Banning of Unregulated Deposit Schemes Ordinance, 2019: A Double-edged Sword
When the Union government promulgated The Banning of Unregulated Deposit Schemes Ordinance, 2019 (the Ordinance) a few days ago, the immediate reaction was one of dismay. 
 
There is no denying the fact that unscrupulous people dupe the greedy and gullible by soliciting loans and deposits promising high returns. It is also true that such dubious schemes and ponzis have cheated...
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