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18.74 Crore Farmers Under Agricultural Loans: Tamil Nadu, UP, Karnataka Top List

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By Rediff Money Desk, New Delhi   Dec 10, 2024 18:18

India has 18.74 crore farmers with outstanding agricultural loans, with Tamil Nadu, Uttar Pradesh, and Karnataka leading the list. Learn about farm loan obligations and state-level waivers.
18.74 Crore Farmers Under Agricultural Loans: Tamil Nadu, UP, Karnataka Top List
Illustration: Dominic Xavier/Rediff.com
New Delhi, Dec 10 (PTI) As many as 18.74 crore farmers were under agricultural loan obligations as of March 31, with Tamil Nadu, Uttar Pradesh, and Karnataka leading in outstanding loans, Parliament was informed on Tuesday.

The data submitted by Minister of State for Agriculture Ramnath Thakur in his written reply to the Lok Sabh revealed that all 37 states and Union Territories have farmers' bank accounts with agricultural loans.

Tamil Nadu topped the list with 2.88 crore farmers having outstanding loans, followed by Uttar Pradesh with 1.88 crore, and Karnataka with 1.62 crore farmers, it said.

The minister clarified that the central government has not announced any farm loan waiver between 2019 and 2024, though several state governments have implemented their own loan waiver schemes.

Additionally, no state has requested additional funds or support for farmer relief programmes, he added.
Source: PTI
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