Gujarat Govt Launches Crackdown on Illegal Moneylenders

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Gujarat Govt Launches Crackdown on Illegal Moneylenders

| Updated: July 9, 2024 20:15

The Gujarat Government has intensified its efforts to apprehend loan sharks and illegal moneylenders operating across the state. As part of a special drive, 134 FIRs have been filed against 226 individuals so far. 

This crackdown, which will be continued till 31st July 2024, aims to take strong measures against individuals who illegally lend money and harass common citizens under the Gujarat Money Lenders Act, 2011. 

Home Minister Harsh Sanghavi told media persons that “Under the leadership of CM Bhupendra Patel, Gujarat Police has initiated a special drive across the state to curb the spread of illegal money lending. People have lost their loved ones due to this crime. Such criminals take jewellery, homes, and even blank cheques as mortgages.”

Senior officers, including Inspector Generals of Police, Superintendents of Police, and Deputy Superintendents of Police have organised public gatherings to educate people on filing complaints against the individuals in illegal money lending cases. “I would request people to come forward to file complaints without any stress and fear of society. Police will conduct comprehensive investigations into such cases,” Sanghavi said. 

Since June 21, around 32,692 citizens have participated in 568 public hearings conducted statewide. During these public hearings, officials highlighted various credit schemes offered by the central government, aiming to enhance public awareness and reduce dependence on illicit moneylenders.

Referring to one such incident, Sanghavi said that in Anand district, a mother took Rs 3 lakh on five per cent interest for her son’s education. 

“The local police took swift action and helped the family in this matter,” he added. 

Emphasizing the drive’s objective, police authorities have been instructed to prioritize valid complaints and pursue legal actions accordingly, rather than merely escalating complaint numbers. Moreover, efforts are underway to facilitate the return of unlawfully extorted funds to affected parties, as outlined in a government statement.

Looking ahead, the state government plans to organise camps in collaboration with nationalized banks, cooperative banks, district industry centre officials, and other governmental bodies to facilitate access to legitimate loan options for people.

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