Maharashtra: Jeweller hit by losses due to GST; kills self
A 32-year-old businessman today allegedly committed suicide after apparently facing losses due to demonetization and the introduction of the Goods and Services Tax. Reportedly, Karad-resident Rahul Rajaram Phalke died instantly after he jumped in front of a Miraj-bound freight train near Shirvade station in Satara district in Western Maharashtra. Here are the details.
What exactly happened?
Police said that Phalke had sent messages to his friends and relatives on Facebook and WhatsApp stating that he had suffered losses in his jewellery business due to demonetization and GST and could not find a way to tide over it. Further, his mobile phone, from which he reportedly sent these messages, was missing. The authenticity of these messages would be verified as part of the investigation.
