Question : CO-OPERATIVE FARM LOAN WAIVER SCHEME



(a) whether the Union Government has received any proposal from the State Government of Tamil Nadu to provide financial assistance for Co-operative Farm Loan Waiver Scheme;

(b) if so,the details thereof;and the status thereon; and

(c) the time by which the final decision in this regard is likely to be taken?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI S.S. PALANIMANICKAM )

(a) to (c) : Yes,Sir.The Government of Tamil Nadu had requested for reimbursement for an amount of Rs. 33 87.40 crore waived by the State Government under the Debt Waiver Scheme 2006, implemented in Tamil Nadu.The matter was examined and it was found that the compensation requested by the Government of Tamil Nadu did not fall within the scope of the Agricultural Debt Waiver and Debt Relief Scheme,2008 (ADWDRS) of Government of India.