Print Friendly, PDF & Email

Bring out the Controversies and issues surrounding independence and misuse of Enforcement Directorate while suggesting ways to address them.

Topic:  Statutory, regulatory and various quasi-judicial bodies.

6. Bring out the Controversies and issues surrounding independence and misuse of Enforcement Directorate while suggesting ways to address them. (250 words)

Reference:  Live Mint

Why this question:

Yes Bank founder Rana Kapoor was recently placed under arrest by the Enforcement Directorate. Thus the question aims to bring out the Controversies and issues surrounding independence and misuse of Enforcement Directorate.

Key demand of the question:

The answer must discuss the Controversies and issues surrounding independence and misuse of Enforcement Directorate and suggest ways to address them.

Structure of the answer:

Introduction:

Briefly explain about ED.

Body:

It is a Multi-Disciplinary Organization mandated with the task of enforcing the provisions of two special fiscal laws – Foreign Exchange Management Act, 1999 (FEMA) and Prevention of Money Laundering Act, 2002 (PMLA). 

Discuss briefly the powers, functions and composition of ED.

Account on the concerns surrounding its functions and misuse of power of the directorate.

Suggest solutions to address the issue.

Conclusion:

Conclude with solutions to overcome the challenges associated and ensure swift functioning of the directorate.