The Indian budget every year has always been an eagerly awaited event. For many decades, the best minds in economics, finance, tax, business and industry throng the media house to analyze the provisions shared by the Financial Minister.
Sometimes major events completely disconnected may be data points for the plans of the different powers around the world. The challenge is to discern what purpose they serve? More critically, what are we moving towards?
When the US Ambassador threatened India's "Strategic Autonomy" policy over India's friendship with Russia - much more than meets the eye was at stake. Let us unpack how the Ukraine war has fundamentally changed the US and the world. And why are we here anyway?
The Income Tax Department has seized assets worth crores – undisclosed cash, jewellery and property papers – in Jammu and Kashmir. The operations were done in five locations in Kashmir valley and a few places in Jammu.
“These actions are part of the department’s continued drive against use of black money by disruptive elements in the state. The operations also send a message of deterrence and obviation to those intending to vitiate the democratic process of free and fair elections,” it said. The tax department further said one operation was against a prominent Line of Control (LOC) trader who apparently used proxies to conduct large cross-LoC trade in the past six years.
As the raids on Hurriyat and other actors who were proxies of Pakistan continue and intensify, the drying up of the terror financing is also happening in parallel.
#BREAKING: Income Tax raids across Kashmir underway at 5 locations. IT Dept recovers 1.44cr undisclosed cash, jewelry worth 2.48cr seized. Search against prominent LoC trader, hotelier & liquor retailer. @AshuBTVI breaks on @BTVI exclusively. Is this related to terror funding?
What the drying up of financing means is that the money that these Pak proxies used to pay the stone pelters or the Jehadis is no more there. This will cut off that part of the actions.
The Indian budget every year has always been an eagerly awaited event. For many decades, the best minds in economics, finance, tax, business and industry throng the media house to analyze the provisions shared by the Financial Minister.
When the US Ambassador threatened India's "Strategic Autonomy" policy over India's friendship with Russia - much more than meets the eye was at stake. Let us unpack how the Ukraine war has fundamentally changed the US and the world. And why are we here anyway?
This visit of India left me with many questions. Many observations and inputs from different people and sections. Food for thought that I have tried to contemplate on and make sense of. Sharing all that with you.
When you analyze the last 60 years of the economic miracles of Singapore, South Korea and Malaysia versus the continued impoverished Indian economy, you get very interesting lessons. Can Indians have the wherewithal in them to do in one generation so that the coming generations may rise?
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