The Hindu Business Line : TN farmers seek waiver of crop loans

Close on the heals of the move by the DMK Government to waive the loans extended by the State's co-operative banks to the agriculturists, farmers in Tamil Nadu are now asking the Government to come out with similar relief in the case of crop loans availed by the farmers from commercial banks.

According to Mr Vyapuri, President of the United Farmers Association of Tamil Nadu, Salem-based farmers body, the farmers who had obtained crop loans from nationalised banks too be given similar waiver. He also urged that in the case of farmers who had repaid their farm loans to the cooperative banks should be refunded.

Kuruvai paddy

The farmer leader also wanted the Government to announce in advance the minimum remunerative price for the `kuruvai' paddy crop to be raised in the ensuing season considering the prospects for the scheduled release of the cauvery water for the farming operations by July 12.

Advance announcement would encourage the paddy growers to plan their farming operations, thereby eliminating uncertainties in marketing their produce, he added.

Mr Vyapuri said the recent destruction caused to the standing banana and arecanut plantations in some of the district by the high velocity winds was on account of the systematic destruction caused to the natural `bund trees' in village `porombokes' that used to act as wind-splitters. The State should initiate a project to protect or rejuvenate such `tree bunds'.

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