• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Odisha

I Was A Victim Of Chit Fund Scam Twice: Odisha CM

OMMCOM NEWS by OMMCOM NEWS
December 24, 2024
in Odisha

Bhubaneswar:  Odisha Chief Minister Mohan Charan Majhi said on Tuesday that he had also fallen victim to chit-fund scams twice in 1990 and 2002.

Addressing a gathering at the state-level programme on the occasion of National Consumer Rights Day, CM Majhi said, “I also fell victim to chit fund scam twice. I got cheated by two financial agencies, including a government one, in 1990 and 2002.”

He also noted that he lost all his investment as he later came to know the firm was fake.

CM Majhi also added that he appealed to the then government-but failed to get back his money due to the complex and lengthy process.

Lakhs of investors in Odisha had lost all their savings in connection with the Chit Fund scam.

The Chief Minister in his speech asserted that Prime Minister Narendra Modi-led BJP government after discussions with all the stakeholders brought a new Consumer Protection Act, 2019, that closed all the loopholes in the previous Consumer Protection Act, 1986.

He added that India is an ‘over legislated country but lesser implemented nation’.

He noted that the consumers often failed to get justice due to the lengthy and complex legal process.

He emphasised the implementation of laws in the letter and spirit to ensure the consumers get justice without much hassle.

The Chief Minister highlighted various benefits of the Consumer Protection Act, 2019, in comparison to the previous act.

CM Majhi also drew attention towards the rising cases of cybercrime in the state.

He added that the state government is taking all the steps to spread awareness among consumers about their rights.

The Chief Minister advised the state Consumer Welfare Department to intensify the enforcement activities against traders engaged in fraudulent acts.

While speaking to media persons, the state Food Supplies and Consumer Welfare Department Minister Krushna Chandra Patra alleged that several departments stopped functioning properly during the last 24 years of the previous Biju Janata Dal’s government.

The department is reeling under severe staff crunch. The traders engaged in illegal activities have no fear of the department, Patra said.

He assured that sufficient staff will be provided and consumer forums at different levels will be revamped soon

Patra also said that the showcause notice has been issued to 371 petrol pumps that were found involved in cheating.

National Consumer Rights Day is observed every year on December 24 to commemorate the enactment of the Consumer Protection Act, 1986.

This year Consumer Day is being celebrated with the theme, “Virtual Hearings & Digital Access to Consumer Justice”.

The theme highlights the new provisions under the Consumer Protection Act, 2019, which is aimed at providing speedy, cost-effective and hassle-free justice to consumers through online mode.

The amended act highlights the importance of digital media and tools in ensuring that consumers can access justice in an increasingly online world.

Tags: chit fund scamMohan Charan Majhi
ShareTweetSendSharePinShareSend
Previous Post

Manipur Govt Not Violated Constitutional Provisions As Alleged By Congress: Minister

Next Post

Sundargarh Man Sentenced To Life For Murdering Elderly Woman

Related Posts

Odisha

BJP To Reach 1 Crore Odisha Families In Major Outreach Campaign

June 2, 2025
Odisha

Concurrent Evaluation Of DMF-Funded Projects Kicks Off In Odisha

June 2, 2025
Minister Naik
Odisha

Minister Naik Reviews ‘Bikashita Gaon’ Initiative, Stresses Grassroots Development

June 2, 2025
Odisha

From Debt To Dignity: Odisha’s ‘Lakhpati Didi’ Mamata Sharma Becomes Symbol Of Rural Empowerment

June 2, 2025
Utkal University
Odisha

State-Wide Merit List For CPET-2025 Published; Choice Filling Begins From June 3

June 2, 2025
DGP Chairs High-Level Meeting
Odisha

DGP Chairs High-Level Meeting To Ensure Smooth Rath Yatra In Puri

June 2, 2025
Next Post

Sundargarh Man Sentenced To Life For Murdering Elderly Woman

Rayagada Auto Driver Murder Cracked: Accused Committed Crime For Rs 25,000, Say Police 

Northeast Gears Up For Christmas Celebration With Joy, Unity & Generosity

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.