In Tamil Nadu generally the loan schemes dont fetch votes. I have personally helped over 7000 people get Mudra loan in Salem, these people are loyal only until they get the loan , once they get it , their repayment discipline is very poor.
Both these Dravidian parties indulge in competitive loan waiver politics during polls, result even those repaying their loans look like f*ols. This kind of unhealthy politics by both Dravidian parties has eroded the competitive spirit of Tamil Business community
Those with political connections get big loans and these are the guys who get the waivers. The co-operative banks run by these Dravidian parties is the major siphoning route. Thats why you will find more violence taking place during co-operative bank polls than Assembly polls
I have seen DMK guys telling those who availed MUDRA loan, " why should you repay , its tax payers money, not Modi's money , next we are going to come to power, we will waive this loan, so if you dont want to repay , vote for DMK" This was their pitch, so the gullible fall for it
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