
3 Things
The Catch Up: 25 February
Feb 25, 2025
In a gripping discussion, the hosts unveil a staggering Rs 2,002 crore loss suffered by the Delhi Government due to a controversial excise policy, which was marred by corruption scandals. They illuminate the life sentence handed to former Congress MP Sajjan Kumar for his heinous role in the 1984 anti-Sikh riots. Additionally, the U.S. imposes sanctions on several India-based companies linked to Iranian oil trade, raising eyebrows about international relations and domestic repercussions.
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Quick takeaways
- The Delhi government's flawed excise policy led to Rs 2,002 crore losses, prompting corruption investigations and high-profile arrests.
- US sanctions on India-based companies over Iranian oil trade highlight the complexities of global trade relations and national economic interests.
Deep dives
Delhi Government's Financial Losses Due to Excise Policy
The Delhi government faced significant financial losses totaling Rs 2,002 crore due to its flawed excise policy for 2021-2022, which has since been scrapped. Originally, this policy aimed to eliminate monopolies, promote fair liquor distribution, and prevent bootlegging. However, it was withdrawn following corruption allegations, leading to the arrests of high-profile leaders from the Aam Aadmi Party, including the then-Chief Minister and Deputy Chief Minister. The Comptroller and Auditor General reported these losses in a recent review, underscoring the financial mismanagement tied to the controversial policy.
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