"Expressing grief over the incident, the CM has announced a financial assistance of Rs 2 lakh to the mother of the man who committed suicide in Allahabad on September 20," a spokesperson said.
Yadav has also directed officials to take strict action against those giving loan on higher interest rates, the spokesperson said.
Terming such incidents as a "blot" on society, the Chief Minister instructed the state Chief Secretary to prepare and implement an action plan allowing needy people to get loans from banks and financial institutions easily.
On September 20, Babloo (40), his wife Rekha (35) along with their three sons Golu (15), Sonu (13) and Nikhil (12) committed suicide by jumping in front of Patna-Sikandara Express train at Jhunsi area of Allahabad district, a police spokesperson said.
A probe revealed that Babloo had taken loan from a private money lender and was under pressure since he could not pay it back, driving him to take the extreme step along with his family.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
