Loan waiver for Tamil Nadu farmers on hold as SC stays Madras HC’s order

New Delhi: The Supreme Court on Monday put a stay on the Madras High Court order directing Tamil Nadu government to waive loans of all drought-hit farmers.

The Madras High Court had directed the Tamil Nadu government to waive off all agricultural loans taking cognizance of their 23-day protest at Jantar Mantar in New Delhi.

The Madurai bench of the Madras High Court had also ordered cooperative societies and banks to waive off the loans of the farmers and not recover their dues.

The Tamil Nadu government, however, had filed a petition in the apex court against the Madras High Court order.


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