Sunday, September 6


Status: Not ApprovedHEAD: 25_Mum_PK_25_Mum_PK_moneylenderByline: Priyanka KakodkarGovt plans to make laws against unlicensed moneylenders stricterGovt to make laws against unlicensed moneylenders stricter: MoS HomePriyanka KakodkarMUMBAI: minister of State for Home Pankaj Bhoyar said on Wednesday that the state is planning to make the law against unlicensed moneylenders more stringent by amending the Maharashtra Money-Lending (Regulation) Act, 2014.He replied to a debate in the House on the case of a farmer from Chandrapur who sold his kidney for Rs 8 lakh in Cambodia to repay a loan to 6 moneylenders in 2024.The farmer took a loan of Rs 9 lakh. Over time, he returned Rs 48.5 lakh as a result of the steep interest, and 1 acre of land to the 6 accused. He sold his kidney to repay the remaining loan.The 6 accused were arrested and an SIT was formed to inquire into the incident. “All these moneylenders were unlicensed. Their property will also be attached,” said Bhoyar.A district level committee was also formed under the chairmanship of the district collector to take strict action against illegal money lending.He said the racket was widespread across India. “The racket extends to Trichy in Tamil Nadu and Phnom Penh in Cambodia. There is also said to be a doctor in Delhi. 8 people are being probed,” said Bhoyar. MSID:: 128780634 413 |



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