2 weeks ago
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Tamil Maanila Congress (Moopanar) president G.K. Vasan connected Sunday (May 17, 2026) urged the Tamil Nadu authorities to suspend the postulation of payments implicit cultivation loans from farmers until the loans are waived. His connection follows practice from husbandman associations calling for suspension of postulation of payments implicit cultivation loans until they are waived.
“When announcing indebtedness waivers, the authorities usually suspends the postulation of outgo implicit loans till it verifies the eligibility and documents of beneficiaries. The deadline for farmers to wage backmost loans without involvement is astir to end. After the deadline, they volition beryllium forced to marque the outgo with an involvement of 13%,” Mr. Vasan pointed out.
Such a script would impact the farmers from availing loans for cultivation, Mr. Vasan contended and further said that the Tamil Nadu authorities should widen a lending manus to farmers. “Farmers person appealed for waiving loans without immoderate conditions. So, the Tamil Nadu authorities should waive loans without conditions.”
