Crop loan waiver scheme has come a cropper, fume farmers in Coimbatore and Tiruppur
Farmers in Coimbatore and Tiruppur have expressed dissatisfaction with the State government's crop loan waiver scheme. They argue that the proposed waivers are insufficient to address their financial struggles and accuse the government of failing to fulfill its election promises. Protests are planned in response to the perceived inadequacies of the loan waiver program.
- ▪Farmers rejected the loan waiver scheme, stating it is inadequate for their livelihood.
- ▪The government promised complete loan waivers for small farmers but has not delivered as expected.
- ▪Protests are scheduled for June 1 to voice concerns over the loan waiver's effectiveness.
Opening excerpt (first ~120 words) tap to expand
The State government’s crop loan waiver announcement was discussed in detail during the monthly farmers’ grievances redress meeting on May 29, 2026 (Friday) in Coimbatore and Tiruppur districts.Farmers, by and large, rejected the basis of loan waiver, which, they said, was meagre to sustain their livelihood, and some even reprimanded the TVK government, stating that the leadership had gone back on the election promise of complete loan waiver for farmers with five-acre holdings, and 50 % waiver for those with higher acreage under cultivation.While acknowledging the positive impact of complete waiver for marginal farmers who had borrowed less than ₹50,000, and ₹40,000 waiver for those among them who had borrowed loans between ₹50,000 and ₹60,000, the representatives of farmer associations…
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