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LATEST NEWS UPDATES | Extend farm loan waiver to all: HC -Sureshkumar

Extend farm loan waiver to all: HC -Sureshkumar

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published Published on Apr 5, 2017   modified Modified on Apr 5, 2017
-The Hindu

It also suggested that the Centre come forward to extend financial help to Tamil Nadu “during this difficult situation”.

Chennai:
Asserting that there is no rationale behind the classification of farmers into three groups for the purpose of granting farm loan waiver, and that there is no intelligible differentia taken note of by the State government, a Division Bench of the Madras High Court headed by Justice S. Nagamuthu has directed the government to extend the waiver to all the farmers irrespective of their extent of landholding.

In view of the High Court’s direction, the State government has to bear an additional burden of Rs. 1,980 crore over the already already committed Rs. 5,780 crore.

On the other hand, the order extends the loan waiver benefit to 3,01,926 farmers in addition to 16,94,145 farmers, who have already benefitted.

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The Hindu, 4 April, 2017, http://www.thehindu.com/news/national/tamil-nadu/madras-hc-directs-tn-govt-to-waive-loans-of-drought-affected-farmers/article17815190.ece?homepage=true


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