Centre can't waive loans of Tamil Nadu farmers alone: Pon Radhakrishnan

MADURAI: Union minister Pon Radhakrishnan today said it would not be possible to waive loans of Tamil Nadu farmers alone as the Centre has to take into account the situation in the country before deciding on the issue.

"The situation in the whole country has to be taken into account by the Central government before deciding on writing off farm loans," he told reporters at the airport here.

The Ministries of Finance, Home and Agriculture are discussing the issue, he said.

A group of farmers from the state have been protesting in the national capital for the last 20 days demanding a drought relief package of Rs 40,000 crore from the Centre and farm loan waiver.

On the truck owners association strike, demanding cut in toll fee, among other things, Radhakrishnan expressed hope that the stir would come to an end and a solution would be arrived at soon.

He said talks between truck owners and transport department associations' functionaries would be held in Hyderabad tomorrow.

Noting that the Centre had decided to extend the National Highways in the country to two lakh kms, the Minister said, the toll fee has been increased "to meet the expenditure for the expansion programme."
Stay on top of business news with The Economic Times App. Download it Now!
FROM AROUND THE WEB

Learn how to trade Forex

Iforex

Fashion industry in 2020 by BCG & Facebook

Facebook India

Live, Love, Laugh – Leave a Legacy

Radius Developers

MORE FROM ECONOMIC TIMES

Ask why Lalu cannot contest elections: PM Modi

The Muslim who became Yogi Adityanath's gurubhai

6 interesting things about the new UP CM, Yogi Adityanath

From Around the WebMore from The Economic Times

Book your home with a relaxed payment plan

Godrej Properties

Own a Ranches home under 5:80:15 scheme

Mahaveer Group

Buy VAT preparation & calculation software

Sinewave

#1 Weird Tip To Get Tiny Belly In 15 Days (100% Results)

SlimNow

7 secrets that make Marwaris so good in business

I value money because I have seen tough times—Ajinkya Rahane

Disappointed BCCI uploaded Jadeja-Wade chat: Steve Smith

To beat Jio, Airtel gifts 30 GB free data to users