[Premium] Fugitive Economic Offenders Act 2018 – Why is it Necessary?

Recently, there have been many instances of Enforcement Directorate (ED) filing charge sheet against economic offenders under the Fugitive Economic Offenders Act, 2018. In this scenario, it is essential to understand the need, features, benefits, and concerns regarding the Fugitive Economic Offenders Act, 2018.

This article explains the following in an analytical manner with a mindmap for better understanding and quick revision.

  1. What is the need for Fugitive Economic Offenders Act? (Benefits)
  2. What are the existing laws for seizing Assets?
  3. What are the salient features of Fugitive Economic Offenders Act, 2018?
  4. What are the Challenges in implementing the law?
  5. What is the way forward?

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Demonetisation – A Success or a Failure?


[Premium] Blockchain Technology & Cryptocurrency – In a Nutshell

Blockchain technology, also known as the decentralised, distributed ledger technology, has gained popularity in India in the last 2 years. According to studies, in the next 5 years, Blockchain has the potential to add value to the tune of USD 5 billion across all sectors in India.

Various banks in India have been increasingly adopting this technology. Utilising this distributed ledger technology, a group of India’s 11 largest banks including ICICI Bank, Kotak Mahindra Bank, HDFC Bank, Yes Bank, Standard Chartered Bank, RBL Bank, South Indian Bank, and Axis Bank have launched the 1st ever blockchain-linked loan system in the country. This not only guarantees transparency in loan disbursement but also eliminates any communication challenge among the different banks.

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One Nation One Card – Everything You Need to Know

Recently the Prime Minister has launched the indigenously-developed National Common Mobility Card (NCMC).Dubbed as ‘One Nation One Card’, the inter-operable transport card would enable the holders to pay for their travel expenses (bus, metro, railways), toll taxes, parking charges, retail shopping and even withdraw money across the country.This type of system already exists in various developed countries like UK, Singapore, etc. and now it will be used in India too.