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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New Delhi (PTI): The Congress on Friday said it will "very soon" challenge in the Supreme Court the constitutionality of the Waqf (Amendment) Bill, 2025 that has been passed in Parliament.
The opposition party also said it will continue to resist all "assaults" of the Modi government on the principles, provisions, and practices that are contained in the Constitution.
Parliament early Friday approved the Bill after the Rajya Sabha gave its nod to the contentious legislation following an over 13-hour debate.
In a post in Hindi on X, Congress president Mallikarjun Kharge said, "The atmosphere in the country regarding the Waqf Board Amendment Bill is such that it feels like this bill has been brought to harass minorities. Late at night in the Lok Sabha, when this bill was passed, it received 288 votes in favour and 232 votes against. Why did this happen? This means there are many flaws in the bill."
From this, one can guess that despite opposition from various parties, this bill was brought arbitrarily, he said.
"This 'might is right' -- won’t be good for anyone!" Kharge said.
In a post on X, AICC general secretary in-charge organisation Jairam Ramesh said, "The INC will very soon be challenging in the Supreme Court the constitutionality of the Wakf (Amendment) Bill."
"We are confident and will continue to resist all assaults of the Modi Govt on the principles, provisions, and practices that are contained in the Constitution of India," he said.
The discussion on the Waqf Bill in the Rajya Sabha witnessed staunch objections from opposition parties, which termed the Bill "anti-Muslim" and "unconstitutional" with the government responding that the "historic reform" would benefit the minority community.
The Bill was passed in the Rajya Sabha with 128 members voting in favour and 95 opposing it. It was passed in the Lok Sabha early Thursday, with 288 members supporting it and 232 against it.
Ramesh also said that the INC's challenge of the CAA, 2019 is being heard in the Supreme Court.
The INC's challenge of the 2019 amendments to the RTI Act, 2005 is being heard in the Supreme Court, he noted.
"The INC's challenge to the validity of the amendments to the Conduct of Election Rules (2024) is being heard in the Supreme Court.
"The INC's intervention to uphold the letter and spirit of the Places of Worship Act, 1991 is being heard in the Supreme Court," the Congress leader added.
The Waqf Bill was passed in the Rajya Sabha with 128 members voting in favour and 95 opposing it. It was passed in the Lok Sabha early Thursday, with 288 members supporting it and 232 against it.
Parliament also approved the Mussalman Wakf (Repeal) Bill, 2025, with the Rajya Sabha giving its nod. The Lok Sabha had already given its assent to the Bill.
