Kundapur: Financial distress in business - Hotelier ends life


Daijiworld Media Network – Kundapur (MS)

Kundapur, Jun 4: An hotelier who was in acute financial distress killed himself by jumping into well at Kakkunje Harkady Makkimane on June 2.

The deceased is identified as Surendra Shetty (35), local resident. He was on psychiatric treatment for over seven years for depression as he lost a great deal of money in hotel business.

On Thursday June 2, Surendra jumped into the well of his residence and ended his life. Kota police have registered a case in this regard.

  

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Comment on this article

  • Sameer, Riyadh

    Sat, Jun 04 2022

    Won't anyone say 'acche din' for Indian businessmen? This won't stop until government policies don't change. This won't stop until government accepts and admits their failure. The middle class are those people who get no benefits from government, instead only pay taxes. Looks like middle class is only born to pay taxes and die. They are the most vulnerable. Government will only say'sab changa si'. Doing business is India is like a suicide mission, over and above the burden of taxes, bribes, high interest rates on loans and then the social unrest kills it all. Indeed sad.

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