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Brain behind demonetisation, Hasmukh Adhia is now finance secretary

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Brain behind demonetisation, Hasmukh Adhia is now finance secretary

APN’s sister-concern India Legal had predicted in its October 16 edition that revenue secretary Hasmukh Adhia will be appointed as the next finance secretary

His recent absence from the corridors of power following his comments over the need for a “complete overhaul” of the Goods and Services Tax (GST) regime may have led to speculation over him falling out of favour with Prime Minister Narendra Modi but contrary to rumours, Hasmukh Adhia, credited as the brain behind the idea of demonetisation, is back with a bang.

The revenue secretary who was reportedly tasked by the Prime Minister to go beyond his remit and be the government’s troubleshooter on the issues arising out of demonetisation, and later the GST rollout, has finally been rewarded. The 1981-batch IAS officer from the Gujarat cadre was, on Monday evening, designated as the new finance secretary.

APN’s sister-concern, India Legal, had in the Delhi Durbar column of its October 16 edition predicted that Adhia, “the government’s star performer in calming the nerves of India Inc., in the light of prevailing economic tailwinds”, was set to be appointed as the next finance secretary.

Click here: Delhi Durbar

With Adhia’s elevation as the seniormost bureaucrat in the finance ministry, the Modi government’s team for Union Budget 2018-19 is now said to be complete. His elevation also comes at a time when it is largely rumoured that Prime Minister Narendra Modi could announce a major economic reform – with the stated goal of curbing black money circulation – over the next few days. The reform, rumoured to be a stringent law against benami properties, would be Modi’s second strike against supposed hoarders of illicit wealth after his demonetisation move.

Curiously, more than finance minister Arun Jaitley, it has been Adhia who proactively engaged with the media, India Inc. and other stakeholders in repeatedly explaining the government’s often contentious economic reforms agenda – especially the much criticised demonetisation move and the controversial GST rollout.

The new finance secretary may not necessarily share a personal rapport with his Executive boss – finance minister Jaitley – but in the power circles of New Delhi, the Gujarat cadre bureaucrat is known to have the ear of the Prime Minister. Adhia had served as Principal Secretary to Narendra Modi from 2003-06, when he was the chief minister of Gujarat.

It is widely believed that Modi’s politically polarising demonetisation decision – which is set to complete its first anniversary on Wednesday – was a brainchild of Adhia and that, as revenue secretary, he had also led a small team that oversaw the process that led to the flushing out of old Rs 500 and Rs 1,000 currency notes – a staggering 86 per cent of the currency in circulation till November 8, 2016 – from the Indian economy.

As secretary to the department of financial services, it was Adhia who spearheaded the Centre’s Indradhanush scheme for recapitalision of public sector banks and banking reforms.

Adhia takes over as finance secretary from Ashok Lavasa who had retired on October 31.

India News

Parliament winter session: Government lists 15 bills, including Waqf bill

The session will kick off on November 25 and conclude on December 20.

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The government has listed five new ones and one to amend the contentious Waqf law out of 15 bills for the winter session of Parliament. The session will kick off on November 25 and conclude on December 20.

The government has introduced five new bills, including the Coastal Shipping Bill, 2024, which aims to promote coasting trade and increase the participation of Indian-flagged vessels owned and operated by Indian citizens for both national security and commercial purposes.

Another significant legislation that will be introduced by the government is the Indian Ports Bill, 2024. This bill is designed to implement measures for the conservation of ports, enhance security, and manage pollution, ensuring compliance with India’s international obligations and statutory requirements.

Additionally, the government plans to introduce the Merchant Shipping Bill, 2024, which aims to meet India’s obligations under maritime treaties and support the development of Indian shipping while ensuring the efficient operation of the Indian mercantile marine in a way that serves national interests.

Pending legislation includes the Waqf (Amendment) Bill, which is awaiting consideration and passage after the joint committee of both Houses submits its report to the Lok Sabha. The committee is expected to report by the end of the first week of the winter session.

Currently, there are eight bills, including the Waqf (Amendment) Bill and the Mussalman Wakf (Repeal) Bill, pending in the Lok Sabha, while two additional bills are in the Rajya Sabha.

Furthermore, the government has also listed the Punjab Courts (Amendment) Bill for introduction, consideration, and passage, which seeks to increase the pecuniary appellate jurisdiction of Delhi district courts from Rs 3 lakh to Rs 20 lakh.

The Merchant Shipping Bill, along with the Coastal Shipping Bill and the Indian Ports Bill, is slated for introduction and eventual passage.

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International Criminal Court issues arrest warrant against Israel PM Benjamin Netanyahu over war crimes

The court accused Prime Minister Netanyahu and Defence Minister Gallant of crimes against humanity, including murder, persecution, inhumane acts, and the war crime of starvation as a method of warfare.

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International Criminal Court issues arrest warrant against Israel PM Benjamin Netanyahu over war crimes

The International Criminal Court (ICC) today issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defence Minister Yoav Gallant over alleged war crimes and crimes against humanity.

The court accused Prime Minister Netanyahu and Defence Minister Gallant of crimes against humanity, including murder, persecution, inhumane acts, and the war crime of starvation as a method of warfare. The leaders allegedly restricted essential supplies such as food, water, and medical aid to civilians in Gaza, resulting in severe humanitarian crises and deaths, including among children.

Last year in October, Israel had launched attacks on Gaza in retaliation for the surprise attack by Hamas. The Israel-Hamas war has led to the death of thousands of civilians, while lakhs have been displaced. The major infrastructures in Gaza, including hospitals and schools, were also destroyed as Israel vowed to wipe out Hamas.

The International Criminal Court stated that it found reasonable grounds to believe the accused intentionally targeted civilians and limited medical supplies, forcing unsafe medical procedures, which caused immense suffering. This ruling was based on the findings from at least October 8, 2023 until at least May 20, 2024.

The court remarked that it has assessed that there are reasonable grounds to believe that PM Netanyahu and Defence Minister Gallant bear criminal responsibility as civilian superiors for the war crime of intentionally directing attacks against the civilian population of Gaza.

Furthermore, it also noted that the lack of food, water, electricity and fuel, and medical supplies created conditions of life calculated to bring about the destruction of part of the civilian population in Gaza, leading to death of civilians, including children due to malnutrition and dehydration.

Additionally, the International Criminal Court dismissed two challenges by Israel against its jurisdiction in the situation in the State of Palestine.

Notably, Israel had contested the ICC’s jurisdiction, claiming it could not be exercised without Israel’s consent. Nonetheless, the Chamber ruled that the Court has jurisdiction based on Palestine’s territorial scope, including Gaza, the West Bank, and East Jerusalem. It further noted that Israel’s objections were premature, as jurisdictional challenges under the Rome Statute can only be made after an arrest warrant is issued.

Reportedly, Israel had also requested a fresh notification regarding the investigation, started in 2021. Denying the request, the court stated that Israel had earlier declined to request a deferral, making additional notifications unnecessary.

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Yogi Adityanath accords tax-free status to Sabarmati Report film in Uttar Pradesh

Earlier, Prime Minister Narendra Modi and Home Minister Amit Shah have also praised this film.

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Uttar Pradesh Chief Minister Yogi Adityanath on Thursday accorded a tax-free status to ‘The Sabarmati Report’ film, based on the train burning incident at Godhra in Gujarat in 2002, in the state.

The announcement was made after Chief Minister Adityanath attended the screening of Vikrant Massey and Raashii Khanna-starrer ‘The Sabarmati Report’ in Lucknow with the film’s cast.  

Speaking to reporters, actor Vikrant Massey thanked the Uttar Pradesh Chief Minister for making ‘The Sabarmati Report’ film tax-free in the state. “I want to thank Yogi Adityanath ji. This is an important film and I appeal to everyone to go and watch this film,” he said.

Chief Minister Adityanath along with many of his cabinet colleagues watched the film ‘The Sabarmati Report’ under a special screening at a cinema hall in the capital, said a spokesperson of the state government.

Several people associated with the film unit were also present on the occasion. Later the chief minister announced to make this film tax-free in UP.

The BJP-ruled states have been praising the makers of The Sabarmati Report, claiming the team has tried to bring out this truth in front of the people of the country through the film.

The saffron party is appealing to people to watch this film and try to get closer to the truth of Godhra.

Uttar Pradesh becomes the sixth BJP-ruled state after Haryana, Rajasthan, Chhattisgarh, Madhya Pradesh and Gujarat to declare lead actors Vikrant Massey and Raashii Khanna’s film tax-free.

Adityanath said along with identifying the faces of those who are conspiring against the country for political gains, there is also a need to expose them. The film team has discharged its responsibilities to expose the truth, he said, adding an attempt has been made to bring the real truth in front of the country in a big way through the film.

The Sabarmati Report is said to be based on the incident of setting fire to a train full of ‘karsevaks’ in Godhra on February 27, 2002, killing 90 devotees. After this incident, communal riots broke out in Gujarat. Earlier, Prime Minister Narendra Modi and Home Minister Amit Shah have also praised this film.

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