City
Epaper

Sitharaman intervenes as Covid orphan receives loan recovery notices

By IANS | Updated: June 6, 2022 14:00 IST

New Delhi, June 6 After reports emerged of a teenage Covid orphan being troubled by loan agents for ...

Open in App

New Delhi, June 6 After reports emerged of a teenage Covid orphan being troubled by loan agents for the repayment of outstanding debt left behind by her late father, Union Finance Minister Nirmala Sitharaman intervened and asked officials to take up the case.

The finance minister has asked the Department of Financial Services and Life Insurance Corporation to look into the matter.

"Please look into this. Also brief on the current status," Sitharaman tweeted while attaching the news report titled "Orphaned Topper Faces Loan Recovery Notices" with it.

The father of 17-year-old Vanisha Pathak from Bhopal was an LIC agent and had taken a loan from his office.

Since Vanisha is a minor, LIC has blocked all her father's savings and the commissions he would get every month, as per the report. Her father died during the second wave of Covid in 2021. She had reportedly received the last legal notice on February 2, 2022, to repay Rs 29 lakh, or else would be subjected to legal consequences, the report said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Department of financial services and life insurance corporationNirmala SitharamanUnion FinanceNirmala seetharamanBjp state spokesperson
Open in App

Related Stories

Business8th Pay Commission: Central Govt Employees and Pensioners To Go on Nationwide Protest on April 16 Over DA Hike Delay

BusinessAnil Ambani’s Reliance Power Shares Rise After Businessman Seeks Structured Settlement of Bank Dues

MaharashtraUnion Budget 2026: CM Devendra Fadnavis Welcomes Women-Centric Schemes, Calls All Proposals a 'Powerful Step Towards Viksit Bharat'

NationalBudget 2026: What Gets Cheaper, What Turns Costlier After Nirmala Sitharaman’s Ninth Budget

NationalBharat-VISTAAR: AI Tool to Assist Farmers in Decision-Making Unveiled in Budget 2026

Politics Realted Stories

Politics"Hope that BJP-AIADMK candidate gets rejected": Congress MP Manickam Tagore on Tamil Nadu elections

Politics"Brother Stalin will be CM again": DMDK's Premalatha Vijayakanth predicts sweep for Secular Progressive Alliance

Politics"CM Stalin will come to power for second term": Former CM and DMK candidate O Panneerselvam

PoliticsTamil Nadu Polls: BJP leader K Annamalai slams DMK Rule, calls for strong voter response in Coimbatore

PoliticsTamil Nadu polls: TVK's Sengottaiyan casts vote, hails Vijay's vision for state transformation