The chit funds and other illegal activities are still continuing in Odisha unchecked and the state govt is doing nothing about them. The apex bank RBI has expressed its annoyance in a letter sent to the Odisha govt, a report in Times of India says.
The RBI has asked the state govt to take a slew of effective steps to prevent several multi- state cooperative societies from indulging in illegal collection of funds from the general public.
According to the RBI’s letter, the state govt. has completely failed to control the illegal money collecting activities that have developed over the past years. The societies could give loans but are not allowed to get deposits from the public, a source from the RBI is quoted as saying.
Sources say the Odisha govt. has denied having received any letter from the RBI. However, the economic offense wing of the state crime branch has lately been inundated with hundreds of complaints in this connection, sources add.
THE CBI IS VANISHED FROM ODISHA.
RBI HAS BEEN GIVING REGULARLY SO MANY WARNINGS TO THE GOVT OF ORISSA.
BUT THE GOVT OF ODISHA NOT EVEN LISTENING TO THE HONORABLE SUPREME COURT’S DIRECTIONS
WILL ODISHA GOT WILL LISTEN TO RBI.
RBI IS A PARTY IN THE THE APEX COURT .RBI SHOULD COME TO APEX COURT WITH AN INTER APPLICATION TO THE APEX COURT.