Special Correspondent

Ponmudi issues "no due certificates" to farmers

VILLUPURAM: The farm loan waiver scheme of the DMK Government has benefited as many as 1,73,389 farmers in Villupuram district. Their aggregate borrowings from cooperative banks are to the tune of Rs 400 crore, and the entire amount has been written off.

As per the order signed by Chief Minister M. Karuanindhi, soon after assuming office, the loans along with interest accruals amounting to Rs. 7,000 crore have been waived for farmers across the State, according to K. Ponmudi, Minister for Higher Education.

At a function held here on Monday, Mr. Ponmudi issued the "no due certificates" to the indebted farmers. He said the Chief Minister had been sensitive to farmers' problems and attentive to their demands.

During his earlier regime, Mr. Karunanidhi had introduced the hybrid paddy variety like IR-20 that enabled the farmers to increase the yield considerably.

The free electricity supply for farm operation had benefited 16 lakh farmers, he said.

The Minister pointed out that the erstwhile AIADMK government had given only interest concession on farm loans, whereas, the DMK government had totally waived the loans, including interest.

Above all, such a benefit was made available to the entire farming community, without distinguishing them as big, small and marginal farmers. This was an unprecedented move that no other States had ever contemplated leave alone implemented, he said.

Fresh farm loans

Mr. Ponmudi said since the water had been released from the Mettur Dam for irrigation on time (on June 12), the Chief Minister was making arrangements for extending fresh farm loans to keep the farming operations going.

District Collector Ashish Chatterji said besides the loan waiver scheme, all other schemes of the Government would be implemented. K. Dhanraj, MP, said by waiving the farm loans, the Chief Minister had fulfilled the election promise.

The MLAs T. Udhayasooryan, V. Kannan, S. Pushparaj, K. Thirunavukkarasu, A. Angayarkanni, P. Senthamil Selvan and V.A.T. Kalivaradhan, Joint Registrar (Cooperatives) P. Thiagarajan and general manager of the Central Cooperative Bank N.Subramanian spoke.

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