15K SHG members duped by micro-finance institutions in Belagavi
The Free Press Journal|January 03, 2025
As many as 15,000 people operating under Self Help Groups (SHGs) were cheated by 40 micro-finance institutions to the tune of Rs 100 crore, it has been learned.
15K SHG members duped by micro-finance institutions in Belagavi

Minister for Public Works Satish Jarkiholi made the announcement before mediapersons in Belagavi city after holding a meeting. Congress MLA from Belagavi North Asif Sait participated in the meeting. Satish disclosed that a team of three officials had been formed to investigate the fraud, adding that one arrest had been made in the case.

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