Representational image of Power tiller

Photo: Krishi Jagran

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

Tue, 15 Sep 2020 - 01:17 PM / by Nitesh Kumar Singh

Tags: Agriculture, scam, Madhya Pradesh, Chinese goods, politics

Courtesy: NDTV

Income tax raid unearths Hawala Transactions

Photo: DNA India

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

Wed, 12 Aug 2020 - 01:55 AM / by Antara Paul

Tags: Income Tax, Raid, Chinese goods, Hawala

Courtesy: CNBCTV18