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Chinese Loan Apps In India: If you are going to take loan through mobile apps, then you must read this news. The situation between India and China is not normal. After which the Modi Government of the Center has now increased the monitoring of the Chinese Loan Apps running in the country. Union Finance Minister Nirmala Sitharaman said in the Rajya Sabha on Friday, government departments and the Reserve Bank of India (RBI) have kept an eye on Chinese mobile apps that cheat people by giving easy loans. Taking steps to keep up. He has given this statement during the Zero Hour in the Parliament.
Several meetings were held on the issue of fraud
The issue was raised by Trinamool Congress MP Nadimul Haque during the Zero Hour in Parliament. Minister Nirmala Sitharaman said that action has been taken against apps that cheat people by giving them loans. He said that he has held several meetings in the last 6-7 months on the issue of cheating people of Chinese loan apps. These meetings were attended by representatives of the central bank, officials of their ministry and officials of the Ministry of Corporate Affairs.
Many apps are using wrongly
Minister Sitharaman said that many such apps have come to the notice of the Ministry of Information Technology, which have been misused. Concerted efforts are being made to stop such apps. Also, action has also been taken against those who are misusing them. The Ministry of Electronics and Information Technology is the nodal ministry, which issues orders to block apps considered wrong and harmful to the security and integrity of the country.
Fraud through apps
Minister Sitharaman said that we have made efforts together. RBI, Ministry of Electronics and Information Technology, Ministry of Civil Aviation and Ministry of Finance are working to ensure that common man is not cheated through these apps. He has not given clear information about the number of apps to be banned and what action has been taken.
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so many apps giving loan
TMC MP Nadimul Haque raised the issue of illegal Chinese apps. Nadimul Haq said that around 600 apps give small loans without much paperwork. After this, they harass the borrowers for recovery. He mentioned that recently a person had committed suicide after being harassed after taking a loan of Rs 3000.
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