ED files FEMA case against BBC India
New Delhi (PTI): The Enforcement Directorate has registered a FEMA case against news broadcaster BBC India for foreign exchange violations, official sources said Thursday.
The federal probe agency has also called for documents and the recording of statements of some company executives under provisions of the Foreign Exchange Management Act (FEMA), they said.
The probe is essentially looking at purported foreign direct investment (FDI) violations by the company, they said.
The moves comes in the backdrop of the Income-Tax department surveying BBC office premises in Delhi in February.
The Central Board of Direct Taxes (CBDT), the administrative body for the I-T department, had then said the income and profits shown by various BBC group entities were "not commensurate" with the scale of their operations in India and tax has not been paid on certain remittances by its foreign entities.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Karnataka tanks hold strong water storage: Minister Boseraju
Bengaluru (PTI): Karnataka Minister N S Boseraju on Tuesday said that minor irrigation tanks across the state are holding good water storage levels, with the 3,788 tanks under the department’s jurisdiction providing life-sustaining water to a large agricultural command area of approximately 4,45,009 hectares.
In a statement, the Minister for Minor Irrigation, Boseraju, said that according to the latest data released by the department, a vast majority of the 3,788 minor irrigation tanks in the state have maintained good water levels.
Detailing the storage status, the report said that even in peak summer, 165 tanks are full.
Additionally, 1,355 tanks have retained more than 51 per cent capacity, 1,143 tanks have water levels up to 50 per cent, and 959 tanks are at roughly 30 per cent storage capacity.
District-wise, Davanagere leads the state in water storage, with 27 tanks remaining full even during summer. Chikkamagaluru follows closely with 46 full tanks, indicating strong water retention.
Other top-performing districts include Hassan, Tumakuru, and Kolar.
Boseraju, who also holds the portfolio of Science and Technology, said 1,184 tanks are being actively filled through 145 tank-filling lift irrigation projects under the Minor Irrigation Department.
He attributed the strong water retention to good monsoon rainfall and effective water management strategies of the government.
“It is encouraging to see such a substantial volume of water stored across our minor irrigation tanks by the end of March, remaining largely intact even as summer progresses. The fact that 1,355 tanks are nearly full and 165 tanks are brimming is a testament to the success of our tank-filling programmes and rejuvenation initiatives,” he said.
“By ensuring a continuous flow of water to these tanks through lift irrigation projects across departments, as well as supplying treated and surface water to the Bayaluseeme districts, we have taken proactive measures to prevent them from drying out during the summer,” the minister said.
According to him, these data points confirm that efforts to build a water-secure Karnataka are yielding strong results at the grassroots level.
“This water wealth preserved in our tanks will bring direct benefits to lakhs of farmers across the 4,45,009-hectare command area,” he added.
