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

Written by: Team Angel OneUpdated on: 16 Jun 2026, 9:59 pm IST
Tamil Nadu government revises cooperative crop loan waiver up to ₹75,000 for all farmers, benefiting 14.43 lakh farmers with a total expenditure of ₹5,932.23 crore.
Tamil Nadu Government Announces
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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. 

Want to track these market movements in Hindi? Visit Angel One News for daily updates and comprehensive share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jun 16, 2026, 4:28 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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