Farmers disappointed at silence on loan waiver

Farmers in Cauvery delta described the government’s silence on writing off farm loan as a disappointment. Allocation for irrigation schemes assuaged this to some extent.

Published: 15th February 2020 05:36 AM  |   Last Updated: 15th February 2020 05:36 AM   |  A+A-

By Express News Service

NAGAPATTINAM: Farmers in Cauvery delta described the government’s silence on writing off farm loan as a disappointment. Allocation for irrigation schemes assuaged this to some extent. NV Kannan, district secretary of Tamil Nadu Farmers Association said, “Even expectations like an increase in incentive to paddy procurement and sugarcane prices were not met.

” Sundara Vimalnathan of Swamimalai pointed out the allocation for farm loans through cooperative societies has been increased by only marginally. “The quantum of loan fixed on cultivation costs basis, has increased by 20%. However, quantum of loan has increased only by 10%,” he said.

Stay up to date on all the latest Tamil Nadu news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp