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Bengaluru, Jan 24: Following several reported suicides allegedly caused by harassment from Microfinance Institutions (MFIs), Karnataka Home Minister G. Parameshwara on Friday acknowledged that the current laws are insufficient in dealing with the highhandedness of these institutions in the state.

Speaking to the media in Bengaluru, Parameshwara confirmed widespread complaints of MFI-related harassment, stating that existing laws were ineffective in curbing the issue. The Congress government plans to amend the law to ensure stricter regulations for MFIs.

"The reports from our department indicate that current laws are inadequate, and they lack the necessary strength to curb this menace," Parameshwara said. He added that new, stringent laws would be framed to regulate the MFIs, with the Congress government taking steps in that direction. In the meantime, officials have been instructed to take immediate action regarding ongoing harassment cases.

Explaining the situation, Parameshwara highlighted that MFIs often demand multiple signatures from loan recipients, which they might not fully understand. "This leads to forced raids, seizures of properties, and other actions," he noted, adding that such practices need to be addressed under law.

Law Minister H.K. Patil and Chief Minister Siddaramaiah have also taken note of the issue. Siddaramaiah has called for a meeting on January 25 to discuss the alarming rise in cases and the ineffectiveness of current laws.

The issue has sparked public outcry, with victims’ families, including the wife of a suicide victim, sending symbolic protests such as mangalsutras to Parameshwara, demanding action against the MFI staff involved. Numerous petitions have been filed in Deputy Commissioners' offices across the state, urging government intervention to stop MFI harassment.

In response, opposition leaders, including Union Minister H.D. Kumaraswamy, BJP’s R. Ashoka, and Basavaraj Bommai, have accused the Congress government of losing control over MFIs, enabling the widespread exploitation of vulnerable citizens.

Yellapura: A devastating accident occurred early Wednesday morning in the Uttara Kannada district of Karnataka, leaving at least 10 people dead and several others critically injured. The tragedy unfolded near the Kageri petrol station in Yellapur when a truck carrying fruits and vegetables plunged into a valley and overturned.

The truck, which was transporting over 40 traders, was en route from Savanuru in Haveri district to Kumta market in Uttara Kannada. Among the passengers were fruit vendors heading to the Yellapura fair to sell their produce. The accident occurred on the Savanur-Hubballi road, as confirmed by M. Narayana, the Superintendent of Police of Uttara Kannada.

“At approximately 5:30 a.m., the truck driver attempted to give way to another vehicle and veered too far to the left, causing the truck to fall into a valley approximately 50 meters deep,” said SP Narayana.

Victims have been identified as:

Fayaz Imam Saab Jamkhandi (45)

Wasim Virullah Mudageri (35)

Ijaz Mustak Mulla (20)

Sadiq Bhasha Farash (30)

Ghulam Hussain Jawali (40)

Imtiaz Mamajafar Mulakeri (36)

Alfaaz Jafar Mandakki (25)

Jilani Abdul Jakhati (25)

Aslam Babuli Benny (24)

Immediate Response

Upon receiving information about the accident, police rushed to the scene and coordinated the rescue operations. The injured were swiftly transported to KIMS Hospital in Hubballi for treatment. Tragically, eight individuals died on the spot, while another succumbed to critical injuries shortly after. The absence of a protective wall on the road in the valley has been highlighted as a contributing factor.

“Many passengers sustained serious injuries, and the death toll could rise,” said police officials. Investigations are ongoing to determine the exact cause of the accident.

Community in Mourning

This tragic incident has left the local community in shock, as families and friends mourn the loss of lives. Authorities are urging caution and have reiterated the need for safety measures on roads in vulnerable areas. Further updates on the condition of the injured are awaited.

Mangaluru, Jan 17: A heart-wrenching accident at Nadupadavu near Kattukodi on the outskirts of the city claimed the life of a young scooter rider this morning. 

The victim, identified as Abubakar Siddiq Razwi (22), son of Moydeen Kunji Bavu and a resident of Nadupadavu, tragically succumbed to his injuries on the spot.

The accident occurred when a scooter traveling from Deralakatte collided with an Ace Tempo heading from Mudipu to Thokkottu.

Abubakar, a final-year student at an Arabic Shariah College in Kasargod, leaves behind a community in mourning. The tempo driver also sustained injuries in the collision.

The Mangaluru South Traffic Police have registered a case and are conducting an investigation into the incident.