Karnataka CM Siddaramaiah Takes Immediate Action on Microfinance Harassment

TeamCoreStory

5 months ago

action against harassment by microfinance firms

Karnataka CM Siddaramaiah action on microfinance harassment: Karnataka CM Siddaramaiah has taken immediate action on complaints related to harassment by microfinance companies in the state. Speaking to reporters on Sunday, Siddaramaiah confirmed that helplines have been set up in the offices of respective deputy commissioners, making it easier for citizens to report any issues related to microfinance harassment.

Immediate Action on Microfinance Harassment in Karnataka

Siddaramaiah emphasized that his government would act swiftly upon receiving complaints about harassment by microfinance companies. The helplines are now operational in various districts, enabling citizens to report grievances directly to local authorities. These actions come as part of the state government’s broader efforts to curb the malpractice of harassment by microfinance firms.

A High-Level Meeting on Microfinance Issues

A day before his statement, CM Siddaramaiah convened a high-level meeting with key government officials, including Deputy CM D.K. Shivakumar, Home Minister G. Parameshwara, and Law Minister H.K. Patil. The meeting focused on developing measures to address the issues of harassment by microfinance companies and ensure the welfare of the people.

Considering a CID Probe into Microfinance Harassment

PWD Minister Satish Jarkiholi, speaking in Belagavi, revealed that the Karnataka government is considering ordering a CID probe into complaints regarding microfinance harassment. Various districts, including Gokak, Belagavi, and Hukkeri, have reported multiple incidents where microfinance companies have reportedly subjected individuals to undue pressure and threats. The government plans to look into these reports seriously.

Strengthening Action Against Microfinance Harassment

The government’s swift actions include not only setting up helplines but also investigating the matter through a potential CID probe. These efforts signal a stronger push from the Karnataka government to regulate microfinance activities and protect the public from exploitation.

Protecting the Public from Microfinance Harassment

Karnataka CM Siddaramaiah’s proactive steps against microfinance harassment demonstrate the government’s commitment to public welfare. With the introduction of helplines and a possible CID investigation, the government is taking the necessary steps to bring justice and ensure that people are not subjected to the undue stress caused by microfinance companies.