Karnataka to amend laws to curb microfinance harassment amid suicides

News Network
January 24, 2025

Bengaluru, Jan 24: Following several reported suicides allegedly caused by harassment from Microfinance Institutions (MFIs), Karnataka Home Minister G. Parameshwara on Friday acknowledged that the current laws are insufficient in dealing with the highhandedness of these institutions in the state.

Speaking to the media in Bengaluru, Parameshwara confirmed widespread complaints of MFI-related harassment, stating that existing laws were ineffective in curbing the issue. The Congress government plans to amend the law to ensure stricter regulations for MFIs.

"The reports from our department indicate that current laws are inadequate, and they lack the necessary strength to curb this menace," Parameshwara said. He added that new, stringent laws would be framed to regulate the MFIs, with the Congress government taking steps in that direction. In the meantime, officials have been instructed to take immediate action regarding ongoing harassment cases.

Explaining the situation, Parameshwara highlighted that MFIs often demand multiple signatures from loan recipients, which they might not fully understand. "This leads to forced raids, seizures of properties, and other actions," he noted, adding that such practices need to be addressed under law.

Law Minister H.K. Patil and Chief Minister Siddaramaiah have also taken note of the issue. Siddaramaiah has called for a meeting on January 25 to discuss the alarming rise in cases and the ineffectiveness of current laws.

The issue has sparked public outcry, with victims’ families, including the wife of a suicide victim, sending symbolic protests such as mangalsutras to Parameshwara, demanding action against the MFI staff involved. Numerous petitions have been filed in Deputy Commissioners' offices across the state, urging government intervention to stop MFI harassment.

In response, opposition leaders, including Union Minister H.D. Kumaraswamy, BJP’s R. Ashoka, and Basavaraj Bommai, have accused the Congress government of losing control over MFIs, enabling the widespread exploitation of vulnerable citizens.

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News Network
February 6,2025

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Mangaluru: The SIA Group of Institutions is set to unveil its brand-new campus at Arkula, Mangaluru, with a grand two-day celebration, SIAspire, on February 7th and 8th. This event promises a unique blend of exhibitions, entertainment, and adventure, offering an exciting experience for visitors of all ages.

Event Highlights

SIAspire will feature a variety of engaging activities, including:

✅ Thrilling Adventure Sports: Horse Riding, Archery, and Jumping Balloon Bouncer
✅ Interactive Game Zones for children and families
✅ Cultural & Educational Exhibitions showcasing innovation and creativity
✅ Delicious Food Stalls offering a variety of cuisines

Event Details

Dates: February 7 & 8, 2025

Timings:

February 7: 3:30 PM – 8:00 PM
February 8: 10:00 AM – 8:00 PM
Venue: SIA Campus, Arkula, Mangaluru

An Invitation to the Community

SIAspire is open to the public, and entry is free. The event aims to bring together students, parents, and the local community to celebrate education, talent, and culture in an engaging atmosphere.

Speaking about the event, an SIA spokesperson stated, "The launch of our new campus is a milestone in our journey. SIAspire is not just an inauguration event but a celebration of learning, creativity, and community spirit."

How to Participate?

Visitors can walk in and explore the festivities, participate in adventure activities, and enjoy a variety of entertainment programs.

For further details, contact: 8792244939

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News Network
February 5,2025

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Mangaluru: In a heartfelt farewell, the Govt Muslim Residential School near Deralakatte bid an emotional goodbye to Manjunath Bhat, a mathematics teacher who dedicated 29 years of his life to shaping young minds. The event, held on Monday, was organized by the school and its alumni association as Bhat prepares to retire in March.

Poornima, district officer from the minority welfare department, praised Bhat’s unwavering commitment. “Serving at the same institution for 29 years is no small feat. It speaks volumes about his dedication,” she remarked.

His colleague, Mohammed Haneef, reflected on Bhat’s exemplary service. “Teaching Muslim children for nearly three decades, he never faced a single complaint. He is truly a model teacher. Post-retirement, he plans to take up farming in his village,” he shared.

Mohammed Anwar AS, president of the alumni association and professor at Yenepoya Medical College, expressed deep gratitude. “No matter how far we go, we must always remember our teachers. I owe my success, in part, to educators like Manjunath Bhat,” he said, recalling cherished memories from his school days.

Overwhelmed with emotion, Bhat addressed the gathering, saying, “I never expected such a grand farewell. My bond with my students is unbreakable, and this event is a testament to the strength of that connection.”

The farewell was presided over by school principal Umarabba, who lauded Bhat’s dedication. “He has been a pillar of this institution, recognized as a model teacher who served with diligence, regardless of the challenges faced,” he noted.

The celebration saw alumni and dignitaries honouring Bhat with valuable gifts, including a gold ring. His wife, Sahana, and children, Srivatsa and Sindhoora, stood by his side as he was showered with love and appreciation—an unforgettable tribute to a teacher whose legacy will live on in the hearts of his students.

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News Network
February 11,2025

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Dubai: The Consulate General of India in Dubai recently awarded Aim India Forum with an appreciation award in recognition of its significant contributions to the Indian community in the UAE.

In September 2024, the UAE government launched an amnesty initiative aimed at promoting respect for the law, tolerance, compassion, and social cohesion. This initiative allowed individuals who chose to leave the country during the amnesty period to do so without facing overstay fines, exit fees, or entry bans, while retaining the right to re-enter the UAE at any time.

Aim India Forum was invited to collaborate with the Indian Consulate during this amnesty period. Our Founder President, Shirali Shaikh Muzaffer, accepted the invitation and dedicated four months to this important initiative. Alongside other community organizations, including DUBAI KMCC, IPF UAE, FOI UAE, and others, Aim India Forum worked tirelessly to support fellow Indian nationals in need.

His Excellency Satish Kumar Sivan, Consul General of India, acknowledged and congratulated Founder President Shaikh Muzaffer and Board Member Mohammed Niyaz for their unwavering dedication and efforts throughout this project.

The Aim India Forum played a pivotal role in the safe repatriation of distressed and stranded Indian citizens in the UAE. An amnesty help desk was set up at the Indian Consulate to assist those seeking amnesty. This desk offered a range of services at no cost, including Emergency Certificates (one-way travel documents), labor cancellation, case clearance, and the issuance of exit permits/outpasses. Through these efforts, the Consulate General of India in Dubai successfully assisted 15,000 Indian nationals.

In partnership with various Indian diaspora organizations, CGI Dubai facilitated the issuance of 2,117 passports, 3,589 emergency certificates, and supported the acquisition of over 3,700 exit permits. Many individuals also benefitted from our guidance in securing fee and penalty waivers from UAE authorities.

As this operation concludes, we extend our deepest gratitude to the UAE Government for its unwavering support. We also wish to express our sincere thanks to the dedicated volunteers from diaspora organizations who played an instrumental role in the success of this initiative.

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