• Latest
  • Trending
  • All
  • Sport
  • Cricket
  • Odisha
Investors Duped By Chit Fund Companies Ask State Govt To Deliver Promise Of Refund

Investors Duped By Chit Fund Companies Ask State Govt To Deliver Promise Of Refund

6 years ago
‘Adequate Stock For 13 Days, No Rationing’: Odisha Govt Urges Calm Amid Petrol Pump Queues

‘Adequate Stock For 13 Days, No Rationing’: Odisha Govt Urges Calm Amid Petrol Pump Queues

24 minutes ago
SC No To Suspension Of Sengar’s Life Sentence; Matter Back With HC

SC No To Suspension Of Sengar’s Life Sentence; Matter Back With HC

37 minutes ago
Fatal Bike-Auto Crash Triggers NH-326 Blockade In Odisha, Passengers Stranded

Fatal Bike-Auto Crash Triggers NH-326 Blockade In Odisha, Passengers Stranded

59 minutes ago
Berhampur’s MKCG Registrar Ditches Car, Pedals To Office After PM’s Appeal

Berhampur’s MKCG Registrar Ditches Car, Pedals To Office After PM’s Appeal

1 hour ago
NEET UG To Be Computerised From 2027: Dharmendra Pradhan

NEET UG To Be Computerised From 2027: Dharmendra Pradhan

1 hour ago
Two Killed, 5 Injured As SUV Crashes Head-On With Truck On Bhubaneswar Outskirts

Two Killed, 5 Injured As SUV Crashes Head-On With Truck On Bhubaneswar Outskirts

2 hours ago
Fuel Frenzy In Bhubaneswar, Puri: Queues Grow Longer Despite Govt Assurances Amid Price Hike

Fuel Frenzy In Bhubaneswar, Puri: Queues Grow Longer Despite Govt Assurances Amid Price Hike

2 hours ago
Odisha Doctor Beaten To Death By Elder Brother Over Land Dispute; 4 Detained

Odisha Doctor Beaten To Death By Elder Brother Over Land Dispute; 4 Detained

3 hours ago
Bomb Hoax On Lufthansa Flight To Hyderabad; Security Measures Initiated

Bomb Hoax On Lufthansa Flight To Hyderabad; Security Measures Initiated

3 hours ago
US Planning To Drop Fraud Charges Against Gautam Adani After Investment Promise: Reports

US Planning To Drop Fraud Charges Against Gautam Adani After Investment Promise: Reports

3 hours ago
Latest Odisha Breaking News Updates | Friday, 15 May 2026

Latest Odisha Breaking News Updates | Friday, 15 May 2026

3 hours ago
Petrol Price Breaches Rs 100-Mark In Bhubaneswar After Centre Hikes Fuel Rates By Rs 3/Litre

Petrol Price Breaches Rs 100-Mark In Bhubaneswar After Centre Hikes Fuel Rates By Rs 3/Litre

3 hours ago
  • Home
  • About us
  • Career
  • Contact
  • Privacy Policy
  • Terms of Usage
Friday, May 15, 2026
No Result
View All Result
OdishaBytes
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
No Result
View All Result
OdishaBytes
No Result
View All Result
Home Odisha Kalahandi

Investors Duped By Chit Fund Companies Ask State Govt To Deliver Promise Of Refund

by OB Bureau
January 28, 2020
in Kalahandi
Reading Time: 2 mins read
Investors Duped By Chit Fund Companies Ask State Govt To Deliver Promise Of Refund
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Bhawanipatna: Hundreds of investors who had been duped by Chit Fund companies in Odisha on Tuesday took out a rally in Kalahandi’s Junagarh town and protested against the false promises made by the state government.

They staged a protest under the banner of “Jamakari Gana Satyagraha” and submitted a memorandum to the Governor through the Tehsildar.

ADVERTISEMENT

The investors demanded refund of small and large deposits and identification of depositors through their respective Tehsils. They expressed concern over the statement made by the Principal Secretary, Finance, Ashok Meena that the government will not facilitate refund of over Rs 10,000.

They alleged that they have been victims of lies by the Chit Fund companies as well as the state government. “Initially, the Chit companies cheated us, and now, the government is doing the same thing. Seven years have passed but our money has not been returned to us,”said an investor, Latika Naik.

President of Satyagraha, Jayanta Dash, told the media that the government welcomed the companies and signed an MoU with them. The Chit Fund companies duped the investors till 2013. In these seven years, the government lied to the investors, saying the money will be returned to them. “The companies were sealed by the government and later, it promised that Rs 300 crore corpus fund has been raised to return the money but till today, it has not returned money to the investors,” Das alleged.

He said that the government has not begun the process of identifying the investors then how will it return the money. 

Among others, General Secretary Madhusudan Bishwal, CPI leader Damodar Behera, Amar Sahu, Joint Secretary Umesh Nayak, Purna Ch Pradhan addressed the people. 

Share196Tweet123
ADVERTISEMENT
OB Bureau

OB Bureau

Related Posts

Healthcare To The Last Mile: Vedanta Aluminium’s Efforts In Rayagada & Kalahandi

Healthcare To The Last Mile: Vedanta Aluminium’s Efforts In Rayagada & Kalahandi

by OB Brand Feature
May 5, 2026

Across the interior regions of Rayagada and Kalahandi districts in Odisha, access to healthcare has been shaped as much by...

Odisha Vigilance Nabs Accountant For Taking Bribe From PMAY Beneficiary

Odisha Vigilance Nabs Accountant For Taking Bribe From PMAY Beneficiary

by OB Bureau
May 5, 2026

Bhubaneswar: An Accountant-cum-Data Entry Operator (ADEO) posted in Junagarh Block of Kalahandi district was apprehended by Odisha Vigilance officials on...

Armed Robbers Loot Rs 8 Lakh Cash, Gold From Businessman’s House In Odisha’s Kalahandi

Armed Robbers Loot Rs 8 Lakh Cash, Gold From Businessman’s House In Odisha’s Kalahandi

by OB Bureau
May 5, 2026

Bhawanipatna: Armed robbers broke into the house of a businessman in Lanjigarh area of Odisha’s Kalahandi district and looted over...

Another Suspected Sunstroke Death In Odisha! Govt Employee Dies During Treatment

Another Suspected Sunstroke Death In Odisha! Govt Employee Dies During Treatment

by OB Bureau
May 2, 2026

Bhawanipatna: A government employee died while undergoing treatment for suspected sunstroke in Odisha’s Kalahandi district. The deceased has been identified...

SAI International School SAI International School SAI International School
OdishaBytes

Copyright © 2026 Frontier Media

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact
  • News Feed

Follow Us

No Result
View All Result
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review

Copyright © 2026 Frontier Media