 Thank you. Issue Agarwal is Dhamtari. There is Dhamtari in Dhamtar. You know that? You have stayed in Dhamtari? Yes, sir. Sir, I have stayed there till my class 12th. And post that I moved to Nagpur to complete my Charter Countries. Then you should know what is Dhamtari in Dhamtar? Sir, may I know in which sector does it matter? Connected with natural resources. Sir, I have to read more about it. I don't know. I have stayed there till my class 12th. What of that? Involving people in the management of forests. So there is a famous Dhamtari model in that Dhamtari area. What is your father's business? Mother's business? Sir, my father is a shopkeeper. And my mother is a homemaker. She also helps. She does not help. Actually, she earns income on deposits. So to fill that up, I had to write there self-occupied. Self-employed, sir. We are in a business setting. Yes, sir. To fill that column. Sir, could I left it blank? How far also can I have money and money? Sir, but it was not... I wasn't able to fill that dialogue box if I couldn't solve it. Tell me what type of shop it is and what is sold? Sir, it's an agency of an FMCG company, sir. What are the products? Sir, the products are like soaps, shampoo and daily use material along with food products. What is the profit level? How much you... At what rate you get from the company and at what rate it is sold? Sir, the margin that we get is about 2%. 2%? Yes, sir. Only 1%? Yes, sir. What is the production? See, it's a turnover-oriented business. The scale relates to the profit. The margin is very less in this. So it's a large-scale turnover? Yes. All set time? Yes, sir. What is the turnover? The turnover is about 150 lakh rupees, sir, near about. Chhattisgarh, I was seeing the newspaper, even the stadium expression, but not a big advertisement, full page. Some Rajiv Gandhi, Yojanas. Can you name four-five Yojanas? Sir, the prominent one of them is Rajiv Gandhi, Nyai Yojana. Under that Nyai Yojana, there are some Yojanas. Sir, it involves a direct payment of Rs. 9000 to farmers if they switch over from Paddy to Militz. Rs. 9000 per acre per year. What for? For switching over from Paddy to Militz. Paddy to Militz, that's okay. Sir, apart from that, there's a famous scheme called Narva-Gurva-Garvabadi. It entails collection of cow dung by SHGs and converting it into manure and vermicompost, and later distributing it amongst farmers for natural farming. Sir, apart from that, there's a scheme which has been recently announced in our budget, which is Rajiv Gandhi Bhoomihar, Kisan Yojana, whereby landless farmers are given Rs. 6000 per year for their additional expenses. Sir, you must be having old-age pensions removed to there. In the state, most of the states are having. Sir, there's a scheme by central government. I'm not sure about the scheme run by state government. So, this amount is other than that? Yes, sir. It's an additional amount. Okay. Then you have some other Tindu Patta scheme. Yes, sir. What is Tindu Patta? Tindu Patta is a leaf which grows on Tindu leaves, Tindu tree, and it is used for BD manufacturing. What is the arrangement of the state government, industrial factories and forest department? Sir, the state government procures these from Tindu collectors at MSP through Trifed, and later it is sold to the contractors who further sell it to BD manufacturers. Profit, there's some profit also. What is done with the profit? Sir, the profit probably flows to the consolidated fund of the state. Profit is distributed among the collectors. Okay. See, there was some news yesterday Kiran Majumdar Saab. He gave some statement regarding Muslim vendors. You got about it? Yes, sir. What is that? Sir, she expressed her apprehensions about rising intolerance in our society, saying that her statement related to an instance where the Karnataka government asked Karnataka government ordered non-Hindu vendors to not be allotted allocated shops near Hindu temples. Do you think this is the right thing? You should have begun like this. Sir, the state should respect the fundamental right of profession of every individual irrespective of the religion he or she belongs to. However, the state may regulate the allocation of state-owned shops, etc. But any such distribution should not be discriminated. How? It should not be discriminated means the shops of Muslims should be there or not there. Sir, it should be there in my opinion. I will say that the Muslim areas where the Masjids are there, like Hindus don't come there, Christians don't come there, later on the Muslims there, Christian area, later on the Christians are there. So that will take care of sentiments of those communities also. Can you go down like this? No, sir, I don't think this is the right approach. Because, first of all, it contravenes Article 19-1 of our constitution, which empowers everybody to run a profession. The government is hearing that to everybody, Hindus they are doing here, Muslims they are doing here, Christians they are doing here. Sir, how about this? Can you go down? Sir, I am not aware about the exact legalities of it, but on the moral ground. Okay, these members of parliament, they have quotas, different quotas for petrol pump quota, this quota, that quota. But Kendra Vidyalaya is also their quota. That if somebody of their constituency approaches a member of parliament, he can get admission in Kendra Vidyalaya. But quota is very small. Minis Thilwari, do you heard of him? Yes, sir. Member of parliament, he put up a submission in the Lok Sabha that his quota is there, it's very small and we are representing large section, lakhs of people and many requests come and if you are not able to entertain, they get annoyed with us. Either you increase the quota or do I read the quota? What are your views on that? You support this statement or you don't support? Sir, I think the quota should be done away with, because no matter how much the quota is increased, there always be somebody whose demand would not be catered to. So instead of giving quotas to MP, I think a better approach should be to try to increase the number of seats itself and allot the seats on the basis of merit. Just four or five changes made by this government in budget in the last eight years. In the budget of last eight years? Budget, budget, presentation and other things. So the first and foremost thing is the separation of railway budget from the main budget has been done away with. So secondly, the limit for FRBM Act, which limits the fiscal deficit, has been increased. So? Sir, thirdly, the distinction between plan and non-plan expenditure. One measure? Sir, the government has increased the disclosure has started disclosing the off-budget expenditure also, which earlier it used to get the funds through PSPs. Sir, for instance, the loan by FCI Food Corporation of India was earlier not reflected in the budget. Government? Any other date of presentation of budget? Yes, sir. It has been earlier, made earlier. FMCG as your mother is, parents are running the FMCG shop. What's the full form of FMCG? Ma'am, it's fast moving consumer goods. Okay. Can you name some big FMCG companies in India? Ma'am, ITC, Patanjali, Hindustan Unilever. These are the few that I know. So what is the prospect of Indian FMCG companies with respect to foreign companies and how are they growing now? Ma'am, India's economy is majorly driven by consumer expenditure. FMCG products form a major portion of it. So it shows that a market, a vast market exists. Recently, Indian corporates, companies like Patanjali have been doing pretty well, giving head-to-head competition to external players like Hindustan Unilever. So I think there exists a great market for them to capture. But will the companies be able to compete with companies like Unilever, especially when we talk about the quality of the product, the packaging, logistic? So what is your view on that? Ma'am, recently there has been a push towards Aatnir Bhattavada government and the citizens have shown their affinity towards Indian manufactured as well as Indian goods, which pertain to the Indian taste to quote the example of Patanjali itself. Though the company is not more than 5 years old, it holds around 20% of the FMCG market currently. Do you eat Maggi? I don't know. If Patanjali has a Maggi and you have a Maggi available, which one would you prefer? Ma'am, honestly, I do eat Patanjali Aata Maggi. Why? Why Patanjali? Because of the taste, because of the Aatnubhara thing that you are an Indian. No ma'am, I like the taste more than Maggi. So it's because of the taste and not because of those emotions. But why and large, what do you think? Because you are an exception here, but why and large, why do you think that what would be the consumer, how would the consumer behave? Is it only on the basis of emotion or is it because of the product quality, the packaging, the presentation? Ma'am, the packaging, the taste and the quality plays a major role in this rather than the emotions. You also mentioned about paddy too millets, that there is a scheme in which the farmers are encouraged to convert their crops from paddy to millets. Why do you think there is a need for that? Ma'am, the economy of our state is agricultural driven and that too is overly dependent upon paddy. Paddy itself, paddy requires a huge amount of irrigation and that is unsustainable in the long run because the irrigation is mainly dependent upon tube wells. So the government is promoting the cultivation of Kodokutki which is a local form of millet which does not require such great amount of irrigation and it is also more nutritious as compared to paddy. Okay. Second December, the birthday time is seen and this is also an international day, there is an international day which we observe on 2nd of December. Do you know that? Which one is that? Ma'am, it is an international day for evolution of slavery. So what was the theme this time? Ma'am, I am not aware of it. It was racism. So with respect to racism, where do you see India? Where does India stand? Is India a racist country according to you? Ma'am, India is home to four of the major races of the world and the very fact that we have been living in harmony for so many years I think it attest to the fact that we are not a racist country person. Is it linked with our caste system somehow? Ma'am, there was attempt to relate casteism to racism as well by the earlier anthropologists but it has been proven now that the racial distinction amongst caste based on the breadth of their nose, colour, etc. does not hold good in Indian context. Okay. Who got Padma Purushan award this time? One of the, you can just name one of the recipients for Padma Purushan. Ma'am, I will have to read more on this. You were the GK. I just read that you won the GK competition. Yes, ma'am. Yeah, so that's expecting this. And Padma Sri, do you remember that or not that also? Ma'am, Baladevi footballer from Manipur, she's been accorded Padma Sri this year. And from Haryana, anyone? No worries. Corporate governance. So how many, can you name some important committees which are there in corporate governance? Ma'am, Sushil Chandra committee, Uday Kuttak committee and Kumar Mangalam committee. Okay. And in a company, in a public limited company, how many committees are there usually? Ma'am, in a public limited company, there's no compulsion as such of appointing any committee. If the company is listed or crosses a certain threshold, then audit committee, remuneration committee, appointment committee as well as whistleblower committee are required to be appointed. Okay. What is the difference between PLC and LLC? Ma'am, these two companies. These two are types of corporate companies. Full form of PLC. Private limited company. And LLC. Limited liability company. What is the difference? Ma'am, I'll have to read more of it. Okay. So my next question was, if you would have told me, I would have asked the next question, but right now I'm done. So you mean 16 years you have got your CA? Otherwise not only people do become or BA, I don't know, and then do CA for four or five years. So this is a good arrangement. Not to me, there is an international system of reporting. We were trying to adopt that. Where are we today? Sir, in adoption of international financial reporting standards, the Ministry of Corporate Affairs has notified India, which is an abbreviation for Indian accounting standards, which seeks to converge the IFRS or international financial reporting standards with the prevalent accounting standards in our country. Yeah, that's the intention. But you don't have the Basel 3, Basel 2 and all that. So where are we? Basel 2 only? There are different levels, right? Are you aware? Sir, in my knowledge, Basel 2 and 3 relates to banking operations. Correct. Still, other regulators are in that, but you must be aware of it. Yes. Banking is bulked up your job. Yes, sir. So where are we? So we are currently in Basel 2. Basel 3 was due to be adopted. To be adopted, not yet. Not yet. Now, I'm asking you this because we had the great PRB scandal, the Punjab National Bank. What exactly happened in the PNB case? You recall? So the PNB case or the Neeram Modi scam, in that the accused, Mr. Neeram Modi, used to get a letter of credit from the Punjab National Bank and based on that, he used to get a credit letter of guarantee. There's a difference. If it's a letter of credit, there's no problem. You see, you'll see if it is there, it's 100% safe. It's a letter of guarantee, not credit. So please, you should get this note. There's a lot of guarantee in there. I'm sorry, sir. Okay, go on. And then? So then he used to get it discounted by foreign banks and in lieu of that, he used to get funds. But however, later it was proved that those letters of guarantee were issued to him despite him not having securities on the required creditworthiness. So there must have been a whole lot of standard of the content involved in all this, right? At some stage, directly, indirectly, whatever it is. So what is the... I mean, can I say, standard of the content are being very unfitful? They are only taxing. Can I say that? Sir, every profession has certain black ships, but to... But it's a large number. The amount involved and the various agencies involved is not a very small thing. Look at Satyam case also, PWC. Very well known. That's something very disturbing, no? It is. These institutions are standing. Yes. Anyway, it doesn't mean that you should worry about it. Now, how do you have long order in Chhattisgarh? I mean, insurgency type. Andhra has been able to control the next door. Well, Chhattisgarh, the problems are so severe. What is the difference? Andhra, what have they done? You are aware of it? Yes. What have they done? Sir, they've run an operation called Operation Green Hunt, which is... It's like Canada, they've formed. Yes, sir. Sir, it was complimented by a too-long approach of development in the area and fighting the propaganda war. So through this, they were able to control the problem of Nuxillism to great extent. However, to the great misfortune of our state, this problem has not been solved yet in our state. That's what I'm wondering why they are next door, no? What is the problem? Why it can't be adopted? Sir, the problem... The reason behind this can be... So firstly, the Maoists who were targeted there eloped and got sheltered in the Dandkaren area of our state to the south of Buster. So apart from that, the topography is as such that it makes it very difficult for the CAPF as well as local police to launch an action against the Nuxillites. And also apart from that, the area has not been charted yet. So the police and the CAPF do not know the exact locations of the commanders and the hierarchical means of the left-wing extremists. And so apart from that, it is very difficult to distinguish the local tribals from those involved in extremism. So it creates a problem in identifying and targeting them. Good. Now, the strategy is good for the LA part of Madhya Pradesh, right? Yes. There is a card out of there. You think because of this, strategy can progress much faster than otherwise? Yes, sir. Strategy can progress much faster after... So your advice will be to buy for kid states wherever necessary? Sir, it has to be on... It has to be on... It has to be on Bundelkhand, in UP. 7-8 districts are Bundelkhand. They are lagging ahead. So you think we should think of separating from Bundelkhand? In the state? Sir, I think the primary criteria for separation should be the will of the people. If the people are willing to get separated and the necessary condition of lack of development exists, then surely this project can be... You think there will be doubt in that? Willingness of the people, information of separation. Anyway, that is all right. Now, budget, you recall budget, recent budget. There are certain announcements in the budget in that ease of living. Can you mention one or two specific steps in the budget which will make our life easier? Common man or people paying tax or whatever it is. What exactly are those provisions? Sir, can I have a moment together? Please, take your time. Okay, let me help you. Suppose in terms of assessment, is there anything in the budget which will make our life easy when it comes to assessment by income tax abutions and all that? Yes. What is that? Sir, the provision for faceless assessment has been made? Faceless. This is great, no? Other unnecessary query, you go, appointment. So that's a great relief, right? Yes. Anything else you can take off? Sir, apart from that, so in field of starting business, the budget provides for a single single portal for applying for all the forest clearance. Single window. Single window clearance, yes. That's a better word. Yes. Which country is not? That's good. Now also, in the income taxing, when you find the return, even the almost complete information they have, so infusion is going to be much easier for all of us, isn't it? Yes, sir. Even if you go abroad, everything, every all transaction, everything gets, because of the link of PAN and Aadhaar and all that, right? Yes, sir. So they will have all the information. So to that extent, the credits will be less for us, isn't it? Yes, sir. But these are very good tips. Thank you. Are you following the political developments which are taking place in Pakistan? Yes, sir. What is going on? Sir, the Pakistani government is due to face a no confidence motion, which is believed, which it is believed that it is not going to pass. So that's a major development. Confidence to pass or going to pass? Confidence motion or no confidence? Which is, it is going to lose the no confidence motion, sir. Tell us, is Narayan Khan going to be there or not? He's not going to be there, sir. He loses his post. He loses his post. Yes, sir, that's what it says. The opposition will leave, when they have no confidence motion. Yes, sir. So the no confidence motion is passed or the confidence motion is not passed. Where is the difference between the two? Minus 6. How does it impact India? Sir, recently there have been certain steps like the ceasefire agreement along with the mature handling of the missile incident that occurred last month. So it shows that the probably the trajectory was on the right path. But going to this if this dismissal of the government causes instability in Pakistan, then it may cause concern for India, sir. Both the things are done by army. Army decided it. There's nothing decided about the government. I think also army decided it. The ceasefire also army decided it. Okay, guys. What is happening with labour law? Any changes which have been made or any changes which have been proposed? Sir, four new labour courts were enacted by the parliament in 2020. However, the rules pertaining to them have not been notified as of yet. Why it has not been notified? Sir, there has been opposition from the trade unions as well as trade unions as well as the working section of our society. So to that due to that the government has not gone forward with it. Tell me something about your district, Dhamtiri. So Dhamtiri is a Dhamtiri falls at the centre of rice of bowl of Chhattisgarh. It's a major petty producer of our state. But it connects to Raipur and to its south it connects to Odisha and Dhamtiri is also known as the gateway to Bastar. It's also a Naxal affected area, district and economy majorly relies on agriculture. What has been the success of security forces in Chhattisgarh? How has Naxalism has it reduced in the last few years ? So Naxalism has reduced to a great extent in last few years as the MHA has stated that the severely affected districts in Chhattisgarh have reduced from 11 to 7 in the past 8 years. Some changes have also been proposed in the ICI. Are you following that? What are the changes? Sir the parliament has passed an amendment to Chartered Accountants Act whereby the disciplinary committee under the SAID Act has been reconstituted. What is the formation now and what are the changes? So earlier the committee had a majority of Chartered Accountants but now the parliament has enacted that the majority would be of non-chartered accountants. Sir I think it's a right step. Why? Sir lately our profession has been facing the criticism of not acting against the against the our fellow Chartered Accountants who have been complicit in corruption and other cases. So I think it would reinstate the prestige of our profession as well as put to put those those miscreants to their rights. So the amendments also taught to ICI and CNAI last question You didn't do graduation at all or distance learning or nothing? Sir I have become graduate from Igno but Chartered Accountant is a qualification which is accepted by UPSC so based on that.