 Good afternoon sir, good afternoon sir, a very good afternoon to all of you sir. So, are you reading newspapers? Yes. You are, you must be aware of important events which are taking place or have taken place say in the last 6, 7 days. Yes sir. Right? Can you identify some of those events in the, in the national field or in the national field? Sir, one of the most important event is the conflict between CBI and the West Bengal Government which has erupted just now. Yes, but there are much more important issues than this. This is a temporary thing. This is not sort of a great national importance. Talk of national, things of national importance. Sir, the budget. It is only hardly, it is only a political thing. That has so much importance. Sir, the budget which has government. So, budget is not, alright, budget is not important. Sir, the government has notified the 10% quota for economically weaker sections. Alright. And what is the significance of it now? There is a matter pending. Sir, the matter is pending before the Supreme Court. So, therefore it becomes important. The Supreme Court has to give a constitutional interpretation. Yes. Good. What else? Sir, the NRC issue is also pending before the Supreme Court. What is the latest about NRC? What has Supreme Court said? Sir, the Supreme Court has called it the government saying that the government is not able to complete the NRC by the deadline of 31st July, 2018. Very good. Yes, of course. Anything else you can think of? We shall report the Supreme Court. Mind you, these are all matters of current interest or current affairs. Anything important? This is coming before the Supreme Court. Lokpal. Yes, sir. Lokpal. Sir, the appointment of Lokpal has been delayed and... What is the Supreme Court's latest directive? Sir, the Supreme Court has directed the government to appoint the Lokpal as soon as possible. And... As soon as possible. But it has given a deadline. I am sorry, sir. No. You question. Mr. Jain, you know, in the last couple of months, a large number of people have been arrested by the NIA in India, who had been radicalized and supporting the ISIS. Very briefly, can you tell me what has been ISIS all about? Their ideology, their leadership? Sir, ISIS emerged as a revolting movement against Syrian dictatorship, and its aim is to establish an Islamic Caliphate throughout the world. Okay. And who is the leader of this group? Sir, I am not sure. I think it's Abu Bakr al-Baghdadi. Al-Baghdadi, that's right. They have been following a very unique system of recruitment, unlike others. What is the system? What is the primary source of recruitment? Sir, one of their most primary source of recruitment is online. Online, that's right. Online, they have been recruiting and so it's happening in India also. The large number of these people have been radicalized. Now, do you think that the ISIS is a threat to India? Yes, sir. Or could pose a threat? Yes, sir. In what way? Sir, firstly, it can cause terrorist attacks in India through fixed handlers in India. Secondly, it can cause communal divide between our communities by radicalizing the people. Thirdly, it is also exploiting the Jammu and Kashmir issue. They talk of lone wolf attacks. That is one of their methods of terror. What does it mean, lone wolf attacks? Sir, in lone wolf attacks, a single person who usually has been radicalized online doesn't attack like ramming a bus over people or attacking via lights or a gun shootout. That's right. What was the last such terror attack in even Europe or America? Sir, I remember Berlin attack after that. You're right. Okay. Now, there is a project called Project Sagar Mala. Have you heard of that? Yes, sir. What is that? Sir, Sagar Mala aims to leverage our blue economy by constructing several ports across India. Along with the ports, there will be construction of coastal economic zones so that export-oriented FBI can be brought there. Right. Good. You know, in the wake of the Bombay attack, Mumbai attack in 2008, the government had created terrorist attacks. One is the NIA and the other is the National Grid. Are you aware of these organizations? What do they do? Sir, NIA investigates terrorist attacks and inter-security issues. Sir, NAAG Grid is an online mechanism which will collect information from several central agencies and collate it so that the suspected terrorists can be surveyed and terrorist attacks can be filed beforehand. Then what was the NCTC? What is the difference between NCTC and NAAG Grid then? NCTC did not come about. Yes, sir. That NCTC, what is the full form of NCTC? National counter-terrorism center. That was the organization to collate intelligence which did not come about because of issues of federalism, states opposed it. NAAG Grid is basically the data which resides in various silos differently. The railways, reservation data, airlines data, immigration data, income tax, tax credits, use of credit cards, all that is connected and it is available to individual intelligence agencies. That is NAAG Grid. Thank you, sir. So that is the thing. One more question. On this issue of Rohingyas, what is your stand? Do you think that we should allow them to stay in there or not? So my stand is that we should not allow Rohingyas to stay in our country because it poses a national security risk to us as reported by the IB and but in the meantime, until they are deported, we should also ensure that their human rights and dignity are ensured. Thank you. Can you tell us what are the legal and constitutional issues involved in this 10% reservation to economically weaker citizens, which has been challenging so far? Sir, the main legal issue arises from the Indrasani judgment of 1992, which caps the reservation at 50%. Secondly, it has been challenged that reservation as a concept was meant for representation first socially and economically educationally backward, but this criteria does not take that into account. Okay. Did we have reservation for socially and educationally backward classes in our constitution since the beginning or did we insert it through an amendment in article 15? Sir, I just know that we had reservation for SCs and SCs from the beginning. The OBC reservation was in the 1992. Okay. Can you tell us about what happened in what was the judgment in Delhi government versus the LG case, which was reported widely in the media? Yes, sir. Sir, the Supreme Court clearly demarcated the powers between Centre and Delhi. It said that except land, law and order and police, all the matters will become under the jurisdiction of the Delhi government. Thirdly, the left-wing governor is bound by the aid and advice of the government of Delhi. Thirdly, in case of any conflict, the resolution has to go to the president of India. It further suggested both the governments to work in harmony because it said that absolutism as well as anarchy cannot work in a democracy. Okay. Can you tell us about some of the orders by NGT with regard to pollution in Delhi? Sir, one order was that it banned petroleum coke in Delhi. Secondly, it imposed a fine on Delhi government for failing to curb pollution. Anything to do with construction? Okay. Now, can you tell us about, there was a judgment recently on insolvency and bankruptcy code. What was it? Sir, the Supreme Court has upheld the validity of insolvency and bankruptcy code 2016 saying that it helps India to transition from a defaulters' paradise to a place where defaulters face veterans. What was the challenge in that case? Sir, one thing that was challenged was the order of payment of the creditors. So, it said that the financial creditors will be paid before operational creditors. What is diplomatic protection? I beg your pardon sir. Diplomatic protection? Sir, I am not sure about it but I think that under Vienna Convention, I think the diplomats get immunity from arrest and detention. That is diplomatic immunity. Okay. So, you were a member of the NSS and you also worked in the health wing. So, what did you do in this health wing? Ma'am, as a volunteer, we did blood donation camps in association with Red Cross. Then, we ran certain campaigns like Chuppi Toto Bandhub to promote the issue of sanitary napkins for women. Then, we did a campaign like WeScale because we care on Halloween to spread awareness regarding the ill effects of drugs and alcohol. So, when you did this blood donation camp, you also had girls in your college? Yes ma'am. So, what did you find regarding blood donations? Were they anemic or were they okay? Ma'am, I was not there on the ground. Actually, I was part of the marketing team. So, my aim was to collect and spread awareness and to collect as many people as we can. We saw that a lot of girls did blood donation. Okay. Now, recently, there was a study by an international centre on receiving bases in the Himalaya Hindu Ocean. So, how is it going to impact all of us? Firstly, receiving of glaciers will directly impact the water availability and it may create a water crisis. Secondly, it will lead to further global warming and climate change which may also affect the food security of India. The rising heat waves that the climate change will generate may also have health impacts on us. So, what is climate change? We are again and again talking about climate change. Is it only global warming? Climate change basically refers to the long-term transition or change in the climate particularly due to anthropogenic reasons. One of the main things that we have observed in climate change is global warming. So, is anything being done on the international scene to get climate change? Yes, ma'am. Have you had any international conferences? Yes, ma'am. We have signed recently the Paris Climate Change Agreement under the UNHCC. It provides that all the countries should voluntarily give their commitments to reduce their emissions. So, how did they reduce their emissions? Countries have given commitments like reducing emissions by incorporation of solar power, using negative emissions through air forestation, promoting alternative fuels like biofuels. What is carbon sinks? Carbon sinks refer to trees or forests which help in reducing the carbon dioxide by absorbing them. Now, another topic we need because you already talked about pollution. We have a program known as the Namami Ganga. Can you tell me what the components of Namami Ganga are and what exactly is this scheme? And the Namami Ganga scheme aims to clean Ganga. I am not sure of the exact confidence map but it aims to prevent the seamage which is going into Ganga. So, how would we do that? By constructing seedage treatment plants. Secondly, we have related to Swachh Bharat Abhyan. So, the open defecation on the banks of river Ganga has been prevented. The direct industrial ways which leads to going to Ganga has also been related. We also have a task force to maintain the guards and reapply change. That is one of the common components of Swachh Bharat Abhyan Namami Ganga. Yes, ma'am. Have you heard of the interlinking of rivers scheme? Yes, ma'am. What is this project? When the interlinking of rivers aims to resolve the irrigation issue as well as drinking water issue by creating canals between two rivers. So, will there be any environmental factors which will impact all of us? Yes, ma'am. There are certain environmental concerns like it will affect the natural flow favour. Yes. It will lead to diversion of forest land and impact a wildlife habitat. And thirdly, it may impact the aquatic life in the rivers which will not be able to migrate and reproduce. Thank you. You shall be safe. The drink budget was presented on the first of this month. There are apprehensions that some of the proposals might result in announcing the fiscal states. Do you agree on that? Yes, sir. Sir, the government has said that due to the existing schemes, our fiscal exit will be at 3.4 percent in this year as well as the next financial year. Which of the proposals might add to the fiscal stress? Sir, one is the Pradharmatri Kisan Samman Gandhi which aims to provide direct income-based support to our farmers. Secondly, the Pradharmatri Sramyogi Mandhal which aims to provide pension support. And thirdly, the relief and the relaxation in our taxation structure. Okay. Apart from the impact on the fiscal situation, there might be also implementation issues. What kind of implementation problems we have in some of these schemes? I don't refer to the direct tax problem that is basically an ongoing thing. But the other two schemes that might be implementation problems. Yes, sir. Sir, one of the most important problems will be of inclusion and exclusion errors wherein the real beneficiaries may not be able to get the direct support. Secondly, regarding the direct income support the limit is less than two hectares. So it might lead to people fragmenting their land and diverting them on different accounts so as to receive the income which will lead to income support to even the large farmers. Thirdly, it is very difficult to take up the informal workers in the formal economy and it will be difficult to reach out to them and have their pension accounts opened. Okay. What is the trend of tax collections in current year? Sir, as per the entry budget the direct tax collections are going to be around 12 lakh crore rupees. There has been an 80% increase in the tax base regarding GST. The average monthly elections are around 97,100 crore rupees. Are we likely to reach the direct tax collections? Both direct and indirect? Sir. What is the budget? Are you going to estimate? I am not sure. You are not sure. Okay. Angel tax that is in the news. What exactly is an angel tax and why it is in the news? Sir, angel tax is a tax on the excess capital raised by the start-ups in case the income tax department believes that the share price was much more than the fair market value. It has recently been in use because several start-ups have received notices under the angel tax and they are saying that it will impact their capital raising ability. What is going on? Is it utilized by some of the investors? Yes, sir. Sir, the start-ups, many a times income tax department says that the start-ups used are in the form of shell companies. Right. So it is used for money laundering. Last question. We have come down. Your capital preference is Rajasthan. Rajasthan has made good progress in labor law reforms. Are you aware of that? What kind of reforms have been done in the field of labor? So one thing is that the minimum wages, the minimum wages act has been implemented for even the domestic workers and the maids. There is not a big reform. Any other more structural reforms which has impact on the economy? I am sorry. Industry issues act has been amended. Trade unions act has been amended. Contract labor act, factories act has been amended. Okay, sir. Thank you. Rajasthan, you are from Rajasthan? No, sir. I am from there. You talked of Arman Singhs, etc. What are India's NDCs which it has conveyed to UNFCC? Sir, one is that we will reduce our carbon emissions by 33% of the 2005-06 levels. Secondly, we will create additional... By which date? By which year? I am not sure, sir. 2030. That is the top of the year. 2030. Second? Sir, one is that we will create additional carbon sinks in our country. Equivalent to what? I am sorry, sir. I am not aware of the details. 2.5 billion tons to 3 billion tons of carbon dioxide. Thank you, sir. What else? By doing what? So, by a power station. By power station. What else? Third? No. We will increase our share of renewable energy in power generation by 40%. By 2050. Right. Are you done commerce and etc. CSR. Is it legally binding? Yes, sir. How do you say it is legally binding? Sir, under the companies act 2013 the companies which have a turnover of more than 500 crore or net profit of more than 50 crore they are Yes, sir. Sir, you check up on this. They have to share out 2%. 2% of the average net profits of the last 3 years. Yes. Now, I think profit is of how much? 5 crores. How much? 5 crores. I think it is 5 crores. Now, is there a punishment for not doing it? I am sorry. There might be a punishment I think. You have it right. Yes. Has the introduction of the new company law improved corporate governance? Yes, sir. Sir, it has significantly improved corporate governance because firstly it has very strict provisions. No, don't give general. Tell me in what way it has improved? There are more frauds. Fraughts have been disturbed. Malia and Choksi and everyone. Banks are committing frauds. There is an improvement. I don't see. All right. How many people have been punished? Big, big sharks. Tell me. Sir, E Raja has been punished. E Raja is an old thing before this. E Raja is Satyam. Satyam happened before 2013. Don't name E Raja. Yes, sir. I am not allowed to. No, there is a punishment. Tell me. Tell me, one single man who has only been put into jail. Only Supreme Court keeps twisting the tail of Mr. that UBJP. No, he is a Bengali. Subrothor. Subrothor. He is the only one. No. You must have specific information. Where is he? Where has he been? He is totally. Choksi has run away. Yes, Akhil has run away. Malia has run away. I think what happened to that? Those came in Ireland. Those scandals which came out two years ago. In which Amitabh Bachchan also had. Airlines paper. Yes. Nothing is heard of. So where is that improved now? Think of it before you say it has improved a lot. All right. So we close the interview here. I am giving you feedback. First is you have improved a lot since we last, we asked you a lot of questions last time, but this time we asked you different questions. Different questions. So prepare yourself. Even if you prepare all these questions, I think you will have about 30, 40 good questions, which we have asked. Comparing on pure bio data. On constitutional issues, current affairs, financial situation, accountancy, etc. So prepare yourself a lot on this. You will get a lot of help from that, which I have asked you. Yes, sir. Then we didn't ask you on some important thing like basic structure concepts we have. Our policy is federal or unitary, rigid or rigid and visible both. All these things you should check up on this. Then checkups are important like India's budget. Yes, sir. It will give you a lot of help. About this punishment for CSR violation, read article 340, 340, 450, 450. Article 340, 134. 134, 450, 451. I think there is a provision for punishment. It all says that there can be a one-month improvement also, but I am not sure. At least the fine is there. Government of India has already issued a notice to more than a thousand companies for violation of. Sir, regarding the Companies Act question, whether it has been successful, sir, how should I approach this question? Let's see how many frauds are taking place earlier and after this. And then what has been the conviction rate? Sir, if the conviction rate is low, can I say that? You say that cases have been registered, but conviction is still low. But you say that frauds are still taking place, which is a matter of concern. Yes, sir. Which is a fact? It is taking place. Sir, in some questions, I tend to take a pause and then speak. Is it fine, sir? Absolutely. Absolutely. There is no problem. In fact, you should take a pause. If you can't find an answer immediately, you should pause. And if you want, you can ask the board. May I take a few seconds? There is no problem. Thank you, sir. It is not a rapid fire. You know, exchange. It is your ability to analyze nicely. That is what it will be, just, okay? Thank you, sir. Thank you, sir. Thank you. Don't forget to like, share and subscribe to our channel. And press the bell icon to never miss an update.