Activist P. Ayyakannu filed a public curiosity litigation petition earlier than the Madurai Bench of the Madras Excessive Court docket on Friday looking for course to the Centre to think about the plight of farmers and forbear from taking any coercive steps in the direction of restoration of loans.
The petitioner mentioned that farmers had been struggling financially because of the COVID-19 pandemic scenario and had been unable to make ends meet. The farmers had borrowed loans from nationalised banks, personal scheduled banks and different personal monetary establishments. The restoration of loans might be postponed by two years, he mentioned.
A Division Bench of Justices T. S. Sivagnanam and S. Ananthi noticed the problem raised by the petitioner was a coverage resolution that needed to be taken by the federal government and the courtroom can’t difficulty any course on this regard.
The courtroom mentioned that Chief Minister M.Okay. Stalin had spoken in regards to the difficulty and the matter was taken up at greater ranges. Because the matter was dropped at the courtroom’s discover, the judges mentioned that the counsel may place earlier than the courtroom the developments on this regard. The case was adjourned.