Farmers may get sweet news?
CM may follow Andhra-Telangana model to waive off the loans
Bengaluru, May 29: Chief Minister HD Kumaraswamy, who has said that he would declare the issue of loan waiver on Wednesday, is likely to follow Andhra and Telangana model in waiving off the farmers loans.
After holding a marathon meeting with the officials of the Finance department at his home office Krishna here on Tuesday, Kumaraswamy got information on pros and cons of waiving off Rs 53,000 crore farm loans on the state exchequer. The officials said that both Andhra Pradesh and Telangana have waived off farmers loans to the tune of Rs 22,000 crore and Rs 17,000 crore respectively and they have been paying the concerned banks in installments.
After waiver off the loan amount, the government has to pay the amount to the banks in installments. As the governments have given security for financial transactions, the banks have agreed for this method. Now, the CM has discussed with the officials on following this model in the state, it is said.
Even the Chief Minister is also aware of the fact that it is impossible to pay Rs 53,000 crore at a time. Keeping this in mind, he has planned to follow Andhra and Telangana model. Sources said that the officials of the Finance department have also agreed for this proposal.
Meanwhile, the officials also have given suggestions on accumulating the additional amount to be paid in installments to the banks in order to ease the financial burden on the government. After holding the meeting with the leaders of the farmers’ organizations, the Chief Minister is likely to announce his decision, it is said.
Amidst the tug of war between JDS and Congress over getting finance portfolio, the Congress high command has given a green signal to keep the Finance Portfolio with the Chief Minister himself. When Kumaraswamy expressed his helplessness as the Chief Minister without Finance portfolio, the Congress high command changed its decision, it is said.
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Bank account in Ramgarh tracked for fraudulent fund transactions across 24 states, 4 arrested
Ramgarh (Jharkhand) (PTI): Jharkhand police on Thursday said it has unearthed a network of interstate cyber frauds and arrested four miscreants for fraudulent transactions through a bank account in Ramgarh district after complaints of 274 suspected transactions in 24 states.
The states where complaints for fraudulent transactions were registered included Maharashtra, Karnataka, West Bengal, Uttar Pradesh, Telangana, Tamil Nadu, Kerala and Andhra Pradesh.
The action followed inputs received through 'Samanvaya portal', a centralised, web-based platform launched by the Union Home Ministry to curb cybercrime.
"We arrested four cyber miscreants after a current account with Kuju (Ramgarh) branch of the State Bank of India was found to have registered suspected financial transactions in 24 states with the help of the Pratibimba portal of the Home Ministry through the Samanvaya portal," Ramgarh Superintendent of Police Mukesh Kumar Lunayat said.
During the probe, police found that the account was opened under the MSME Udyam Registration scheme in the name of Shree Ganesh Enterprises, he said.
The account had been linked to as many as 274 complaints from different states related to cyber fraud and illegal fund transfers.
The registered proprietors of the enterprise were identified as Rahul Gupta (37), Ravi Kumar Verma (34), and Ajay Sharma (33), all residents of Ramgarh district, a statement from the Ramgarh police said.
During interrogation, Rahul Gupta and Ravi Kumar Verma revealed that they had opened multiple current accounts at the behest of Ritesh Agrawal alias Munna (40) and Sonu Kumar Jha (34).
They admitted receiving Rs 1.2 lakh in exchange for facilitating the opening of these accounts.
"The accused further confessed to sharing OTPs, activating mobile banking services, and handing over control of the accounts to the main operators through WhatsApp and Telegram groups. These accounts were then allegedly used to route fraudulent transactions.
Police said mobile data analysis of the accused led to the recovery of crucial digital evidence, including details of SIM cards, bank accounts, passbooks, ATM cards, QR code scanners, Aadhaar cards, and PAN cards shared through messaging platforms.
A total of four accused have been arrested so far and sent to judicial custody.
A case has been registered at the Cyber Crime Police Station under relevant sections of the Bharatiya Nyaya Sanhita (BNS) 2023 and Sections 66C and 66D of the Information Technology Act, 2000.
Further investigation is underway, the police said.
