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G Parameshwara
The Karnataka government is contemplating bringing in stringent laws to rein in microfinance companies, state Home Minister G Parameshwara said on Friday. With reports emerging from various parts of the state about people dying by suicide due to the "atrocities" of loan recovery agents, Chief Minister Siddaramaiah has convened a meeting to address the issue, he said. "Across the state, many people have been complaining that they are in trouble due to these microfinance companies. It has come to our notice that there are shortcomings in the existing laws," Parameshwara told reporters. He noted that while there are provisions in the law to recover money, there are also laws to protect borrowers. "There are several reports from our department highlighting the inadequacies in the existing laws. If stricter regulations are required, the government will introduce them," Parameshwara said. He added that the government has instructed microfinance companies to stop harassing ...
Karnataka Home Minister G Parameshwara on Thursday said there are also talks regarding change in state Congress president along with the cabinet reshuffle, and it is for the party leadership to decide on these matters. Deputy Chief Minister D K Shivakumar, who has completed four years as president of the Karnataka Pradesh Congress Committee (KPCC), is currently on an extension in the post. "State Congress president (Shivakumar) has gone to Delhi. I have come to know that the Chief Minister (Siddaramaiah) is also going today. There is a Congress working committee meeting tomorrow. They are going for that. After the meeting, I don't know whether they will discuss with the high command regarding the cabinet reshuffle," Parameshwara said in response to a question. Speaking to reporters here, he said, "Along with that (cabinet reshuffle) we are also hearing talks about changing the state Congress president. So, on these two things, what decision the CM and the president will take in ...
Karnataka Home Minister G Parameshwara indicated on Wednesday that a delegation of ruling Congress legislators may meet President Droupadi Murmu to complain against Governor Thaawarchand Gehlot over his action of giving sanction for prosecution of Chief Minister in the Mysuru Urban Development Authority (MUDA) case. He said a tentative plan has been made in this regard and a call is likely to be taken on the move after considering developments in the court. The Governor on August 16 granted sanction to open an investigation against the Chief Minister and to prosecute him in connection with alleged irregularities in the allotment of compensatory plots to his wife B M Parvathi by the MUDA. The Chief Minister challenged the legality of the Governor's order in the High Court, which on August 19 deferred its proceedings to August 29 and asked a trial court to postpone till its consideration of private complaints till then. "We have held discussions and have made certain decisions regard
The Congress government in Karnataka on Tuesday said it will get the Bitcoin scam taken place during the previous BJP government thoroughly investigated. The case is likely to be handed over to the Criminal Investigation Department (CID), Home Minister Dr Parameshwara has hinted. Speaking to reporters in Hassan today, CM Siddaramaiah said all irregularities and scams of the BJP government including the Bitcoin scam will be probed. Parameshwara charged that the BJP tried to close the matter but the Congress government will get it investigated. "Regarding Bitcoin, I have said that whatever incident has happened will be thoroughly investigated. For whatever reason, the previous government had closed it. When we were in the opposition, we had said that we will get it investigated if we come to power. We will take all steps to reinvestigate it, Parameshwara told reporters here. He also said the Bengaluru Police Commissioner has written to the Director General of Police recommending tha