Raichur:
The spouse of a person who dedicated suicide has despatched her mangalsutra to House Minister G Parameshwara on Thursday, demanding motion towards the employees of a microfinance firm who allegedly drove her husband to take his personal life.
The mangalsutra is a sacred thread worn by married Hindu girls to symbolise their marital standing and bond with their husbands.
Parvathi, the widow, has claimed that the employees members of the microfinance firm harassed and tortured her husband, Sharanabasava, resulting in his demise. She has demanded fast motion towards these accountable. Native organisations have additionally come ahead to assist her trigger.
She had additionally met the Superintendent of Police of Raichur district and submitted a memorandum concerning the incident.
Sharanabasava reportedly died by suicide on January 17 by consuming poison in his village of Kapagal, close to Manvi city in Raichur district. His household alleged that he was subjected to each day harassment by the microfinance firm employees.
The person who died, who labored as a cab driver and labourer, had taken a mortgage of Rs 8 lakh from non-public microfinance firms. Unable to pay a couple of EMIs, he was allegedly harassed by their employees. Locals said that many people within the area are on the run on account of comparable harassment by microfinance lenders.
Responding to the difficulty of torture by microfinance firms, House Minister G. Parameshwara said on Thursday in Udupi that microfinance firms are pressuring prospects, partaking in bodily assault, and seizing properties.
“There is no such thing as a authorized provision for such acts. If a police grievance is lodged, motion might be taken,” he assured.
Union Minister for Heavy Industries and Metal, H.D. Kumaraswamy, has urged the Congress-led Karnataka authorities to take acceptable motion on this matter.
Sources have confirmed that Chief Minister Siddaramaiah has referred to as for a gathering on this problem on January 25 in Bengaluru.
Studies counsel that Deputy Commissioners’ workplaces throughout the state are flooded with petitions looking for authorities intervention to cease the harassment by microfinance firms. In Belagavi district alone, 2.71 lakh purposes have been submitted. Different districts with vital petition numbers embody Bagalkot (89,037), Vijayapura (75,000), Mandya (42,500), Gadag (41,116), Dharwad (36,489), Ramanagar (33,326), Hassan (24,556), and Chikkaballapura (22,054).
Former Karnataka Chief Minister and BJP MP Basavaraj Bommai has accused the Congress-led state authorities of shedding management over microfinance establishments (MFIs), resulting in widespread harassment of susceptible residents.
In the meantime, Karnataka House Minister G. Parameshwara earlier acknowledged the difficulty, stating that the Finance Division should act towards MFIs working with out correct licenses.
“We’re not absolutely conscious of unlicensed microfinance firms within the state, however the Finance Division should intervene,” Parameshwara mentioned on Wednesday. He assured that complaints from affected folks would immediate fast motion and investigation.
The minister additionally famous latest incidents linked to MFI harassment. “A girl in Tiptur city of Tumakuru district dedicated suicide on account of harassment by MFIs. Comparable circumstances have been reported in and round Tumakuru. We now have registered circumstances and initiated authorized motion,” he mentioned.
Parameshwara harassed the necessity for preventive measures however admitted that proactive monitoring is difficult.
“Pointers exist for microfinance companies, however violations, particularly by unregistered entities, trigger issues. Harmless folks typically make investments their cash and get trapped. At any time when such violations come to our discover, we are going to act decisively,” he mentioned.
(Aside from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)