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HK Patil: Microfin ordinance not against one's basic right

The New Indian Express Mysuru

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February 08, 2025

DEFENDING the Karnataka Micro Finance (Prevention of Coercive Actions) Ordinance 2025 issued by the state government, Law Minister HK Patil on Friday said it does not curb one's basic right and it has not neglected the interest of lenders, nor restricted loan recovery.

- EXPRESS NEWS SERVICE @ Bengaluru

DEFENDING the Karnataka Micro Finance (Prevention of Coercive Actions) Ordinance 2025 issued by the state government, Law Minister HK Patil on Friday said it does not curb one's basic right and it has not neglected the interest of lenders, nor restricted loan recovery. He, however, said that the ordinance will be presented in the Houses and opinion of legislators will be taken before a strong law is framed.

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