The claim

Tamil Nadu Chief Minister Vijay T. has announced a complete farm loan waiver scheme benefiting nearly 11.40 lakh farmers across the state. Under the initiative, the government will repay the outstanding loans directly to banks on behalf of eligible farmers. The move is being seen as a major relief for the agricultural sector, especially for small and marginal farmers struggling with financial pressure, crop losses, and rising input costs. Officials say the scheme aims to reduce debt burden and provide stability to farming families. The announcement has triggered strong reactions across political and farming circles, with supporters calling it one of the biggest farmer focused welfare decisions taken by the new government so far.