In Jhalawar, cash of about 10 lakh individuals is misplaced in non-public firms, individuals are sitting on dharna for 3 weeks

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Rajasthan News: People of Jhalawar district who’ve misplaced their life financial savings by investing in non-public firms not acknowledged by the federal government are staging a sit-in protest in entrance of the mini secretariat today. The protest has been occurring for greater than 3 weeks. The individuals staging the protest have stated that they’ll proceed the protest till the issue is resolved. They stated that the quantity of people that have misplaced their life financial savings by investing in varied firms is round 8 to 10 lakh in Jhalawar district.

There isn’t any profit even after the regulation is made

They say that previously, the federal government closed down all such firms and shaped SEBI and took over all of the property of those firms and promised to return the cash to the traders quickly. For which a regulation referred to as Butts was additionally made. But even after a very long time, nothing has occurred.

I misplaced all my hard-earned cash

Many individuals have misplaced their hard-earned cash and plenty of have even dedicated suicide. The victims protesting stated that about 10 lakh individuals within the district have been cheated by non-public firms. The victims invested their lifelong earnings in non-public firms within the title of FD. This might have been used to construct the way forward for their kids, however their cash obtained caught.

Demand to return the deposited quantity with curiosity inside 180 days

The victims have demanded the central authorities to present them their cash together with curiosity. They have been protesting for 22 days relating to this, however until date nobody is listening to them. There are people who find themselves victims of Sahara India, Pulse and dozens of different such firms which have closed down.

Parliament had enacted the Banning of Unregulated Deposit Schemes Act 2019 to present the ability to recuperate 2-3 occasions the quantity of deposits in fraudulent firms and fraudulent societies inside 180 days, however no answer has been discovered to this point.

The matter pertains to the Central Government

In this case, the District Collector says {that a} memorandum has been given by the individuals, which he has forwarded. This matter is expounded to the central authorities. The collector additionally referred to as the individuals sitting on the dharna to his workplace and talked to them, by which he advised that the Birds Act was made by the federal government within the yr 2019. But it has not been applied successfully. In such a scenario, the cash of all of the traders is caught.

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