![]() Financial Daily from THE HINDU group of publications Tuesday, Jan 28, 2003 |
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Industry & Economy
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Economic Offences Plan for Sessions Courts to tackle white-collar crimes Our Bureau
HYDERABAD, Jan. 27 WHITE-collar offences, especially cheatings, breach of trust and counterfeit have registered a significant growth in the economic reforms-driven Andhra Pradesh during April December, 2002. While cheating cases rose to 4,203 against 2,962 (41.90 per cent) during April-December 2001, breach of trust went up to 677 against 432 (56/71 per cent) and counterfeit cases marginally grew to 121 from 103 (17.48 per cent) during the comparative periods. In view of this steady increase in `white-collar' offences, the State Police Department plans to secure an exclusive Sessions Courts for trying economical and other important cases of the Criminal Investigation Department (CID) during the financial year 2003-04. Another initiative proposed is to constitute four special teams of the CID to investigate cases related to banks, NBFC (which have seen lots of problems during the current year), homicides and cyber crimes, according to the Draft Performance Budget for 2003-04 released by the department for debate recently. The proposed budget estimates for 2003-04, however has seen a slight scaling down to Rs 9,751.54 lakh against Rs 9,979 lakh for the current fiscal. While setting out plans to strengthen its computerisation, communication infrastructure and help in speeding up conviction rates, the department has laid attention on traffic management. The alarming rise in road accidents and increase in casualty figures and the concurrent spurt in vehicles on the road have put pressure on the department's role. A total of 33,929 traffic accidents (9,318 dead and 46,605 injured) against 28,567 (8,192 dead and 37,396 injured) during 2001 gives an indication of the seriousness of the problem. In addition to streamlining traffic, improving highway patrolling, the department plans to utilise the expected Rs 6 crore collection through user charges for buying traffic signals, painting roads and equipping police with modern communication equipment. eCops, the cyber initiative would be expanded and the use of information technology in the functioning of the department activity would be increase, the budget document said along with a claim that the overall crime situation was better.
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