Narayanasamy promises stern action against usurers

Image
Press Trust of India Puducherry
Last Updated : Oct 26 2017 | 6:02 PM IST
Chief Minister V Narayanasamy today assured that the government would take stern action against money lenders who were giving money at an exorbitant interest rate to the poor and small businessmen.
Police had been directed to keep vigil on the money lenders and ensure that stern action was taken against them, Narayanasamy told reporters here.
The statement comes after a family committed self-immolation over usury in Tirunelveli district in the neighbouring Tamil Nadu.
A woman and her two young children died while her husband is in a critical condition after the couple set themselves and the kids on fire at the Tirunelveli collectorate complex on Monday over alleged harassment by a money-lender and the police.
He said steps had already been taken to check spreading of dengue.
Draining out the stagnant rain water was part of the measures the PWD and Local Administration Department had launched, he said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 26 2017 | 6:02 PM IST

Next Story