Tamil Nadu Crop Loan Waiver: ₹5,932 Crore Outlay

Exam-focused facts from the 17 June 2026 current affairs briefing.

Key facts

Tamil Nadu Chief Minister C Joseph Vijay announced a full waiver of crop loans up to ₹75,000 for farmers who availed loans through cooperative banks.
The waiver is applicable for loans availed from May 1, 2025, to February 28, 2026.
Farmers who availed loans exceeding ₹75,000 will receive a waiver of ₹35,000.
The initiative will benefit 14.43 lakh farmers and entail an additional expenditure of ₹5,932 crore for the state government.
The disbursement follows the Reserve Bank of India (RBI) Model Operating Procedures for Government Loan Waiver Schemes, which mandate disbursement within 45 to 60 days.