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Bill mooted to recognise financial scams, cyber crimes as organised crimes
Updated On: 16 November, 2023 04:35 PM IST | Delhi | mid-day online correspondent
Indian lawmakers have proposed a criminal law amendment to include various crimes like financial scams, cyber crimes, contract killing under organised crimes
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Indian Parliamentary panel has lauded a proposed criminal law amendment which aims to bring various crimes like financial scams, cyber crimes, vehicle theft, contract killing and Ponzi schemes under the umbrella of organised crime, stated an agency report. The amendment suggests stringent punishments, such as life imprisonment or the death penalty, for such offences, particularly if they result in a person`s death.
The Parliament`s Standing Committee on Home Affairs, led by Bharatiya Janata Party MP Brijlal, highlighted the inadequacy of the existing laws in tackling severe offences like kidnapping, land grabbing contract killing, extortion as many major financial scams and human trafficking. The panel, lauding the proposed additions to punishment said that they are "very effective addition".
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