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The Hindu
The Hindu
National
Special Correspondent

Panneerselvam asks TN govt to provide funds to co-op societies for interest on waived jewel loans

AIADMK coordinator O. Panneerselvam on Wednesday complained that the State government had not yet issued an order, allocating funds towards interest outstanding on waived jewel loans, belonging to primary agricultural cooperative societies. 

In a statement, he recalled that when the government issued an order in November last year permitting the waiver of jewel loans to only 13 lakh beneficiaries, leaving out 36 lakh persons, it was stated that the government would bear the interest on such loans for the period from April to November.

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