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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

India hits back at Shehbaz Sharif at UN, says terror will have consequences

India hit back at Pakistan Prime Minister Shehbaz Sharif’s UN speech, with New Delhi warning that terrorism will have consequences.

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India has responded to Pakistan Prime Minister Shehbaz Sharif’s remarks at the United Nations, delivering a strong message on terrorism and warning that such actions will have consequences.

The response came after Mr Sharif addressed the UN and raised issues concerning India and Pakistan. New Delhi rejected the narrative presented by the Pakistani prime minister and highlighted the issue of terrorism.

India’s message was delivered by Petal Gehlot, who represented New Delhi in the response to Pakistan.

India warns Pakistan over terrorism

India’s response focused on Pakistan’s record and its approach towards terrorism. New Delhi made clear that terrorism cannot be separated from its consequences and that those responsible cannot expect such actions to go unanswered.

The Indian side also pushed back against the claims and allegations made by Mr Sharif during his UN speech.

The exchange comes amid continuing tensions between India and Pakistan, with terrorism remaining a major point of disagreement between the two countries.

Shehbaz Sharif’s UN remarks

In his address, Pakistan Prime Minister Shehbaz Sharif spoke about India-Pakistan relations and raised several issues concerning New Delhi.

India subsequently exercised its right of reply to respond to Pakistan’s statements at the United Nations.

New Delhi’s response underlined its position that terrorism remains a serious issue in the relationship and that there would be consequences for terrorist actions.

The latest exchange at the UN adds to the continuing diplomatic confrontation between the two neighbouring countries.

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Veeramani POCSO case: Vijay questions Stalin over earlier probe

Tamil Nadu Chief Minister Vijay has questioned MK Stalin over the handling of the Veeramani POCSO case, while Stalin has rejected allegations that the previous DMK government protected anyone.

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Actor Vijay

Tamil Nadu Chief Minister and Tamilaga Vettri Kazhagam (TVK) president C Joseph Vijay has questioned DMK president MK Stalin over the handling of the POCSO case involving Gem Granites founder R Veeramani. The political exchange follows renewed investigation into allegations involving minor girls.

Vijay’s remarks came as the ruling TVK stepped up its questions about how the case was handled during the previous DMK government. The party’s IT wing has alleged that the earlier investigation was weakened and questioned why a final report was filed.

The allegations have been rejected by the DMK. Stalin has said that no order was issued by the DMK government to protect anyone in the case and has called the allegations false and defamatory.

What did Vijay say about the Veeramani case?

Vijay questioned Stalin over the handling of the case and demanded an explanation from the former chief minister.

The TVK has specifically questioned why action was not taken against Veeramani during the previous administration and why the earlier investigation resulted in a closure report.

The party has also raised questions about the role of officials involved in the earlier investigation. These are political allegations made by the TVK and have not been established as facts.

What is the Veeramani POCSO case?

The case concerns allegations of sexual abuse of minors involving R Veeramani, the founder of Gem Granites.

The case came under renewed scrutiny after a special POCSO court rejected an earlier closure report and ordered further investigation. The expanded probe has subsequently identified additional alleged survivors who were minors at the time of the alleged offences, according to current reporting.

The investigation is also examining the circumstances surrounding the earlier probe and whether there were any lapses in how the case was handled.

What has MK Stalin said?

Stalin has rejected allegations that the previous DMK government protected Veeramani.

He has said that no order was issued by the DMK government to shield anyone in the case. Stalin has also said that everyone responsible for the alleged offences, including anyone who aided or attempted to protect the accused, should face the law.

The DMK president has further said that the focus should remain on securing justice for the affected girls rather than making political allegations.

Why has the case become a political issue?

The Veeramani case has become the subject of a political dispute between the ruling TVK and the DMK over the handling of the earlier investigation.

The TVK is questioning the previous government’s handling of the case, while the DMK has denied that it intervened to protect the accused.

At this stage, claims about political interference or deliberate weakening of the earlier investigation should be treated as allegations unless established by the ongoing investigation or judicial proceedings.

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Women wrestlers challenge Brij Bhushan’s acquittal in sexual harassment case

Four women wrestlers have challenged the acquittal of former WFI chief Brij Bhushan Sharan Singh and co-accused Vinod Tomar in a sexual harassment case.

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Brij Bhushan Sharan Singh

Four women wrestlers have approached a Delhi court challenging the acquittal of former Wrestling Federation of India (WFI) chief and BJP leader Brij Bhushan Sharan Singh in a sexual harassment case.

The wrestlers have also challenged the acquittal of co-accused Vinod Tomar. The matter is scheduled to be heard by a Special Judge at the Rouse Avenue Courts.

The appeal challenges the order passed by an Additional Chief Judicial Magistrate on August 3, 2026, when Brij Bhushan and Tomar were acquitted in the case.

Wrestlers challenge court’s reasoning

In their appeal, the wrestlers have argued that the acquittal order is legally unsustainable and that the evidence was not assessed appropriately.

They have also alleged that the order relied on assumptions about how victims of sexual assault and harassment were expected to behave instead of assessing the evidence and circumstances of the complainants.

The challenge seeks judicial scrutiny of the findings that resulted in the acquittal of Brij Bhushan and Tomar.

Brij Bhushan was acquitted in August

The Rouse Avenue court acquitted Brij Bhushan Sharan Singh on August 3 in the sexual harassment case involving women wrestlers. The court’s decision followed consideration of the evidence and statements presented during the proceedings.

The case had emerged after several women wrestlers accused the former WFI chief of sexual harassment. The allegations had led to a major protest by wrestlers in 2023.

The latest appeal means the acquittal is now being challenged before a higher court.

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