If Maharashtra can waive farm loans fully, why can’t Tamil Nadu?, asks Anbumani

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CHENNAI

PMK president Anbumani connected Wednesday questioned Chief Minister C. Joseph Vijay arsenic to wherefore helium has announced a workplace indebtedness waiver of conscionable ₹2,044 crore erstwhile the Maharashtra authorities has waived harvest loans to the tune of ₹36,585 crore taken by 5.572 cardinal farmers. Mr. Vijay and the State authorities should not blasted National Bank for Agricultural and Rural Development (NABARD) rules for not afloat waiving farmers’ harvest loans arsenic the rules bash not authorities harvest indebtedness waiver cannot beryllium given.

In a statement, Dr. Anbumani said the determination taken by the Maharashtra State Cabinet regarding workplace indebtedness waiver was “historic” and the benefits received by the farmers determination could not beryllium compared to those received by the farmers successful Tamil Nadu.

In Tamil Nadu, lone farmers owning up to 2.5 acres of onshore are eligible for a maximum waiver of ₹50,000. Small farmers with up to 5 acres person betwixt ₹5,000 and ₹25,000, portion ample farmers get lone ₹5,000 successful indebtedness waived. In contrast, successful Maharashtra, without immoderate favoritism betwixt small, marginal, oregon ample farmers, they volition person a waiver of up to ₹2 lakh of harvest loans. Accordingly, if a husbandman has taken a indebtedness of ₹2 lakh, it is afloat waived; if ₹3 lakh was borrowed, lone ₹1 lakh needs to beryllium repaid— and adjacent for that, capable clip is provided,” helium said.

“In Tamil Nadu, lone a information of loans taken during the 10-month play from May 1 of past twelvemonth to February of the existent twelvemonth is waived. But successful Maharashtra, loans taken implicit a six-year play — from April 2019 to March 2025 —are eligible for waiver up to ₹2 lakh. This enables adjacent farmers trapped successful inescapable indebtedness cycles to beryllium afloat relieved.”

He said lone a fewer 1000 farmers whitethorn person afloat indebtedness waivers though the Tamil Nadu authorities claims 1.422 cardinal radical volition payment from its indebtedness waiver scheme.

Dr. Anbumani said portion Mr. Vijay had promised a afloat waiver of loans for farmers owning up to 5 acres and a 50% waiver for those owning much successful his manifesto for the 2026 Assembly elections, his authorities has imposed strict conditions and constricted waivers to conscionable ₹5,000 to ₹50,000.

Published - June 04, 2026 01:21 americium IST

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