Rediff Logo
Money
Line
Channels: Astrology | Broadband | Contests | E-cards | Money | Movies | Romance | Search | Wedding | Women
Partner Channels: Bill Pay | Health | IT Education | Jobs | Technology | Travel
Line
Home > Money > PTI > Report
July 11, 2001
Feedback  
  Money Matters

 -  Business Special
 -  Business Headlines
 -  Corporate Headlines
 -  Columns
 -  IPO Center
 -  Message Boards
 -  Mutual Funds
 -  Personal Finance
 -  Stocks
 -  Tutorials
 -  Search rediff

    
      



 
 Search the Internet
         Tips
 Sites: Finance, Investment
E-Mail this report to a friend
Print this page

Sonia demands action against US-64 'offenders'

Terming the collapse of Unit Trust of India's US-64 scheme as the 'biggest setback' for small investors, Congress president Sonia Gandhi said on Wednesday that the party will launch a nation-wide agitation if no action is taken against the guilty persons.

Addressing a rally in Rajgarh in Madhya Pradesh, after launching a health scheme and laying foundation of an irrigation project, Sonia said, 'the future of small investors is totally ruined with the collapse of US-64 scheme'.

She said that she had written a letter to the Prime Minister Atal Bihari Vajpayee in this regard demanding action against the guilty persons.

"If no action is taken on the letter then the Congress will launch a nation-wide agitation against the central government's economic policies," she warned.

"It is a serious issue and my party is worried about the future of almost everybody in the country, especially the salaried class that has heavily invested in the scheme and I can imagine what has happened to them after the scheme collapsed," Sonia added.

ALSO READ:
The UTI Crisis

Back to top
(c) Copyright 2000 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

Tell us what you think of this report