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Friday, October 15, 2010

MFI offices attacked in AP

Hyderabad, Oct 13 : Offices of various Micro Finance Institutions (MFIs) were attacked in different parts of Andhra Pradesh today for allegedly harrasing rural people in the name of lending money.The attacks were reported in Srikakulam, Chitoor and Anantapur districts where some offices of private MFIs were ransacked by a section of people.Meanwhile, Opposition party leaders and APCC president D Srinivas appealed to the state government to initiate immediate action to prevent the alleged harassment of the rural people by agents of MFIs in the state.Mr Srinivas said it was unfortunate that the rural people, particularly women, were committing suicides unable to withstand harrassment of MFIs and appealed Chief Minister K Rosaiah to take steps to curb such incidents Meanwhile,Chief Minister Rosaiah appealed to the Banks to come to the rescue of the rural poor and SHG members in a big way. He said it is the joint responsibility of the government and the banks to help the poor people in distress who were being harassed by the MFIs.
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