Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/govt-may-regulate-mfis-3794/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/govt-may-regulate-mfis-3794/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/govt-may-regulate-mfis-3794/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/govt-may-regulate-mfis-3794/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6810984c02460-trace').style.display = (document.getElementById('cakeErr6810984c02460-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6810984c02460-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6810984c02460-code').style.display = (document.getElementById('cakeErr6810984c02460-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6810984c02460-context').style.display = (document.getElementById('cakeErr6810984c02460-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6810984c02460-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr6810984c02460-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 3704, 'title' => 'Govt May Regulate MFIs', 'subheading' => '', 'description' => '<br /> <font face="arial,helvetica,sans-serif" size="3"> </font> <br /> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reports of a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unable to pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The minister said the government has no power to reduce interest rates being charged by MFIs. He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Meanwhile, Panchayati Raj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He told media persons in Vizianagaram that the government has directed the police to register cases against agents of finance firms who harass members.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada stated if the police receive any complaints, they would act seriously against such institutions.</font><br /> <br /> </div>', 'credit_writer' => 'Fullhyd.com, 12 October, 2010, http://www.fullhyderabad.com/hyderabad-news/microfinance-debt-related-suicides-govt-mulls-regulating-mfis-2017', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'govt-may-regulate-mfis-3794', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 3794, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 3704, 'metaTitle' => 'LATEST NEWS UPDATES | Govt May Regulate MFIs', 'metaKeywords' => 'Microfinance', 'metaDesc' => ' Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government...', 'disp' => '<br /><font ></font><br /><div align="justify"><font >Takinga serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /><br /><font >Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reportsof a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unableto pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /><br /><font >Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /><br /><font >The minister said thegovernment has no power to reduce interest rates being charged by MFIs.He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /><br /><font >Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /><br /><font >Meanwhile, PanchayatiRaj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /><br /><font >He told media personsin Vizianagaram that the government has directed the police to registercases against agents of finance firms who harass members.</font><br /><br /><font >If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /><br /><font >He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /><br /><font >Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /><br /><font >Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada statedif the police receive any complaints, they would act seriously against such institutions.</font><br /><br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 3704, 'title' => 'Govt May Regulate MFIs', 'subheading' => '', 'description' => '<br /> <font face="arial,helvetica,sans-serif" size="3"> </font> <br /> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reports of a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unable to pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The minister said the government has no power to reduce interest rates being charged by MFIs. He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Meanwhile, Panchayati Raj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He told media persons in Vizianagaram that the government has directed the police to register cases against agents of finance firms who harass members.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada stated if the police receive any complaints, they would act seriously against such institutions.</font><br /> <br /> </div>', 'credit_writer' => 'Fullhyd.com, 12 October, 2010, http://www.fullhyderabad.com/hyderabad-news/microfinance-debt-related-suicides-govt-mulls-regulating-mfis-2017', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'govt-may-regulate-mfis-3794', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 3794, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 3704 $metaTitle = 'LATEST NEWS UPDATES | Govt May Regulate MFIs' $metaKeywords = 'Microfinance' $metaDesc = ' Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government...' $disp = '<br /><font ></font><br /><div align="justify"><font >Takinga serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /><br /><font >Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reportsof a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unableto pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /><br /><font >Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /><br /><font >The minister said thegovernment has no power to reduce interest rates being charged by MFIs.He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /><br /><font >Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /><br /><font >Meanwhile, PanchayatiRaj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /><br /><font >He told media personsin Vizianagaram that the government has directed the police to registercases against agents of finance firms who harass members.</font><br /><br /><font >If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /><br /><font >He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /><br /><font >Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /><br /><font >Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada statedif the police receive any complaints, they would act seriously against such institutions.</font><br /><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/govt-may-regulate-mfis-3794.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Govt May Regulate MFIs | Im4change.org</title> <meta name="description" content=" Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Govt May Regulate MFIs</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <br /><font ></font><br /><div align="justify"><font >Takinga serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /><br /><font >Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reportsof a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unableto pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /><br /><font >Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /><br /><font >The minister said thegovernment has no power to reduce interest rates being charged by MFIs.He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /><br /><font >Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /><br /><font >Meanwhile, PanchayatiRaj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /><br /><font >He told media personsin Vizianagaram that the government has directed the police to registercases against agents of finance firms who harass members.</font><br /><br /><font >If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /><br /><font >He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /><br /><font >Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /><br /><font >Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada statedif the police receive any complaints, they would act seriously against such institutions.</font><br /><br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]Code Context$response->getStatusCode(),
($reasonPhrase ? ' ' . $reasonPhrase : '')
));
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6810984c02460-trace').style.display = (document.getElementById('cakeErr6810984c02460-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6810984c02460-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6810984c02460-code').style.display = (document.getElementById('cakeErr6810984c02460-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6810984c02460-context').style.display = (document.getElementById('cakeErr6810984c02460-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6810984c02460-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr6810984c02460-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 3704, 'title' => 'Govt May Regulate MFIs', 'subheading' => '', 'description' => '<br /> <font face="arial,helvetica,sans-serif" size="3"> </font> <br /> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reports of a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unable to pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The minister said the government has no power to reduce interest rates being charged by MFIs. He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Meanwhile, Panchayati Raj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He told media persons in Vizianagaram that the government has directed the police to register cases against agents of finance firms who harass members.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada stated if the police receive any complaints, they would act seriously against such institutions.</font><br /> <br /> </div>', 'credit_writer' => 'Fullhyd.com, 12 October, 2010, http://www.fullhyderabad.com/hyderabad-news/microfinance-debt-related-suicides-govt-mulls-regulating-mfis-2017', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'govt-may-regulate-mfis-3794', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 3794, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 3704, 'metaTitle' => 'LATEST NEWS UPDATES | Govt May Regulate MFIs', 'metaKeywords' => 'Microfinance', 'metaDesc' => ' Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government...', 'disp' => '<br /><font ></font><br /><div align="justify"><font >Takinga serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /><br /><font >Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reportsof a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unableto pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /><br /><font >Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /><br /><font >The minister said thegovernment has no power to reduce interest rates being charged by MFIs.He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /><br /><font >Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /><br /><font >Meanwhile, PanchayatiRaj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /><br /><font >He told media personsin Vizianagaram that the government has directed the police to registercases against agents of finance firms who harass members.</font><br /><br /><font >If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /><br /><font >He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /><br /><font >Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /><br /><font >Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada statedif the police receive any complaints, they would act seriously against such institutions.</font><br /><br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 3704, 'title' => 'Govt May Regulate MFIs', 'subheading' => '', 'description' => '<br /> <font face="arial,helvetica,sans-serif" size="3"> </font> <br /> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reports of a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unable to pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The minister said the government has no power to reduce interest rates being charged by MFIs. He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Meanwhile, Panchayati Raj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He told media persons in Vizianagaram that the government has directed the police to register cases against agents of finance firms who harass members.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada stated if the police receive any complaints, they would act seriously against such institutions.</font><br /> <br /> </div>', 'credit_writer' => 'Fullhyd.com, 12 October, 2010, http://www.fullhyderabad.com/hyderabad-news/microfinance-debt-related-suicides-govt-mulls-regulating-mfis-2017', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'govt-may-regulate-mfis-3794', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 3794, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 3704 $metaTitle = 'LATEST NEWS UPDATES | Govt May Regulate MFIs' $metaKeywords = 'Microfinance' $metaDesc = ' Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government...' $disp = '<br /><font ></font><br /><div align="justify"><font >Takinga serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /><br /><font >Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reportsof a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unableto pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /><br /><font >Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /><br /><font >The minister said thegovernment has no power to reduce interest rates being charged by MFIs.He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /><br /><font >Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /><br /><font >Meanwhile, PanchayatiRaj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /><br /><font >He told media personsin Vizianagaram that the government has directed the police to registercases against agents of finance firms who harass members.</font><br /><br /><font >If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /><br /><font >He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /><br /><font >Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /><br /><font >Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada statedif the police receive any complaints, they would act seriously against such institutions.</font><br /><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/govt-may-regulate-mfis-3794.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Govt May Regulate MFIs | Im4change.org</title> <meta name="description" content=" Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Govt May Regulate MFIs</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <br /><font ></font><br /><div align="justify"><font >Takinga serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /><br /><font >Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reportsof a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unableto pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /><br /><font >Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /><br /><font >The minister said thegovernment has no power to reduce interest rates being charged by MFIs.He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /><br /><font >Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /><br /><font >Meanwhile, PanchayatiRaj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /><br /><font >He told media personsin Vizianagaram that the government has directed the police to registercases against agents of finance firms who harass members.</font><br /><br /><font >If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /><br /><font >He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /><br /><font >Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /><br /><font >Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada statedif the police receive any complaints, they would act seriously against such institutions.</font><br /><br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]Notice (8): Undefined variable: urlPrefix [APP/Template/Layout/printlayout.ctp, line 8]Code Context$value
), $first);
$first = false;
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6810984c02460-trace').style.display = (document.getElementById('cakeErr6810984c02460-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6810984c02460-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6810984c02460-code').style.display = (document.getElementById('cakeErr6810984c02460-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6810984c02460-context').style.display = (document.getElementById('cakeErr6810984c02460-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6810984c02460-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr6810984c02460-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 3704, 'title' => 'Govt May Regulate MFIs', 'subheading' => '', 'description' => '<br /> <font face="arial,helvetica,sans-serif" size="3"> </font> <br /> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reports of a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unable to pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The minister said the government has no power to reduce interest rates being charged by MFIs. He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Meanwhile, Panchayati Raj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He told media persons in Vizianagaram that the government has directed the police to register cases against agents of finance firms who harass members.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada stated if the police receive any complaints, they would act seriously against such institutions.</font><br /> <br /> </div>', 'credit_writer' => 'Fullhyd.com, 12 October, 2010, http://www.fullhyderabad.com/hyderabad-news/microfinance-debt-related-suicides-govt-mulls-regulating-mfis-2017', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'govt-may-regulate-mfis-3794', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 3794, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 3704, 'metaTitle' => 'LATEST NEWS UPDATES | Govt May Regulate MFIs', 'metaKeywords' => 'Microfinance', 'metaDesc' => ' Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government...', 'disp' => '<br /><font ></font><br /><div align="justify"><font >Takinga serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /><br /><font >Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reportsof a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unableto pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /><br /><font >Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /><br /><font >The minister said thegovernment has no power to reduce interest rates being charged by MFIs.He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /><br /><font >Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /><br /><font >Meanwhile, PanchayatiRaj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /><br /><font >He told media personsin Vizianagaram that the government has directed the police to registercases against agents of finance firms who harass members.</font><br /><br /><font >If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /><br /><font >He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /><br /><font >Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /><br /><font >Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada statedif the police receive any complaints, they would act seriously against such institutions.</font><br /><br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 3704, 'title' => 'Govt May Regulate MFIs', 'subheading' => '', 'description' => '<br /> <font face="arial,helvetica,sans-serif" size="3"> </font> <br /> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reports of a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unable to pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The minister said the government has no power to reduce interest rates being charged by MFIs. He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Meanwhile, Panchayati Raj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He told media persons in Vizianagaram that the government has directed the police to register cases against agents of finance firms who harass members.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada stated if the police receive any complaints, they would act seriously against such institutions.</font><br /> <br /> </div>', 'credit_writer' => 'Fullhyd.com, 12 October, 2010, http://www.fullhyderabad.com/hyderabad-news/microfinance-debt-related-suicides-govt-mulls-regulating-mfis-2017', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'govt-may-regulate-mfis-3794', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 3794, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 3704 $metaTitle = 'LATEST NEWS UPDATES | Govt May Regulate MFIs' $metaKeywords = 'Microfinance' $metaDesc = ' Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government...' $disp = '<br /><font ></font><br /><div align="justify"><font >Takinga serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /><br /><font >Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reportsof a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unableto pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /><br /><font >Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /><br /><font >The minister said thegovernment has no power to reduce interest rates being charged by MFIs.He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /><br /><font >Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /><br /><font >Meanwhile, PanchayatiRaj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /><br /><font >He told media personsin Vizianagaram that the government has directed the police to registercases against agents of finance firms who harass members.</font><br /><br /><font >If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /><br /><font >He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /><br /><font >Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /><br /><font >Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada statedif the police receive any complaints, they would act seriously against such institutions.</font><br /><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/govt-may-regulate-mfis-3794.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Govt May Regulate MFIs | Im4change.org</title> <meta name="description" content=" Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Govt May Regulate MFIs</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <br /><font ></font><br /><div align="justify"><font >Takinga serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /><br /><font >Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reportsof a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unableto pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /><br /><font >Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /><br /><font >The minister said thegovernment has no power to reduce interest rates being charged by MFIs.He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /><br /><font >Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /><br /><font >Meanwhile, PanchayatiRaj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /><br /><font >He told media personsin Vizianagaram that the government has directed the police to registercases against agents of finance firms who harass members.</font><br /><br /><font >If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /><br /><font >He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /><br /><font >Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /><br /><font >Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada statedif the police receive any complaints, they would act seriously against such institutions.</font><br /><br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? Cake\Http\ResponseEmitter::emitHeaders() - CORE/src/Http/ResponseEmitter.php, line 181 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 55 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
<head>
<link rel="canonical" href="<?php echo Configure::read('SITE_URL'); ?><?php echo $urlPrefix;?><?php echo $article_current->category->slug; ?>/<?php echo $article_current->seo_url; ?>.html"/>
<meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 3704, 'title' => 'Govt May Regulate MFIs', 'subheading' => '', 'description' => '<br /> <font face="arial,helvetica,sans-serif" size="3"> </font> <br /> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reports of a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unable to pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The minister said the government has no power to reduce interest rates being charged by MFIs. He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Meanwhile, Panchayati Raj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He told media persons in Vizianagaram that the government has directed the police to register cases against agents of finance firms who harass members.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada stated if the police receive any complaints, they would act seriously against such institutions.</font><br /> <br /> </div>', 'credit_writer' => 'Fullhyd.com, 12 October, 2010, http://www.fullhyderabad.com/hyderabad-news/microfinance-debt-related-suicides-govt-mulls-regulating-mfis-2017', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'govt-may-regulate-mfis-3794', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 3794, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 3704, 'metaTitle' => 'LATEST NEWS UPDATES | Govt May Regulate MFIs', 'metaKeywords' => 'Microfinance', 'metaDesc' => ' Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government...', 'disp' => '<br /><font ></font><br /><div align="justify"><font >Takinga serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /><br /><font >Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reportsof a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unableto pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /><br /><font >Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /><br /><font >The minister said thegovernment has no power to reduce interest rates being charged by MFIs.He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /><br /><font >Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /><br /><font >Meanwhile, PanchayatiRaj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /><br /><font >He told media personsin Vizianagaram that the government has directed the police to registercases against agents of finance firms who harass members.</font><br /><br /><font >If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /><br /><font >He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /><br /><font >Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /><br /><font >Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada statedif the police receive any complaints, they would act seriously against such institutions.</font><br /><br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 3704, 'title' => 'Govt May Regulate MFIs', 'subheading' => '', 'description' => '<br /> <font face="arial,helvetica,sans-serif" size="3"> </font> <br /> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reports of a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unable to pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The minister said the government has no power to reduce interest rates being charged by MFIs. He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Meanwhile, Panchayati Raj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He told media persons in Vizianagaram that the government has directed the police to register cases against agents of finance firms who harass members.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada stated if the police receive any complaints, they would act seriously against such institutions.</font><br /> <br /> </div>', 'credit_writer' => 'Fullhyd.com, 12 October, 2010, http://www.fullhyderabad.com/hyderabad-news/microfinance-debt-related-suicides-govt-mulls-regulating-mfis-2017', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'govt-may-regulate-mfis-3794', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 3794, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 3704 $metaTitle = 'LATEST NEWS UPDATES | Govt May Regulate MFIs' $metaKeywords = 'Microfinance' $metaDesc = ' Taking a serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government...' $disp = '<br /><font ></font><br /><div align="justify"><font >Takinga serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.</font><br /><br /><font >Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reportsof a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unableto pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports.</font><br /><br /><font >Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials.</font><br /><br /><font >The minister said thegovernment has no power to reduce interest rates being charged by MFIs.He said only the Reserve Bank of India can take a decision on cutting the interest rates.</font><br /><br /><font >Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans.</font><br /><br /><font >Meanwhile, PanchayatiRaj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans.</font><br /><br /><font >He told media personsin Vizianagaram that the government has directed the police to registercases against agents of finance firms who harass members.</font><br /><br /><font >If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned.</font><br /><br /><font >He said the government was drafting rules and regulations to regulate the operations of MFIs.</font><br /><br /><font >Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly.</font><br /><br /><font >Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada statedif the police receive any complaints, they would act seriously against such institutions.</font><br /><br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
![]() |
Govt May Regulate MFIs |
Takinga serious note on the suicides due to the purported harassment or embarrassment caused by the collection agents of Micro Finance Institutions (MFIs), Minister for Rural Development, IKP, Pensions, NREGP and Self-Help Groups, Vatti Vasanth Kumar stated that the government was contemplating making an Act to streamline the operations of MFIs in AP.
Talking to media persons in the New Delhi, the minister said that the government would frame rules and regulations to streamline operations of MFIs, as reportsof a large number of women and rural folks committing suicides were on the rise. These people were resorting to taking the extreme step, unableto pay their loans because of the exorbitant interest rates being charged by the firms, according to the reports. Vasanth Kumar said the government would soon make an ordinance to the existing Act after discussing the matter with officials. The minister said thegovernment has no power to reduce interest rates being charged by MFIs.He said only the Reserve Bank of India can take a decision on cutting the interest rates. Vasanth Kumar directed the police to book criminal cases against firms which resort to violent methods to recover their loans. Meanwhile, PanchayatiRaj Minister Botsa Satyanarayana directed the officials to initiate stringent action against those MFIs which resort to violence in collecting their loans. He told media personsin Vizianagaram that the government has directed the police to registercases against agents of finance firms who harass members. If the police does not initiate action on the complaints, the government would take disciplinary action against police officials, Satyanarayana warned. He said the government was drafting rules and regulations to regulate the operations of MFIs. Botsa said the government would also conduct a study on the reasons behind members of Self Help Groups approaching MFIs. The study would reveal whether the financial assistance sanctioned for them was not reaching properly. Taking a note of the suicides, Director General of Police K Aravinda Rao in Vijayawada statedif the police receive any complaints, they would act seriously against such institutions. |