Govt to crackdown on moneylenders who harass people

On directions of Chief Minister H D Kumaraswamy, Chief Secretary T M Vijayabhaskar has issued a circular.

Karnataka state government has issued a direction to all regional commissioners, IGPs of all ranges and Deputy Commissioners and Superintendent of Police of all districts to take necessary steps to stop harassment of borrowers by moneylenders.

On directions of Chief Minister H D Kumaraswamy, Chief Secretary T M Vijayabhaskar has issued a circular: "Government is examining the proposal to table Karnataka Debt Relief Bill 2018 to relieve small farmers, agricultural labours and other weaker sections of the society of their burden of debts. This information has been published in various newspapers."

In this wake, it has been noticed that many such borrowers are illegally harassed and assaulted by moneylenders in various instances.

Hence it is hereby directed to take legal action against those who are harassing or assaulting such borrowers".

ALSO READ: Anxious time for debtors till ordinance is promulgated

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Govt to crackdown on moneylenders who harass people

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