum enactment price.
Moreover, lone sugarcane, paddy and copra person immoderate existent procurement benefitting farmers, according to the protesters. In essence, farmers are struggling with debased cultivation income from their nutrient and debts incurred successful production.
According to the farmers association, farmers person incurred dense losses implicit the past 5 years done involvement payments towards loans taken from Primary Agricultural Cooperative (PAC) Societies. However, the government’s announcement of indebtedness waiver of up to ₹50,000 for lone those loans secured betwixt May 1, 2025 to February 28, 2026 defied the logic of enactment to farmers.
According to the association, adjacent to ₹15,000 crore was allocated towards assorted subsidies for farmers. However, these subsidies were often a ruse for corruption and embezzlement, it alleged. Instead, these funds should beryllium diverted towards the workplace indebtedness waiver to screen each marginal farmers, and not conscionable those that person secured loans successful the caller months.
