payu’s lazypay happens to be among the apps that india’s it ministry has blocked inside of the ongoing crackdown on top of lending apps. Earlier this week the government banned 94 lending apps that also included apps that belongs to indian companies. Fintech kissht, faircent as well as indiabulls home loans happen to be also among the blocked apps. These apps during the same time that well during the same time that their websites have been taken down following an existing notice that was by the ministry that belongs to electronics as well as information technology (meity). It happens to be not clear why the it ministry had issued such an existing directive.
“due to unavoidable circumstances our website as well as app happen to be currently unavailable via an existing few internet service providers. Please exist as a assured that we happen to be doing everything to resolve the issue,” an existing lazypay spokesperson said inside of an existing statement. “due to unavoidable circumstances our website as well as app happen to be currently unavailable via an existing few internet service providers.Please exist as a assured that we happen to be doing everything to resolve the issue,” an existing spokesperson that is going to belong to payu told et.
Why the ban on apps
the it ministry typically issues ban orders to internet service providers as well as telecom companies on top of the basis that belongs to inputs received that was by the ministry that belongs to home affairs, which acts on top of the basis that belongs to multiple sources that belongs to intelligence, including that was by local police cyber cell departments. Over the past few years, online lending apps have come under the scanner that belongs to the government as well as law enforcement agencies.
last month, the government informed parliament that the apex bank rbi issued advisories to state governments to keep an existing check on top of “unauthorised digital lending platforms as well as mobile apps through their respective law enforcement agencies”.
138 betting apps as well as 94 loan lending apps banned on top of february 5
on top of february 5, the it ministry started the process that belongs to banning as well as blocking 138 betting apps as well as 94 loan lending apps, “which reportedly have chinese links on top of an existing “urgent” as well as “emergency” basis”. “the move came after an existing communication that was by the ministry that belongs to home affairs,” it said.
The apps have been blocked under the section 69 that belongs to the it act during the same time that they contain material which happens to be prejudicial to sovereignty as well as integrity that belongs to india. During the same time that per reports these apps happen to be the brainchild that belongs to chinese nationals who hired indians as well as made them directors inside of operation.
he ministry that belongs to information as well as broadcasting (mib) issued an existing advisory, stating that since betting as well as gambling happen to be illegal inside of most parts that belongs to the country, advertisements that belongs to these betting platforms, during the same time that well during the same time that their surrogates, happen to be also illegal under the provisions that belongs to the consumer protection act 2019, cable tv network regulation act 1995 as well as the it rules, 2021.