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HEAD: 25_Mum_PK_25_Mum_PK_moneylender Byline: Priyanka Kakodkar Govt plans to make laws against unlicensed moneylenders stricter Govt to make laws against unlicensed moneylenders stricter: MoS Home Priyanka Kakodkar MUMBAI: minister of State for Home Pankaj Bhoyar said on Wednesday that the state is planning to make the law against unlicensed moneylenders more stringent by amending the Maharashtra Money-Lending (Regulation) Act, 2014. He replied to a debate in the House on the case of a farmer from Chandrapur who sold his kidney for Rs 8 lakh in Cambodia to repay a loan to 6 moneylenders in 2024. The farmer took a loan of Rs 9 lakh. The 6 accused were arrested and an SIT was formed to inquire into the incident. 8 people are being probed,” said Bhoyar. MSID:: 128780634 413 | You Can Also Check: Gold Rate in Mumbai | Silver Rate in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai | Mumbai AQI | Weather in Mumbai | Petrol Price in Mumbai | Diesel Price in Mumbai | CNG Price in Mumbai | LPG Price in Mumbai Stay updated with the latest Mumbai news.
Over time, he returned Rs 48.5 lakh as a result of the steep interest, and 1 acre of land to the 6 accused.
Their property will also be attached,” said Bhoyar. He said the racket was widespread across India. There is also said to be a doctor in Delhi.
He sold his kidney to repay the remaining loan. “All these moneylenders were unlicensed. A district level committee was also formed under the chairmanship of the district collector to take strict action against illegal money lending. “The racket extends to Trichy in Tamil Nadu and Phnom Penh in Cambodia. Download the TOI App.