The Gujarat Police have launched a special drive against usurious and private money lenders who charge exorbitant interest rates from middle class and lower income families who borrow from them. “The State government has launched this special campaign against private money lenders under the Gujarat Money Lenders Act, 2011. In every district, the Police have been holding special camps to …
Hyderabad: Congress Hyderabad candidate Mohammed Waliullah Sameer asserted the party's successful campaign in bringing about change in the Old City during a press conference following a review meeting with senior party leaders. Sameer addressed the economic challenges faced by Old City residents, noting their difficulty in obtaining loans due to negative perceptions. Consequently, residents were forced to resort to private …
Warangal: R Prakash, a goldsmith from Battala Bazar, took a Rs 10 Lakh loan from a moneylender, who was the local cable operator, for opening a gold shop. This was on condition that he would pay 10 per cent interest, on a daily basis for 100 days as also Rs 2,000 per day, to start the drinking water supply business. …
