Q: Elaborate about the White Collar Crime in India ?

Ans:  White Collar Crime in India : 

The Serious Fraud Investigation Office ('SFIO') which is located at Delhi and it is an organisation established under the aegis of the Ministry of Corporate Affairs ('MCA')  with a view to investigation and prosecution of white-collar crimes. The SFIO was constituted in July 2003 by following the recommendations of the commitee called Naresh Chandra Committee.
The CBI, which was established under the Delhi Special Police Establishment Act, 1946, is responsible for the investigation of complex crimes, comprising white-collar offences, typically in cases involving the Prevention of Corruption Act, 1988 (PCA) or the cases of public importance.
According to the report of Business Standard on 22.11. 2016 , entitled "The Dynamics of government and White-collar Crime in India", stating that, over the past decade, the Central Bureau of Investigation (CBI) has found 6 533 corruption cases of registration and out of which 517 were only registered in the past two years.
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