Finance Ministry has invited suggestions from all stakeholders on the draft Fugitive Economic Offenders Bill, 2017. <br/><br/>The proposed legislation seeks to deal with spectre of high-value economic offenders absconding from India to defy the legal process seriously undermining the rule of law. <br/><br/>In this year's budget Finance Minister had announced that government is considering introduction of legislative changes or even bringing a new law to confiscate the assets of such absconders to force them to submit to the jurisdiction of legal forum.<br/><br/>The government has prepared a draft law and has uploaded it on the website of Department of Economic Affairs. <br/><br/>Comments and suggestions can be sent through e-mail to parveen.k63@gov.in by 3rd of next month. Hard copy of the comments can also be sent to the Ministry of Finance, North Block, New Delhi.