India, June 21 -- Under the Fugitive Economic Offender Act, if an economic offender flees the country to avoid the due process, he/she can be declared a fugitive economic offender and their properties can be confiscated. Nirav Modi and Vijay Mallya have been declared as economic offenders. Their property, including art collections and cars, were auctioned off to recover part of their debt.

To overcome the drawbacks in GST implementation, the Central Government has taken up corrective measures to bring the scheme back to rails. The GST Council, formed with the states having a two-third vote and the Centre a one-third vote, is a rare example of cooperative federalism. Where the government faltered was its implementation. It has since reali...