Unclaimed Deposits Of Rs 48,461 Crore Transferred To Depositor Education & Awareness Fund: Govt pragativadi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pragativadi.com Daily Mail and Mail on Sunday newspapers.
Ministry of Corporate Affairs has informed that the amount lying with Investor Education and Protection Fund, as on March 31, 2023, is Rs 5,714.51 crore, Minister of State for Finance Bhagwat Karad said in a written reply in Rajya Sabha.
ED has further informed that as on August 2, 2023, proceeds of crime of fugitive economic offenders, amounting to Rs 34,118.53 crore have been attached, out of which assets amounting to Rs 15,838.91 crore have been confiscated and assets amounting to Rs 15,113.02 crore have been restituted to the public sector banks, he said.
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This week, we sit with Sanjay Bhuckory, SC and political observer to talk about the various legal issues making the headlines as well as the political situation in general. An interview with no sitting on the fence, to be read in one stretch.
“The Privy Council judgment has squarely laid the blame on the State Trading Corporation for this debacle. But let us be realistic and recognise that the STC was a mere agent of its political masters, who were hell bent on dismantling the Betamax contract.”
A commission of inquiry on Betamax came as a surprise to many people. How do you feel about it?