-PTI/ ThePrint.in Assets of Gangakhed Sugar & Energy Limited and Yogeswari Hatcheries and Gangakhed Solar Power Limited were provisionally attached under PMLA. New Delhi: Properties worth Rs 255 crore have been attached in connection with a money laundering probe linked to a case of alleged agricultural loan fraud and duping of farmers in Maharashtra, the Enforcement Directorate said on Wednesday. “Assets worth Rs 255 crore of Gangakhed Sugar & Energy Limited (GSEL), Yogeswari...
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Real power is with Centre, which holds the purse-strings in these fiscally-challenging times -Harish Damodaran
-The Indian Express Post 2014, two centralisations — of political and economic power — continue to reinforce each other, with profound consequences for the country and potential to define popular narrative in days ahead. The return of single-party dominance and its implications for politics after nearly 25 years of minority/coalition governments at the Centre (December 1989-April 2014) has been widely commented upon. As have concerns over rising corporate market power and their...
More »IB, RAW, ED and Income Tax dept get SOS from Modi govt to help check soaring onion prices -Samyak Pandey
-ThePrint.in Officials from Intelligence Bureau, RAW, ED and I-T department have been mandated to work with agriculture and consumer affairs ministries to check onion prices. New Delhi: It’s not just the policymakers in the Narendra Modi government who are worried about soaring onion prices. Sleuths from the Intelligence Bureau, Research and Analysis Wing, Enforcement Directorate and the Income Tax department are also on their heels, ThePrint has learnt. With the onion prices touching...
More »Cash and carry country -V Kumara Swamy
-The Telegraph The growing trend of India's super rich shopping offshore for citizenships of convenience Mehul Choksi is not keeping well. Or so the absconding billionaire and uncle to the absconding diamantaire, Nirav Modi, told the Enforcement Directorate when he was asked to appear in a Mumbai court not long ago. It is a pity, for had Choksi been in better health, he would have been able to enjoy his new country,...
More »The paradox of job growth -R Nagaraj
-The Hindu Besides the missing informal sector, over-estimation of output growth also offers clues Are the latest employment estimates by the Central Statistics Office (CSO) factually correct? No. They are off the mark, and confined to the economy’s organised or formal sector, accounting at best for 15% of the workforce. Is there a paradox in high output growth rates and the marginal effect on employment? Probably not, if one acknowledges that GDP...
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