
3 Things
The Catch Up - 28 February
Feb 28, 2025
This week covers Delhi’s staggering Rs 2,002 crore loss linked to a controversial excise policy fraught with corruption allegations. The fallout has led to high-profile arrests within the AAP party. Additionally, India’s abstention from UN votes regarding the Russia-Ukraine conflict is discussed, highlighting its delicate diplomatic stance. The podcast also touches on the government's opposition to lifetime bans for convicted politicians, suggesting a contentious debate about electoral integrity.
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Quick takeaways
- The Delhi government's flawed excise policy led to a staggering loss of Rs 2,002 crore, highlighting governance failures in financial management.
- India's abstention from voting on UN resolutions regarding the Russia-Ukraine conflict reflects its nuanced diplomatic stance and neutrality in international relations.
Deep dives
Delhi Government's Financial Losses
The Delhi government incurred a significant financial loss of 2,200 crore rupees due to its flawed excise policy for 2021 and 2022, which has since been scrapped. This policy was intended to dismantle monopolies and promote fair liquor distribution while preventing bootlegging. However, it was retracted following corruption allegations that led to the arrests of prominent AAP leaders, including former Chief Minister Arvind Kejriwal. The comptroller and auditor general's recent assembly report underscored these financial setbacks, highlighting the implications of governance failures.
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