Chief Minister V Narayanasamy said the cabinet had approved the proposal of the Cooperative Department.
Puducherry government would write off crop loans by farmers to the primary agricultural cooperative societies, totalling about Rs 20 crore.
Talking to reporters today, Chief Minister V Narayanasamy said the cabinet had approved the proposal of the Cooperative Department to write off crop loans totalling Rs 20 crore due from farmers to the primary agricultural cooperative societies.
This would benefit around 6000 farmers in the union territory, he said. He said the cabinet had also decided to encourage private players to set up universities in the Union Territory in keeping with the stand of the Central government.
"The government will only be a facilitator and all the logistics to set up the university including acquisition of land would be the responsibility of the private entrepreneurs", he said.