Puducherry government has set aside ₹2 crore for farm loan waiver, says Chief Minister N. Rangasamy
The Hindu
he Puducherry government has taken a policy decision to waive farm loans to the tune of ₹13. 36 crore, which were taken by farmers from cooperative banks, Chief Minister N. Rangasamy said on Thursday (August 15, 2024).
The Puducherry government has taken a policy decision to waive farm loans to the tune of ₹13. 36 crore, which were taken by farmers from cooperative banks, Chief Minister N. Rangasamy said on Thursday (August 15, 2024).
Addressing a gathering after hoisting the national flag at the Independence Day celebrations on Beach Road, the Chief Minister said a sum of ₹2 crore has been set aside for the farm loan waiver programme in the Union Territory’s (UT) Budget for 2024-25.
Measures have been taken to reopen the Pondicherry Cooperative Sugar Mill at Lingareddipalayam with private participation this year, Mr. Rangasamy added. The mill will be ready for production of ethanol and sugar, and the government has decided to upgrade the facility for bread production at the Cooperative Milk Producers Union (popularly known as Ponlait). The production unit will be scaled up with a Central assistance of ₹40 lakh, the Chief Minister said.
Mr. Rangasamy also announced the strengthening of the criminal justice system in the UT. A sum of ₹6 crore would be spent to improve the sharing of information between departments such as the police, court, and jail. The programme would be taken up under the Inter-Operable Criminal Justice System programme initiated by the Central government.
Upon his arrival for the Independence Day celebration, the Chief Minister was given a guard of honour by the territorial police. He then hoisted the national flag. After addressing the gathering, the Chief Minister presented awards and medals to various sections of people, including police officers, for their exemplary work in their respective fields.
He also witnessed a march-past by the various contingents of the territorial police, fire service, NCC, NSS, ex-servicemen, and school students. Cultural programmes, including those from other States, were held as part of the celebrations.
Speaker R. Selvam, Home Minister A. Namassivayam, Minister for Adi Dravidar Welfare A.K. Sai J. Saravanan Kumar, Opposition leader R. Siva, legislators, and senior officials were present at the event. After the event on Beach Road, the Chief Minister visited the Legislative Assembly and hoisted the national flag.
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