CM Siddaramaiah vows action against Microfinance firms, announces legal reforms to protect borrowers
Bengaluru (PTI): Karnataka Chief Minister Siddaramaiah on Sunday said the police would take action against microfinance companies in the state if complaints are filed regarding alleged harassment in the recovery of loans.
He also mentioned that his government would establish helplines for people to report any harassment.
Addressing reporters here, he said, "If a complaint is received, we will take action against the microfinance companies. We will also set up helpline numbers for people to report any issues with these companies. I have instructed police officials to act promptly upon receiving a complaint."
The CM's statement follows his announcement on Saturday that the government would amend existing laws related to money lending and introduce new legislation to safeguard the interests of genuine borrowers.
The announcement comes in the wake of reports of people dying by suicide and protests by women against the torturous microfinance companies across the state.
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Delhi's air quality in 'very poor' category at 386, 'severe' at 16 stations
New Delhi (PTI): The air quality in the national capital was recorded in the "very poor" category on Sunday morning, with an overall Air Quality Index (AQI) reading of 386, according to the Central Pollution Control Board (CPCB).
Data from the CPCB's Sameer app revealed that 16 monitoring stations in the city reported air quality in the "severe" category, while the remaining stations recorded "very poor" levels.
As per CPCB standards, an AQI between 0 and 50 is considered "good", 51 to 100 "satisfactory", 101 to 200 "moderate", 201 to 300 "poor", 301 to 400 "very poor", and 401 to 500 "severe".
The minimum temperature settled at 9.4 degrees Celsius, which is 1.3 degrees above the season's average, while the humidity was recorded at 91 per cent at 8:30 am, according to the India Meteorological Department (IMD).
The maximum temperature is expected to hover around 17 degrees Celsius, with the IMD forecasting a yellow alert for the city due to moderate fog.
