• About us
  • Contact us
  • Our team
  • Terms of Service
Thursday, April 2, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Govt sets up multi-disciplinary group to choke Naxal funds

Press Trust of india by Press Trust of india
May 8, 2018
in BUSINESS
A A
0
FacebookTwitterWhatsapp

New Delhi, May 7 : Government has set up a multi-disciplinary group to initiate action to choke funding sources of Naxals and to seize assets of their leaders, officials said today.

The group comprises officers from various central agencies and the state police departments, a home ministry official said.

More News

FCRA amendment sparks row; Oppn flags minority rights concerns, BJP cites national security

Centre says adequate supply of seeds, pesticides for Kharif sowing; asks states to check hoarding

Conflicts hit global supply chains, India strengthening its role as reliable semiconductor supplier: Modi

Load More

It is headed by an additional secretary and has representatives from the Intelligence Bureau, Enforcement Directorate, Directorate of Revenue Intelligence, NIA and the CBDT (Central Board of Direct Taxes) and the CBI, as also state intelligence departments and CID, the official added.

The home ministry has also initiated the process for creating a separate vertical in the NIA (National Intelligence Agency) for investigating important cases pertaining to the Left Wing Extremism (LWE).

The move follows information about a large part of extortion money allegedly collected by Naxals getting diverted towards personal wealth of their leaders, the officials said. It has been often alleged that the Naxal leaders’ children avail best of education and their families live in comfort, while they mislead cadres toiling away in jungles.

According to officials, the LWE movement in the country is financed through a large network of dubious activities, which include illegal levy collected from private contractors including those involved in execution of government works and schemes, mining contractors, transporters and owners of small and medium industries.

Similarly, funds are said to be garnered through collections from illegal stone crushing and distribution of Naxal ideology papers.

Investigations have revealed that one Pradyuman Sharma, member of Bihar-Jharkhand special area committee of the CPI (Maoists) paid Rs 22 lakh towards fees for admission of his niece in a private medical college last year.

Another member of the CPI (Maoists), Sandeep Yadav, gave Rs 15 lakh for exchange during the demonetisation, officials said.

Yadav’s His daughter studied in a reputed private institute and son is studying in a private engineering college, another official said.

Similarly, another senior leader Arvind Yadav paid Rs 12 lakh towards fees for his brother to study in a private engineering college.

The ED has registered cases against these four individuals under the Prevention of Money Laundering Act, attached properties worth Rs 1.5 crore and 32 acres land, seized Rs 2.45 crore in cash, including Rs 1 crore during demonetisation, the official said.

Previous Post

A post-colonial reckoning: on the Windrush scandal

Next Post

PHQ, other move police offices resume functioning

Press Trust of india

Press Trust of india

Related Posts

FCRA amendment sparks row; Oppn flags minority rights concerns, BJP cites national security

Govt introduces women’s reservation bill in Lok Sabha
April 1, 2026

New Delhi: The Foreign Contribution (Regulation) Amendment Bill, 2026, saw a sharp political divide on Wednesday, with the BJP defending...

Read moreDetails

Centre says adequate supply of seeds, pesticides for Kharif sowing; asks states to check hoarding

Centre plans permanent framework for weather advisory units for farmers shut last year
April 1, 2026

New Delhi: The Centre on Wednesday asserted that the country has an adequate supply of seeds and agro-chemicals for the...

Read moreDetails

Conflicts hit global supply chains, India strengthening its role as reliable semiconductor supplier: Modi

India a step closer to realising first human space flight programme: PM
March 31, 2026

Sanand (Gujarat):  Prime Minister Narendra Modi on Tuesday said the 21st Century has brought several challenges and global supply chains...

Read moreDetails

‘False, fabricated’: Rijiju slams oppn over claims on FCRA amendment Bill

Naga talks followed up with utmost sincerity: Rijiju
March 31, 2026

New Delhi:  Union minister Kiren Rijiju on Tuesday asserted that the FCRA amendment Bill only seeks to stop the use...

Read moreDetails

Rescind FCRA amendments in interest of Constitutional morality: CPI(M)

March 31, 2026

New Delhi: The CPI(M) on Monday demanded the rescinding of the Foreign Contribution (Regulation) Amendment Bill, 2026, in the interest...

Read moreDetails

LS passes insolvency law amendments; FM says bill will help maximise value for stakeholders

FM announces high-level panel on Banking for Viksit Bharat; PFC, REC restructuring
March 30, 2026

New Delhi: The Lok Sabha on Monday passed a bill to amend the insolvency law to provide for strict timelines,...

Read moreDetails
Next Post
PHQ, other move police offices resume functioning

PHQ, other move police offices resume functioning

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.