TrendingVideosIndia
Opinions | CommentEditorialsThe MiddleLetters to the EditorReflections
Sports
State | Himachal PradeshPunjabJammu & KashmirHaryanaChhattisgarhMadhya PradeshRajasthanUttarakhandUttar Pradesh
City | ChandigarhAmritsarJalandharLudhianaDelhiPatialaBathindaShaharnama
World | United StatesPakistan
Diaspora
Features | Time CapsuleSpectrumIn-DepthTravelFood
EntertainmentIPL 2025
Business | My MoneyAutoZone
UPSC | Exam ScheduleExam Mentor
Advertisement

Governor Thawar Chand Gehlot clears Karnataka microfinance ordinance

Karnataka Governor Thawar Chand Gehlot signed the ordinance regarding the microfinance rules that the Karnataka government decided on through a Cabinet meeting earlier, the chief minister's office said Wednesday.
Advertisement

Bengaluru (Karnataka) [India], February 12 (ANI): Karnataka Governor Thawar Chand Gehlot signed the ordinance regarding the microfinance rules that the Karnataka government recently decided on at a Cabinet meeting, the chief minister's office said Wednesday.

Earlier, the Governor had sent back the ordinance, saying that some important issues needed to be addressed.

Advertisement

The chief minister's office today said that the Karnataka government addressed those issues that were raised by Raj Bhavan.

"Today, the Governor of Karnataka signed the ordinance to curb the microphone-related issues in Karnataka," the CMO said.

Several families in Karnataka were allegedly abused by the microfinance companies in Karnataka. Those families had complained that microfinance company representatives were harassing them in the name of repayment.

Advertisement

Against that backdrop, the state government brought in the ordinance to safeguard the people. (ANI)

(The story has come from a syndicated feed and has not been edited by the Tribune Staff.)

Advertisement
Tags :
karnataka governormicrofinance ordinancethawar chand gehlot
Show comments
Advertisement