Tamil Nadu Government Announces Revised Scheme for Cooperative Crop Loan Waiver Up to ₹75,000 for All Farmers

The Tamil Nadu government has announced a revised crop loan waiver scheme, increasing the waiver limit up to ₹75,000 for all farmers, as per the news reports.  

This revision is applicable to loans availed from cooperative banks between May 1, 2025, and February 28, 2026, benefiting 14.43 lakh farmers as per news report. 

Government Changes in Crop Loan Waiver 

The Tamil Nadu government has revised its crop loan waiver scheme, increasing the waiver limit to ₹75,000 for all farmers, regardless of their landholding size.  

Farmers who availed loans up to this amount from cooperative banks will receive a full waiver, while those with loans exceeding ₹75,000 will get a waiver of ₹35,000. 

Reason for Policy Revision 

As per news reports, the initial announcement of a ₹50,000 waiver for small and marginal farmers received mixed responses, prompting the government to reconsider the scheme.  

The revised policy aims to address the concerns of the farming community by extending benefits to all farmers. 

Effective Dates for New Waiver 

The revised crop loan waiver applies to loans availed between May 1, 2025, and February 28, 2026. This timeframe ensures that recent borrowers are included in the scheme. 

Beneficiaries of the Scheme 

The revised waiver benefits 14.43 lakh farmers, including 8,33,773 marginal farmers, 5,16,183 small farmers, and 93,548 large farmers. The total expenditure for the government is ₹5,932.23 crore. 

Read More: India Approves 100% Ethanol Fuel; Automakers Prepare to Launch E100-Compatible Vehicles! 

Conclusion 

The Tamil Nadu government's revised crop loan waiver scheme increases the waiver limit up to ₹75,000 for all farmers, benefiting 14.43 lakh farmers with a total expenditure of ₹5,932.23 crore. This policy aims to provide financial relief across the farming community. 

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