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BUDGET 2025 AT A GLANCE||| SOME KEY PROVISIONS

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  BUDGET 2025 AT A GLANCE SOME KEY PROVISIONS SARASIJ MAJUMDER   1.       10,000 additional seats to be inculcated in Medical Institutes in one year; 75,000 additional   medical seats will be created in next 5 years. 2.       100 GW target for Nuclear Power Generation by 2047. 3.       40,000 new houses will be added under Swayam Housing scheme. 4.       50 New Tourists’ destination will be developed by next year . 5.       A Maritime Development Fund with a corpus of ₹ 25,000 crore to be set up, with up to 49 per cent contribution by the Government, and the balance from ports and private sector. 6.       Atal Tinkering Labs (ATL) : 50,000 such labs are to be set up in government schools in 5 years. This is a part of Atal Innovation Mission (AIM). Comment: In my opinion, t...
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REF:WHITE PAPER --NDA

PART-2: PERVASIVE CORRUPTION

SARASIJ MAJUMDER



Today, I publish the PART—2.  I HOPE TO COMPLETE  IN 4 PARTS, IN 4 DAYS. Reference URL of Part-1 is listed below.

1.      Coal Block Allocation: This financial scandal involved irregularities and corruption in allocation of coal blocks by the government to private companies for captive use, leading to an estimated loss of `1.86 lakh crore to the exchequer, as estimated by the CAG.

2.      Commonwealth Games: The event was marred by widespread corruption, mismanagement, and financial irregularities in planning and execution of various projects related to the games. Charge-sheets were filed in 8 cases which are under trial in courts of Delhi. Estimated amount of Pilferage- Rs.70,000 Cr.

3.      2G Telecom: This involved a loss of about `1.76 lakh crore of potential revenue to the government, as estimated by the CAG (at the rates paid for 3G spectrum)33. The corruption cases are in the appellate court.

4.      Saradha Chit Fund: This was a Ponzi scheme with diversion of funds for personal use, and luring investors with the promise of high returns. The scam unfolded in 2013 when the group collapsed, leaving millions of investors in financial distress. 200 companies, and Rs. 30,000/- Crore is involved

5.      INX Media Case: This case involved money laundering and irregularities in foreign investment approval for investment into a media company. It is under trial. $2.755 Billion of Money laundering reported.

6.      Aircel-Maxis: The case involved allegations of Irregularities in the approval of foreign investment in a telecom company, and illegal gratification. The case is under trial.  It was a Rs. 40/- Billion Deal. It is alleged that Mr. P Chidambaram etc.  received 5% Bribe.

7.      Antrix-Devas Deal: Irregularities and corruption in a satellite deal between Antrix Corporation, the commercial arm of the Indian Space Research Organisation (ISRO), and Devas Multimedia Pt. Ltd, and irregularities in allocation of scarce S-band spectrum and wrongful gains to Devas Multimedia are the key elements of this case. The Supreme Court has confirmed the finding of fraud. Charge-sheet for the criminal offence has been filed.  Scam amount not available in Public Domain.

8.      Land for Jobs: The case involves obtaining pecuniary advantages in form of transfer to land or property in lieu of appointments of substitutes in Group 'D' in different zones of Railways. Investigation is underway.  Lalu- Rabri etc involved. Scam Amount not available in Public Domain.

9.      Allotment/Release of Prime Land in Panchkula and Gurgaon: These are multiple cases relating to release of prime land from acquisition in connivance with the private builders and allotment of industrial land to close associates. After investigation, charge-sheets have been filed in trial courts. The case involved illegal allotment of  14  Industrial Plots in Gurugram, and one Plot (C-17, Sector-6) of Panchkula to National Herald. Amount not available

10.  J&K Cricket Association: The case involves misappropriation of nearly Rs.44 crores by opening "bogus" bank accounts. After investigation, charge-sheet has filed.

11.  The Embraer Deal: The case is related to corruption, bribery and kickbacks in purchase of aircraft from the Brazilian aerospace company Embraer. After investigation, charge sheet was filed, and the case is pending in trial court.

12.  Pilatus Basic Trainer Aircraft: The case involves corruption in procurement of 75 Pilatus basic trainer aircraft for the Indian Air Force in 2009. This is a Rs.29,000/- Cr. Deal Scam.

13.  Hawk Aircraft Purchase: The case involves payment of bribery to unknown officers of Ministry of Defence, during the period 2003 to 2012, in procurement of Hawk Aircraft from M/s Rolls Royce plc, UK. The case is under investigation. No data  on Scam amount is  available.

14.  Adarsh Housing Society Scam: This case involved irregularities in allotment of apartments in a defence land project. It is at the trial stage. No data  on Scam amount is  available.

15.  Augusta Westland Helicopter Scam: Kickbacks were paid in procurement of helicopters. It appears that equivalent to ₹6.1 billion or US$77 million in 2023) was paid as a bribe.

Note:-- The White Paper, in many cases, didn’t indicate any amount. I sourced them from public domain, and shared in RED, and those are not a part of White Paper. I know some more cases not covered in NDA white paper for lack of established evidences.

 

REFERENCE:--

Pages :-- 23 &24, White Paper tabled at Parliament by NDA.

Also read:https://sarasij1majumder.blogspot.com/2024/02/nda-white-paper-part-1-economy-in-2014.html

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