Gujarat: In Gujarat, a significant legal crackdown is underway as 134 First Information Reports (FIRs) have been registered against 226 moneylenders. This action is part of a comprehensive and targeted campaign aimed at freeing common citizens from the debilitating cycle of lending money at unreasonably high rates of interest or usury, often trap borrowers in a cycle of debt and financial ruin.
The Gujarat Police have intensified their efforts to combat these illegal lending practices, ensuring that those who exploit vulnerable individuals through exorbitant interest rates are held accountable. By targeting moneylenders who operate outside the bounds of legality, the authorities aim to dismantle the pervasive networks of usurers and provide much-needed relief to the affected populace.
This stringent action signifies a robust stance against unlawful financial activities in the state, sending a clear message that those engaged in the illegal interest business cannot evade the law. The campaign underscores the government’s commitment to protecting its citizens from financial exploitation and ensuring economic justice.
