Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Truck owner ends life over loan burden in Keonjhar

Post News Network
Updated: June 12th, 2025, 09:32 IST
in State, Top Stories, Trending
0
Loan burden
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Keonjhar: Unable to repay his installments on his vehicle loan due to dwindling business, a 31-year-old truck owner allegedly committed suicide by jumping on a railway track near Kadagada village in Keonjhar district Wednesday morning. The deceased was identified as Lokanath Deo at Gobardhan village under Sadar block in Keonjhar district. The incident has spread shockwaves and widespread concerns among the locals and truck owners. Police reached the spot and launched an investigation.

Sources said that Deo had taken a loan from a private finance firm to purchase two Hyva heavy commercial trucks and supported his family as well as repaid his loan installments with the income generated from the business. However, due to a prolonged slump in the local transport sector and a lack of freight opportunities, he was unable to pay the equated monthly installments (EMIs) of loan. As a result, one of his trucks was reportedly seized by the financing company. This pushed him into depression. The mental and financial stress is believed to have led him to take the extreme step. His mutilated body was found on the railway tracks near Kadarada village, It is suspected that he might jumped on the railway track and been run over by a train. Residents spotted the mutilated body lying on the railway track and informed the police. Railway and local police reached the spot, recovered the body, and sent it for post-mortem.

Also Read

BJD-BJP

BJP, BJD trade barbs over women’s welfare schemes in Odisha

11 hours ago

Amy Jackson’s white bikini look sets instagram on fire; see pics

12 hours ago

Investigators are probing the incident, with preliminary inquiries pointing toward suicide, though accidental death has not been ruled out. A government railway police (GRP) officer, Aslam Khan said that the actual reason behind Deo’s death could be ascertained after the investigation gets completed. Reacting to the incident, Dilip Kumar Sahu of Keonjhar Nagarika Manch blamed the worsening truck-loading crisis in the district. He urged the Chief Minister to take immediate note of the plight of truck owners. “Youth are taking private loans to buy vehicles and ending their lives. The state government should create a dedicated fund like corpus fund for truck owners and constitute a task force to investigate such cases and ensure justice,” he said.

Also Read: War-footing efforts to combat diarrhoea outbreak in Jajpur

Tags: Loan burdenTruck owner
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019

Archives

Editorial

Graft in ED

June 14, 2025

When a senior Enforcement Directorate (ED) officer gets caught in a graft case, eyebrows go up. But when insiders start...

Read more

Clash of Titans

June 11, 2025

The world is watching with bated breath the fierce showdown between the richest man on earth Elon Musk and the...

Read more

Basics of Diplomacy

Diplomacy
June 10, 2025

It is unfortunate that India has finally got an invitation to attend the G7 summit in Alberta, Canada, to be...

Read more

Manipur Again

Manipur
June 9, 2025

More than two years after violent ethnic strife erupted in Manipur that claimed the lives of hundreds of civilians and...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST