Madras High Court Directs Waiver Of Loan For All Farmers From Cooperative Banks | Read
In what would come as relief for thousands of farmers, the Madras High Court on Tuesday directed the Tamil Nadu government to waive loans of not just small farmers but all who incurred losses during the drought in the state. VR Kannan, a small farmer in Tamil Nadu's Trichy, suffered huge loss after his crop was destroyed last year due to unprecedented drought. The near ripe crop dried up after Karnataka's refusal to release Tamil Nadu's share of Cauvery waters as ordered by the Supreme Court.
