Troubleshoot Vehicle EMI Problems: Telangana Drivers JAC

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JAC leaders approached Dr Chandra Sekhar, Additional Industry Advisor, MSME Development Institute, seeking action to help drivers and vehicle owners

Through Telangana today | Posted: July 21, 2021 11:15 p.m.Update: July 21, 2021 11:17 p.m.

Hyderabad: Telangana State Taxi and Drivers JAC, led by Marri Rajasekhar Reddy, Parliamentary Officer for TRS Malkajigiri Constituency, approached Dr Chandra Sekhar, Additional Industry Advisor, MSME Development Institute, seeking the necessary measures to assist drivers and vehicle owners .

Telangana State Taxi and Drivers JAC provided details of a 24-hour survey of 800 interviewees with the help of Reddy who guided them in resolving driver issues, according to a press release.

Loan collection agents and agencies threatened drivers and vehicle owners even during the pandemic with not making the loan installments. Drivers who have lost their livelihoods due to Covid-19 lockdowns have not been able to pay IMEs regularly. But banks and NBFCs, even after the RBI directive, were seizing vehicles and forcing people to pay penalties and the final settlement of loans, the statement said.

Chandra Sekhar has written to RBI on behalf of the Telangana State Taxi and Drivers Joint Action Committee to examine the difficulties faced by drivers and vehicle owners due to Covid-19.

A helpline has been set up at the MPME-Development Institute, Narsapur Cross Roads, Balanagar, to register complaints from drivers and vehicle owners who have suffered harassment from banks and NBFCs, the statement added.


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