Chief minister Oommen Chandy, while briefing the cabinet decisions, announced a one year moratorium for repayment of loans taken from government agencies in the wake of increasing farmer suicides. The moratorium has been announced for loans taken from housing board and vegetables and fruit promotion councils. The decision was taken on the basis of a report by K Jayakumar. Apart from that, the government also decided to withdraw penalty on interests and those who had remitted loans on time would be given back 10 % of the interest. 

Source: Kerala