Jul 03, 2017 01:20 PM IST | Source: NEWS18.com
In its April order, the High Court had asked the Tamil Nadu government to waive farm loans obtained by all farmers, instead of limiting the benefit only to those owning less than five acres of land.
The Supreme Court on Monday stayed a Madras High Court order directing the Tamil Nadu government to waive off farm loans for all farmers in the state. The High Court order had put an additional burden of Rs 1,980 crore on the state exchequer. The apex court has also issued notices to the National South Indian River Interlinking Agriculturist Association that had sought the debt waiver.
In its April ord…
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