Information About Incident 48274-93611-235647 in Dharwad India

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While Maoists extort nearly INR 3.2 billion every year from Jharkhand, extortion estimates from Maharashtra are somewhere between INR 50 million and INR 250 million.

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Context

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According to a Times of India report, the Communist Party of India-Maoist (CPI-Maoist) extorts industrialists, illegal miners and even poor villagers to raise close to INR 20 billion every year. Police forces in States where the CPI-Maoist has a strong presence concede they do not have the exact earnings of the outfit but say it can rival a mid-size corporate house with an annual turnover upwards of INR 15 billion. Our estimates put the all-India annual collection of the (CPI-Maoist) to be between Rs 1,500 crore and Rs 1,600 crore. We suspect 10% of this is collected from Odisha, an unnamed Senior Police Officer from the State said. The Chhattisgarh Director General of Police Vishwa Ranjan recently said the Maoists make close to INR 20 billion through extortion. He called the figure a guestimate based on seized Maoist cashbooks and other vital papers recovered in recent months. From Bihar the Maoists collect about INR 2 billion every year. While Maoists extort nearly INR 3.2 billion every year from Jharkhand, extortion estimates from Maharashtra are somewhere between INR 50 million and INR 250 million.

Event ID Date Country Storyhead
48274-93611-235647 2/17/2011 India Maoists raise INR 20 billion every year, says report

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Related Incidents

In the same newspaper clipping is further information on the events:

Event ID Date Country Act District
48274-93611-235647 2/17/2011 India attack Dharwad