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Hrishikesh RajendraAIR 61

Question 1GS2GS2

मनी लॉन्ड्रिंग के अपराध और विदेशी मुद्रा कानूनों के उल्लंघन की जांच में प्रवर्तन निदेशालय द्वारा निभाई गई भूमिका पर चर्चा कीजिए। Discuss the role played by the Directorate of Enforcement in the investigation of offence of money-laundering and violations of foreign exchange laws. (Answer in 150 words)

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Main Body

Directorate of Enforcement is a premier financial investigation agency of India under Ministry of Finance.

Role in money laundering and foreign exchange laws:-

1Implementing agency for Fugitives of Economic Offence Act (FEOA) and hence coordinates for action of economic fugitives.
2Has power to attach and seize properties in case of financial crimes.
3Implementing of agency for Prevention of Money Laundering Act (PMLA), 2002.
4Has power to investigate flow of foreign accounts under Foreign Exchange Management Act (FEMA).
5Coordinates with international agencies such as Interpol etc.

Cp: Nishan Chakker case.

Issues:

1. Politicization of office to stifle opposition.

2. Concern over loss of autonomy (2010-2020) due to change in tenure here have been 9 chairpersons.

Government must ensure that ED does not become a tool in political game. It must be provided with capabilities for safety restoration & conviction in cases.

— Hrishikesh Rajendra · AIR 61

145 words11 paragraphs
Examiner score
1.1/10

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Topper

Hrishikesh Rajendra

AIR 61

Subject & Paper

GS2GS2

Topic

Executive, Judiciary, Ministries and Pressure Groups

Ministries and Departments

Directorate of Enforcement

Writing Stats

145

Total words

11

Paragraphs

Linked PYQ

The Chairman of Bharat Missiles Ltd (BML) was watching a program on TV wherein the Prime Minister was addressing the nation on the necessity of developing a self-reliant India. He subconsciously nodded in agreement and smiled to himself as he mentally reviewed BML’s journey in the past two decades. BML had admirably progressed from producing first generation anti-tank guided missiles (ATGMS) to designing and producing state of the art ATGM weapon systems that would be the envy of any army. He sighed in reconciliation with his assumptions that the government would probably not alter the status quo of a ban on export of military weaponry. To his surprise, the very next day he got a telephone call from the Director General, Ministry of Defence, asking him to discuss the modalities of increasing BML production of ATGMS as there is a possibility of exporting the same to a friendly foreign country. The Director General wanted the Chairman to discuss the details with his staff at Delhi next week. Two days later, at a press conference, the Defence Minister stated that he aims to double the current weapons export levels within five years. This would give an impetus to financing the development and manufacture of indigenous weapons in the country. He also stated that all indigenous arms manufacturing nations have a very good record of international arms trade. As Chairman of BML, what are your views on the following points? As an arms exporter of a responsible nation like India, what are the ethical issues involved arms trade? List five ethical factors that would influence the decision to sell arms to foreign governments.

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