Plea to waive loan of deceased farmer

Tamizhaga Vivasayeegal Sangam has asked the Union Government to pass on the benefit of 50 per cent subsidy to the kin of Ramasamy (65), a farmer of Vadavalli village, near Karamadai, in Mettupalayam taluk, who reportedly committed suicide on Saturday. Secretary of Tamizhaga Vivasiygal Kootiyakam K.A. Subramaniam said that the farmer had obtained Rs. 70 lakh as loan for establishing a green house unit on his farm land in 2014.

“He was informed that he will get 50 per cent (Rs. 35 lakh) subsidy, but he did not get it,” he said.

He added that the farmer faced difficulty in repaying it because of this. He, however, repaid Rs. 6.5 lakh.

The Union Government and the nationalised bank concerned should take steps to waive the rest, and hand over the land documents to the kin of the farmer, he said.

Mr. Subramaniam asked the Horticulture Department to provide proper guidance to farmers.

Ramasamy had spent nearly Rs. 75 lakh to establish a green house unit, and raised capsicum and tomato among others. But, he was unsuccessful as this unit did not facilitate growth of such plants there, he said after visiting the farmer’s land.

At a press meet, he said that farmers expected waiver of all loans taken by them as agriculture has suffered a big blow in the last few years due to various reasons.

Farmers’ associations will decide on extending their support to the party or alliance that promise to waive loans, he added.

Evening Thunderstorms Likely Across Coimbatore Over Next 3 Days

Coimbatore to experience hot mornings and increasing evening thunderstorm activity over the next three days, with clouds...

Coimbatore Press Club flags irregularities in issuing media passes for covering election counting

Coimbatore Press Club has alleged discrepancies in issuance of media passes for polling and counting, urging the Chief E...

“Not 140 — Over 200 Seats Certain,” Says Selvaperunthagai in Coimbatore

Speaking at Coimbatore Airport, Tamil Nadu Congress leader Selvaperunthagai dismissed opinion polls as attempts to “shap...

Youth dies after car plunges into roadside pond near Periyanaickenpalayam

A youth died after his car plunged into a roadside pond on Kattanji Malai–Thayanur road near Periyanaickenpalayam in Coi...

DYFI Protests in Coimbatore Against Railway Staff Reduction, Says PM’s Promises Not Fulfilled

Members of the Democratic Youth Federation of India (DYFI) staged a protest in front of Coimbatore Railway Station again...

Coimbatore City Police Announce Traffic Diversions for This Evening’s Flag March Ahead of Vote Counting

Traffic restrictions will be in place across key stretches in Coimbatore this evening (May 2) as city police conduct a f...