The matter pertains to loans obtained from primary agricultural cooperative banks till March 31, 2016. "We are aware that the financial situation of the state government is grim. ""The file also does not contain any material to show that the small and marginal farmers alone were affected very much by the onslaught of drought and crop loss. The contention that the maximum beneficiaries with minimum funds is the underlying policy of the government cannot be countenanced. "The present order was given on a petition filed by P Ayyakannu of the National South Indian River Interlinking Agriculturist Association seeking debt waiver.

Source: Times of India April 04, 2017 06:37 UTC