If you thought that mafia was all about gun toting gangsters and Cigar smoking roughnecks then it is not so. Over the years, many forms of mafia have evolved and India is one place where you can see maximum types. In that process another mafia has been discovered and it is called the ‘Runa Mafia’ or the loan mafia.
Ideally, the government is coming up with loan waiver procedure which led to this new mafia. This process involves the data being computerized completely and through a recognized organization, the cotton farmers are given the loan waiver. It is due to this process the flaw has come out. Some groups are operating illegally by creating fake passbooks and taking loans.
Similarly, they have also created fake passbooks for government and forest department lands and took loans keeping the deserving farmers and their respective societies in dark. Investigations reveal it is the cooperative bank employees, revenue officials, chairmen and society presidents who are all part of this vicious ring. Due to all this, the worst hit is the banks, innocent farmers.
Few experts are suggesting this is the best example to show how computerization in the right manner and following strict procedures can curb this menace. This would also ensure the recovery rate of banks will improve. Let us hope things change and the wrongdoers are brought to task.
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