Home » News & Politics » Prime Time With Ravish, Feb 07, 2019 | When Will Government Act Against Illegal Chit Fund Companies?

Prime Time With Ravish, Feb 07, 2019 | When Will Government Act Against Illegal Chit Fund Companies?

Written By NDTV on Thursday, Feb 07, 2019 | 11:45 AM

 
On Prime Time, Ravish Kumar asks whether the government is serious about taking stringent action against illegal chit fund companies and ensuring that the investors get their hard earned money back. Will politicians and other influential people who have aided such companies be punished? While the CBI investigation has gained momentum in the Sarada scam case, crores of investors duped by a Gujarat based chit fund company are still left in lurch. The Supreme Court in 2016 had ordered auctioning of the chit fund company - Pearl Agrotech Corporation Limited (PACL) to refund money to its investors. According to reports, over Rs 48000 crore have been collected from investors number over 5.6 crore. (Audio in Hindi) NDTV is one of the leaders in the production and broadcasting of un-biased and comprehensive news and entertainment programmes in India and abroad. NDTV delivers reliable information across all platforms: TV, Internet and Mobile. Subscribe for more videos: https://www.youtube.com/user/ndtv?sub_confirmation=1 Like us on Facebook: https://www.facebook.com/ndtv Follow us on Twitter: https://twitter.com/ndtv Download the NDTV Apps: http://www.ndtv.com/page/apps Watch more videos: http://www.ndtv.com/video?yt