Farm loan waiver
Crop loans taken from cooperative banks by farmers holding less than 5 acres of land will be waived in full. For farmers holding more than 5 acres, 50% of crop loans taken from cooperative banks will be waived.
Evidence timeline
- § Manifesto promise (p. 43)
Promise made in the TVK 2026 People's Election Manifesto.
- ▸ Announcement
CM Vijay announced a crop-loan waiver up to ₹50,000 for ~14.22 lakh cooperative-bank farmers (loans from May 2025–Feb 2026); ₹2,044 crore allocated.
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- ⚠ Setback
Farmers protested in Coimbatore that the announced waiver is a capped, slab-based scheme that falls short of the promised full waiver for under-5-acre farmers; no government order has been issued yet.
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- ↑ Milestone
After the protests, the cooperative crop-loan waiver was expanded to a 100% waiver up to ₹75,000 for all farmer categories, plus ₹35,000 relief on larger dues - 14.43 lakh farmers, ₹5,932.23 crore. Issuance of a government order is not yet confirmed.
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- ₹ Budget allocation
The maiden TVK budget allocated ₹5,932 crore for the expanded waiver (14.43 lakh farmers). The promised unlimited full waiver for under-5-acre farmers is still not fully met; disbursement is not yet confirmed.
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