• About us
  • Contact us
  • Our team
  • Terms of Service
Monday, August 3, 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

India approves just 1 Chinese FDI proposal worth Rs 1 cr, 13 Hong Kong proposals worth Rs 610.42 cr

Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gas

PM Modi inaugurates Bhogapuram Airport, says Andhra poised to become manufacturing hub

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

India approves just 1 Chinese FDI proposal worth Rs 1 cr, 13 Hong Kong proposals worth Rs 610.42 cr

India top recipient of Commonwealth FDI: Report
August 2, 2026

  New Delhi:  India approved just one Chinese FDI proposal worth Rs 1 crore, while clearing 13 applications from Hong Kong...

Read moreDetails

Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gas

Petrol price hit highest level under BJP govt, diesel at record high
August 2, 2026

New Delhi: Petrol and diesel sales by India's three state-run fuel retailers rose sharply in July as below-normal monsoon rainfall...

Read moreDetails

PM Modi inaugurates Bhogapuram Airport, says Andhra poised to become manufacturing hub

Nation responds to PM’s call for fuel conservation
August 1, 2026

Visakhapatnam: Highlighting the development potential of Andhra Pradesh, Prime Minister Narendra Modi on Saturday said global companies are exploring opportunities...

Read moreDetails

Commercial LPG prices cut by Rs 192, ATF rates up Rs 5/litre

Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
August 1, 2026

New Delhi: The prices of commercial LPG -- used in establishments such as hotels and restaurants -- were on Saturday...

Read moreDetails

Gross GST mop-up grows 15.4% to over Rs 2.11 lakh cr in July on higher imports, sales

August 1, 2026

New Delhi: Gross GST collections grew 15.4 per cent to over Rs 2.11 lakh crore in July on higher mop-up...

Read moreDetails

Cabinet approves extension of PM-KISAN scheme till FY’31 with outlay of Rs 3.15 lakh crore

Cabinet nod to expand infra, academic capacity of five IITs
August 1, 2026

New Delhi: The government on Friday extended the PM-KISAN scheme for the next five years till 2030-31 with a total...

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.