Yojana for July 2018 Analysis

By

Shyam S Kaggod

THE BIG PICTURE - SDGS

YOJANA JULY 2018 - COVERAGE

Resurgent India

Energy Needs Affordable Housing

UDAN Fugitive

Economic Offenders’ Act

Agriculture

ENERGY NEEDS FOR INDIA

ENERGY MIX

ENERGY MIX

CHALLENGES / ISSUES

Accessibility

Availability

Raw Materials

Deficit

AT&C Losses

Tariffs and Cost of supply

Power theft

Pressure on Discoms

REFORMS

UDAY

DDUGJY

Saubhagya Scheme

UJALA

RE Target

ISA

Suryamitra Scheme

DDUGJY

DDUGJY

Electrification of all villages

Metering of unmetered connections for reducing losses

Separation of feeders to ensure sufficient electricity to agriculture and

continuous supply to other categories

Improvement of sub-transmission and distribution network to

improve the quality and reliability of supply.

SAUBHAGYA SCHEME

RENEWABLE ENERGY

INTERNATIONAL SOLAR ALLIANCE (ISA)

ISA - SOLAR ENERGY

AFFORDABLE HOUSING

Situation in India

Earlier Schemes

Launch of PMAY and its importance

PMAY (Rural) and PMAY (Urban)

AFFORDABLE HOUSING - PMAY

AFFORDABLE HOUSING - PMAY

HOUSING - RERA

Features or Provisions

UDAN SCHEME

UDAN SCHEME

UDAN SCHEME – CONCERNS / CHALLENGES

Coverage issue

Helicopter services yet to be started

Smaller carriers / service providers

Issue with Quality of Services

Long term viability

Cause for celebration or an exercise in futility?

The Fugitive Economic Offender Bill 2018

NEED FOR SUCH A LEGISLATION

Time consuming process

The accused flee the country

To ensure that the guilty are punished

Transparency and accountability

Restore the faith of the public

PROVISIONS OF THE BILL

Defines “Economic Offender”

Scheduled offences

Counterfeiting government stamps or currency

Cheque dishonor for insufficient funds

Money laundering

Transactions conducted to defraud creditors

Tax Evasion

The act covers offences committed under

Negotiable Instruments Act, 1881

Central Excise Act, 1944

Customs Act, 1962

Prohibition of Benami Property Transactions Act, 1988

Prevention of Money Laundering Act, 2002

Indian Penal Code

FEMA

PROVISIONS OF THE BILL

Value of the offence is ₹ 100 Cr

Sets up special courts

Rights of the properties confiscated will be held by the central government

Orders of the special court can be appealed before High Court

PROCESS

Filing of Application

Court issues the notice

If the accused is declared as FEO

Confiscation of the property

Appeals if any before the high court

CONCERNS / ISSUES

Plethora of legislations

How will the proceeds be distributed?

Should or should not be retrospective

Why ₹ 100 Cr threshold

Some of the provisions look draconian and against the principles of natural justice?

What about the assets which have been created by round tripping, layering, holding companies etc

AGRICULTURE

AGRICULTURE

Marketing Reforms

eNAM

MSP

Bhavantar Bhugatan Yoajana

GrAMs

Land Leasing Act

AGRICULTURE

Value Addition Facilities

Promotion of food processing

Operation Greens

Krishi Sampada Yojana