15 APR | UPSC Current Affairs | GS 2: Prep with Prerana Program & PMLA Adjudicating Authority

Prerana Program

News: Secretary, Department of School Education and Literacy (DoSEL), Ministry of Education virtually addressed the first alumni meeting of the Prerana Program.

Prerana Program: It is an experiential and inspirational learning program for students with the best-in-class technology where heritage meets innovation.

Aim: To offer a meaningful, unique, and inspiring experience to all participants, thereby empowering them with leadership qualities.

Launched By: Department of School Education & Literacy, Ministry of Education, Government of India.

Features:

  • Prerana is a week-long residential program for selected students of class IX to XII.
  • Prerana was started in the pilot phase from 15th January 2024 to 17th February 2024 in the Vernacular school at Vadnagar, Mehsana, Gujarat. The 6th batch will start from 15thย April 2024.
  • The curriculum of Prerana School prepared by IIT Gandhi Nagar is rooted in nine value based themes:
        • Swabhiman and Vinay,
        • Shaurya and Sahas,
        • Parishram and Samarpan,
        • Karuna and Sewa,
        • Vividhta and Ekta,
        • Satyanishtha and Shuchita,
        • Navachar and Jigyasa,
        • Shraddha aur Vishwas, and
        • Swatantrata and Kartavya.
  • The program based on above themes will inspire the youth and foster respect for Bharat’s unity in diversity, embodying the spirit of “Vasudhaiva Kutumbakam“.
  • The day-wise program schedule will feature yoga, mindfulness, and meditation sessions, followed by experiential learning and thematic sessions.

Adjudicating Authority under PMLA

News: The Adjudicating Authority under the Prevention of Money Laundering Act, 2002 confirmed the attachment of assets worth Rs 751.9 crore National Herald newspaper.

Adjudicating Authority:

  • Under section 6 of Preventions of Money Laundering Act, 2002, an Adjudicating Authority is constituted to exercise jurisdiction, powers and authority conferred by the said Act.

Role of Adjudicating Authority :

  • Provisional Attachment under PMLA: Section 5 of the PMLA enables the attachment of any property suspected to be purchased with proceeds of crime related to offenses listed in the law’s schedule.
  • Criteria for Attachment Order: The Enforcement Directorateย (ED) Director can issue an attachment order if they suspect the crime’s proceeds are being concealed, transferred, or managed in a manner that could impede confiscation proceedings.
  • Validity and Confirmation Process: This provisional attachment order is valid for a period of 180 days.
        • It must be confirmed within this time by an Adjudicating Authority appointed by the central government, failing which the property is automatically released from attachment.
  • Accused’s Rights and Property Possession: The accused can continue to enjoy the property until the Adjudicating Authority confirms the attachment, after which the ED has the power to claim possession.

What happens after the Adjudicating Authority confirms the attachment?

  • Appeal Process: The accused has the right to challenge the Adjudicating Authorityโ€™s confirmation order at the PMLAโ€™s Appellate Tribunal within 45 days.
  • High Court Appeal: If the Appellate Tribunal too confirms the order, the accused can file a plea in the High Court.
  • Restriction on Property: Unless the property is released, the owner can’t access it.
  • Confirmation: Following final confirmation, in case of a residential property, the ED will ask the owner to vacate the premises along with his belongings, and will take over possession.
  • Conviction: In case of a conviction, the trial court may order confiscation of the attached property, and vest the rights to the property with the central government.
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