IT News
Imphal, Dec 19
Government of Manipur is serious about the growing issues of the much talked about illegal money lending business but the problem in dealing with such issue is that no person has ever approached the government in connection with such case and no person had ever filed complaint about illegal money lending business
Replying to a question by MLA Surjakumar during question hour today Chief Minister N. Biren Singh said that in-order to check or deal with issues of money lending business the government is all set to establish a designated court. However, as no person had approached the government authority with complaint, the government could not issue any notification regarding the increase of illegal money lending business in the state. Answering to the question by MLA Surjakumar, N. Biren said that a state level Co-ordinating Committee (SLCC) has been convening regular review meeting of the issues in connection with non banking establishment. He said that the banning of Unregulated deposit Scheme Act, 2019 (No. 21 of 2019) which extends to all the states has already been enacted by the Government of India on July 31, 2019. The Commissioner has appointed Commissioner Revenue, Govt. of Manipur as the competent authority for the purpose of the act.
As on 16th December 2019, there are 301 registered money lenders in the state of Manipur.
