• 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

7 years ago
Air India Express Launches New Uniforms For Cabin Crew, Frontline Staff

Air India Express Launches New Uniforms For Cabin Crew, Frontline Staff

1 minute ago
Bombay HC Orders CBI Probe In 2020 Death Case Of Former Celebrity Manager Disha Salian

Bombay HC Orders CBI Probe In 2020 Death Case Of Former Celebrity Manager Disha Salian

13 minutes ago
Nepal Flood Toll Rises To 1,127; 4,858 Still Missing As Rescue Ops Enter Eighth Day

Nepal Flood Toll Rises To 1,127; 4,858 Still Missing As Rescue Ops Enter Eighth Day

16 minutes ago
Odisha Examining Proposals For Nuclear Power Plants

Odisha Examining Proposals For Nuclear Power Plants

17 minutes ago
After Donation Controversy, Ayodhya Ram Temple Trust To Appoint First CEO Today

After Donation Controversy, Ayodhya Ram Temple Trust To Appoint First CEO Today

59 minutes ago
Another Flood Hits Odisha’s Baleshwar As Subarnarekha Rises Above Danger Level

Another Flood Hits Odisha’s Baleshwar As Subarnarekha Rises Above Danger Level

1 hour ago
Supreme Court To Hear Plea On Odisha DGP Appointment Row Today

Supreme Court To Hear Plea On Odisha DGP Appointment Row Today

2 hours ago
Pakistan-Linked Honey Traps Zero In On Agniveers; Counter-Intel Probe Underway

Pakistan-Linked Honey Traps Zero In On Agniveers; Counter-Intel Probe Underway

2 hours ago
Couple Dies As Car Falls Into Water-Filled Pit In Odisha’s Paradip

Couple Dies As Car Falls Into Water-Filled Pit In Odisha’s Paradip

2 hours ago
Eight Dead In Uttarakhand As Monsoon Triggers Landslides, Subsidence In Hill Districts

Eight Dead In Uttarakhand As Monsoon Triggers Landslides, Subsidence In Hill Districts

3 hours ago
US Strikes Iranian Radars, Maritime Sites; Tehran Hits Back With Missiles, Drones

US Strikes Iranian Radars, Maritime Sites; Tehran Hits Back With Missiles, Drones

3 hours ago
‘Hope Is Fading’: Nepal Army Hunts For Missing As Nuwakot Camp Receives Decomposed Bodies

‘Hope Is Fading’: Nepal Army Hunts For Missing As Nuwakot Camp Receives Decomposed Bodies

4 hours ago
  • Home
  • About us
  • Career
  • Contact
  • Privacy Policy
  • Terms of Usage
Wednesday, September 2, 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
Previous Post

Invest Odisha Delegation Hosts Roadshow Promoting Make In Odisha 2020

Next Post

IndiGo Bans Kunal Kamra For Mocking Arnab Goswami On Board; Air India Follows Suit

OB Bureau

OB Bureau

Related Posts

Former Odisha MLA Sibaji Majhi Passes Away At 55

Former Odisha MLA Sibaji Majhi Passes Away At 55

by OB Bureau
August 19, 2026

Bhubaneswar: Senior political leader of Odisha and former Lanjigarh MLA Sibaji Majhi died at his native village Danarguda in Bijepur...

Patient Dies After Ambulance Breaks Down On Way To Hospital In Odisha

Patient Dies After Ambulance Breaks Down On Way To Hospital In Odisha

by OB Bureau
July 9, 2026

Bhawanipatna: A critically ill minor girl died allegedly after an ambulance carrying her broke down on the way to a...

Odisha School Headmaster Shunted After Complaint Of Obscene Gestures

Odisha School Headmaster Shunted After Complaint Of Obscene Gestures

by OB Bureau
July 9, 2026

Bhawanipatna: In a major development, a school headmaster in Odisha’s Kalahandi district was transferred following complaints accusing him of sexually...

2 Killed As BMW Rams Stationary Truck On Bhawanipatna Bypass In Odisha

2 Killed As BMW Rams Stationary Truck On Bhawanipatna Bypass In Odisha

by OB Bureau
June 13, 2026

Bhawanipatna: Two persons were killed after a speeding BMW car rammed into a stationary Hyva truck on the Bhawanipatna bypass...

Next Post
IndiGo Bans Kunal Kamra For Mocking Arnab Goswami On Board; Air India Follows Suit

IndiGo Bans Kunal Kamra For Mocking Arnab Goswami On Board; Air India Follows Suit

OMC-Ad OMC-Ad OMC-Ad
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