INFORMAL MONEY MARKETS –JOURNEY FROM DEBT TO DEATH
INFORMAL MONEY MARKETS –JOURNEY FROM DEBT TO DEATH B Guruva Reddy, B.E ( Agri. Engg ), PGDRM (IRMA) Call money rockets The very recent issue " CALL MONEY RACKETS” and their atrocities including sexual abuses reporting from Vijayawada and surrounding areas are very painful and public shame. Civil society has to bow its head down and think seriously to eradicate these abuses. It has become order of the day for media, political parties, policy makers to keep any issue live 24x7 for few days, take full commercial advantage and forget about it without finding out the causes for the issue and try to find permanent solutions. The call money issue already became causality. Media has to play vital & positive role and give comprehensive picture on the issues, reasons for debit trap, implications, exit strategies, legal support etc rather than seeing it from pure commercial advantage. Police has to look at the issue from larger perspective and ensue that these rackets pr