The Congress on August 30 raised the issue of several Chinese apps siphoning off ₹500 crore by duping lakhs of Indians through debt traps and questioned why Prime Minister Narendra Modi was keeping his “eyes closed” .
Addressing a press conference, Congress spokesperson Gourav Vallabh asked why the Modi Government had no strategy to tackle the scams.
Mr. Vallabh claimed an investigation between January and February 2021 had found more than 1,100 digital loan apps available across play stores and that the Reserve Bank of India (RBI) accepted that at least 600 such apps were operating illegally.
