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Farmers of Salem, Tiruchi, Erode constitute a substantial chunk of beneficiaries
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Though a portion of the total loans waived pertains to “agricultural jewel loans”, this has been done in respect of the first-time borrowers.
| Photo Credit:
G. Moorthy
Farmers of Salem, Tiruchi, Erode constitute a substantial chunk of beneficiaries
The Tamil Nadu government’s crop loan waiver scheme has again spotlighted how skewed the distribution of benefits is.
Farmers in Salem, Tiruchi and Erode constitute a substantial chunk of the beneficiaries. Around 31% of the total outstanding loan amount waived ₹3,727.72 crore out of ₹12,110.75 crore is from these regions. Again, in terms of beneficiaries, those in these regions 4,28,138 account for 26% of the total of 16,43,347 farmers.