India News | DMK Will Waive All Cooperative Bank Loans Taken by SHGs: Stalin
Get latest articles and stories on India at LatestLY. DMK President M K Stalin on Saturday promised to waive all loans taken from cooperative banks by women Self Help Groups (SHG), if the party comes to power after the coming assembly elections in the state.
Coimbatore, Feb 20 (PTI) DMK President M K Stalin on Saturday promised to waive all loans taken from cooperative banks by women Self Help Groups (SHG), if the party comes to power after the coming assembly elections in the state.
Addressing a large gathering of party workers near Pollachi, Stalin stated that he had already assured to waive jewel loans of up to five sovereigns availed by the poor, farmers and particularly women.
"Today Stalin assures to waive the loans taken by women SHGs from cooperative banks once the DMK comes to power," he said at the 'Ungal Thoguthiyil' event.
"Chief Minister K Palaniswami may make a similar announcement of loan waiver for SHGs tomorrow itself as he has been closely observing what I have been promising..," he said.
On the Pollachi sexual assault case, he said the party would take steps to punish those involved in the case if it came to powe.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)