On November 20, 2020, Government of India sanctioned a loan of 3,971 Crores of rupees for micro irrigation projects in Tamil Nadu. This is one of the biggest loans being sanctioned for the state of Tamil Nadu. The loan has been sanctioned at subsidized interest rate under micro irrigation fund. The micro irrigation fund was created within the National bank for Agriculture and Rural Development, NABARD. The micro irrigation funds are used only to implement micro irrigation projects