Jayalalithaa writes off farm loans

Jayalalithaa writes off farm loans, orders free power

Chennai, May 23 (IANS) Soon after assuming office for the sixth time, Tamil Nadu Chief Minister J. Jayalalithaa on Monday signed orders writing off farm loans, and free power for first 100 units for domestic consumers and 750 units for handloom weavers — to fulfill her poll promises.

Orders were also issued to reduce the working time of government owned liquor shops, and to give away eight gram of gold in marriages of poor girls.

In a statement here, the government said Jayalalithaa signed the orders to waive off the farm loans, medium- and long-term loans from cooperative banks.

The financial impact for the government will be Rs.5,780 crore, the statement said.

She also signed the orders to offer free power to domestic users up to first 100 units.

The government would provide an additional subsidy of Rs.1,607 crore to the power utility per year for this.

Jayalalithaa also passed orders to provide eight gram gold — earlier four gram gold — to poor girls on their marriage.

The ruling AIADMK also promised phased implementation of liquor prohibition in the state.

Liquor is retailed in Tamil Nadu by a state government undertaking popularly known as Tasmac outlet.

Jayalalithaa passed orders to close down 500 liquor outlets in the state and curtail the working hours of these outlets.

According to new order, liquor shops will be open between 12 noon and 10 p.m. Earlier, these shops functioned between 10 a.m. and 10 p.m.


  1. So it continues…. the pork barrel politics. Throw someone else’s money at the electorate and win elections. When the crunch time comes either due to draught or floods, go to the centre with a cap in the hand to steal money from other states’ tax receipts. If you don’t budge, threaten with breaking the grand political alliance. The government has no other option but to concede as nobody wants to be out of power. Isn’t India one wonderful banana republic?

    Rajan is one person who has some fortitude to do the right thing for the country but now even BJP is planning for his ouster. I thought atleast BJP would be sensible in financial affairs but this episode tells every political party is the same. Modi’s intentional silence on Swamy’s attack on Rajan is a testament to this. Every government wants loose monetary policies to stay popular.

  2. Mr. Horny Manatee,

    Your views are thought provoking.

    I have never had the time, nor the urge to attend or watch electioneering campaigns. However, when I see the people thronging these elections on the television screens and other forms of media, the way they are swayed by their idols, their behaviour, sycophancy and the time they have to waste, etc., I feel that most Indians are not matured enough for democracy.

    Any man with common-sense and brains and especially if he has had sound education, will realise Jayalalitha is not a saint and she is not giving the peope anything, be it televisions, laptops, microwaves, etc. from her pocket, but by ransacking the State’s exchequer. When there were floods in Tamil Nadu, she was undergound and after the calamity she surfaced and gave freebies to the victims in bags containing her picture. She is like a dictator in Tamil Nadu.

    She must have made Tamil Nadu’s economy bankrupt. Such are the politicians that most Indians adore.

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