MP: Substandard Chinese Mini-Tractors Distributed to Farmers Under Farm Mechanization Scheme
According to a four-member committee report, the farmers in Madhya Pradesh were distributed low-quality Chinese mini tractors from 2017 to 2019, under Krishi Yantrikikaran Yojana. Reportedly, the procurement was done without inviting bids. The report indicates that authorities violated many rules such as pushing MP-Agro as nodal agency, ghost beneficiaries and substituting DBT for power-tillers. "We have got the report and will take… read-more
Tags: Agriculture, scam, Madhya Pradesh, Chinese goods, politics
Courtesy: NDTV
IT Department Searches Chinese Entities Over Hawala and Money Laundering
After the Income Tax Department conducted a search operation against some Chinese entities, evidences gathered indicated that they were involved in money laundering and "hawala" transactions involving Hong Kong and US dollars. "Search action revealed that, at the behest of Chinese individuals, more than 40 bank accounts were created in various dummy entities, entering into credits of more than Rs.1000 crores over the period," said CBDT … read-more
Tags: Income Tax, Raid, Chinese goods, Hawala
Courtesy: CNBCTV18