​Pandora’s box: The Hindu Editorial on the electoral bonds scheme, emerging details
8 months, 1 week ago

​Pandora’s box: The Hindu Editorial on the electoral bonds scheme, emerging details

The Hindu  

In the last month or so, ever since the State Bank of India was compelled by the Supreme Court of India to release information on donations via electoral bonds to political parties, emerging details have only confirmed the worst fears of naysayers in regulatory and policy-making institutions about the scheme before it was introduced by the Bharatiya Janata Party -led government in 2018. Loss-making companies were donating substantial sums; profit-making firms were making donations exceeding their aggregate profits; some donor firms were not reporting data on net profits or direct taxes; some newly incorporated firms were making donations before the stipulated three-year period — the list of the rule-breaking and suspect sources of funding is significantly large. Were donor firms that made significant profits — but did not pay net direct taxes in aggregate for a significantly long period — engaged in tax evasion? With the polity in India busy campaigning for the general election, it is up to the electorate to assess the effects of the electoral bonds scheme.

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History of this topic

Electoral bonds: SC to hear plea seeking SIT probe
5 months ago

Electoral bonds: SC to hear plea seeking SIT probe

The Hindu  

Chief Justice of India D.Y. Chandrachud on July 19, 2024, said a petition seeking the constitution of a Special Investigation Team to probe each and every instance of quid pro quo, corruption, and kickbacks revealed through the disclosure of details of the electoral bonds would be listed for hearing on July 22. The petition submitted that some of the country’s …

INTERVIEW | ‘Regional parties a key factor in many states,’ says Sukhbir Singh Badal
8 months ago

INTERVIEW | ‘Regional parties a key factor in many states,’ says Sukhbir Singh Badal

New Indian Express  

Q: What’s your take on the electoral bonds issue? Q: The INDIA bloc has been accusing the BJP of trying to crush opposition by misusing central agencies, your take on it? The Congress, which heads the INDIA alliance, is responsible not only for attacking Sri Darbar Sahib with tanks and mortars, but is also responsible for the genocide of Sikhs …

Nirmala Sitharaman hints at bringing in a political funding framework that will be acceptable to all
8 months ago

Nirmala Sitharaman hints at bringing in a political funding framework that will be acceptable to all

Live Mint  

Union Finance Minister Nirmala Sitharaman has hinted at the posibility of bringing back the electoral bonds scheme after proper consultation with stakeholders if voted to power. While speaking to HindustanTimes, she said, “We still have to do a lot of consultation with stakeholders and see what is it that we have to do to make or bring in a framework …

Electoral bonds will be back after consultations: Finance Minister Nirmala Sitharaman
8 months ago

Electoral bonds will be back after consultations: Finance Minister Nirmala Sitharaman

Hindustan Times  

The Bharatiya Janata Party intends to bring back electoral bonds in some form after wide consultations will all stakeholders if it is elected back to power in the 2024 general elections, Union finance minister Nirmala Sitharaman said on Friday, reposing her faith in the controversial political funding scheme that was scrapped by the Supreme Court in February but admitting that …

WATCH | Electoral bond not poll issue; people understand intent was to ensure clean money coming to politics: Tejasvi Surya
8 months ago

WATCH | Electoral bond not poll issue; people understand intent was to ensure clean money coming to politics: Tejasvi Surya

The Hindu  

Tejasvi Surya, incumbent MP from Bengaluru South, who is recontesting, made a pit stop to savour lunch at a BJP worker’s house in Koramangala. Secondly, we increased the deposit insurance amount from ₹50,000 to ₹5 lakh and made sure money was credited to the depositors’ account within 90 days. Because people understand that the intent behind the electoral bond was …

Amit Shah's challenge to Rahul Gandhi on electoral bonds: ‘Accept you extorted as well’
8 months ago

Amit Shah's challenge to Rahul Gandhi on electoral bonds: ‘Accept you extorted as well’

Hindustan Times  

Union home minister Amit Shah has challenged Rahul Gandhi to accept that the Congress, too, “extorted” money through the now -scrapped electoral bonds, as he responded to the latter's repeated description of the scheme as “the world's biggest extortion scheme” and Prime Minister Narendra Modi as the “champion of corruption.” Union home minister Amit Shah “Their parties have also received …

Karnataka: Rahul Gandhi terms electoral bonds ‘biggest extortion scam’
8 months ago

Karnataka: Rahul Gandhi terms electoral bonds ‘biggest extortion scam’

Hindustan Times  

Senior Congress leader Rahul Gandhi on Wednesday attacked Prime Minister Narendra Modi calling electoral bonds the “biggest extortion scam in the country”. However, Gandhi characterised electoral bonds as India’s largest scam, likening them to an extortion scheme run by “petty, goon elements.” Addressing a public rally in Mandya district as part of the ongoing Lok Sabha election campaign, the Congress …

Electoral bonds country’s biggest corruption scandal: Rahul Gandhi in Karnataka
8 months, 1 week ago

Electoral bonds country’s biggest corruption scandal: Rahul Gandhi in Karnataka

Hindustan Times  

Mandya: Calling the electoral bonds the biggest extortion scam in the country, Congress leader Rahul Gandhi on Wednesday said that prime minister Narendra Modi’s hands were shivering when he was asked about the controversial bonds. However, Gandhi characterised electoral bonds as India’s largest scam, likening them to an extortion scheme run by “petty, goonda elements.” “When he was talking about …

Electoral Bonds Biggest Extortion Scam, Alleges Rahul Gandhi
8 months, 1 week ago

Electoral Bonds Biggest Extortion Scam, Alleges Rahul Gandhi

Deccan Chronicle  

Bengaluru: Congress leader Rahul Gandhi on Wednesday termed the electoral bonds as a “biggest extortion scam” where donations were collected by way of threats and money has been allegedly looted by the Bharatiya Janata Party holding reins at the Centre. “Usually, petty goons engage in issuing threats and loot money and in ordinary language, it is called as an extortion,” …

Rahul calls electoral bonds world’s biggest ‘extortion scheme’, attacks Modi
8 months, 1 week ago

Rahul calls electoral bonds world’s biggest ‘extortion scheme’, attacks Modi

Hindustan Times  

Member of Parliament Rahul Gandhi on Wednesday called the now-scrapped electoral bonds the world’s biggest “extortion scheme” and Prime Minister Narendra Modi a “champion of corruption” as the Congress leader addressed a press conference with Samajwadi Party chief Akhilesh Yadav in Ghaziabad, which is due to go to the polls on April 26 in the second phase of national polls. …

PM Modi justifying poll bond despite verdict: Sanjay Singh
8 months, 1 week ago

PM Modi justifying poll bond despite verdict: Sanjay Singh

New Indian Express  

NEW DELHI: Despite the Supreme Court declaring them unconstitutional and illegal, Prime Minister Modi is going out of his way to justify the electoral bonds, AAP Rajya Sabha MP Sanjay Singh alleged on Tuesday. Singh said that in an interview to a TV news channel, Modi openly supported the corruption indulged in by the BJP through electoral bonds. The BJP …

PM Modi Opens Up On Electoral Bonds, His Intervention Amid Russia-Ukraine War, And More
8 months, 1 week ago

PM Modi Opens Up On Electoral Bonds, His Intervention Amid Russia-Ukraine War, And More

ABP News  

In the run-up to the Lok Sabha Election 2024, Prime Minister Narendra Modi has spoken about electoral bonds, his intervention amid the Russia-Ukraine war, the Ram Temple inauguration, the Santana Dharma row, and more while also hitting out at the Opposition including the Congress and the Dravida Munnetra Kazhagam. PM Modi On His Intervention Amid Russia-Ukraine War, 'Santana Dharma' Row, …

PM Modi details 'Vision 2047', hits back at Opposition on ED raids, Electoral bonds issue | DETAILS
8 months, 1 week ago

PM Modi details 'Vision 2047', hits back at Opposition on ED raids, Electoral bonds issue | DETAILS

India TV News  

PM Modi interview: Prime Minister Narendra Modi has said that he has "big plans" for the country upon his return to the office after the Lok Sabha elections 2024, and assured that nobody needs to be "scared" of his decisions. PM Modi on 'One Nation, One Election' PM Modi reiterated his government's commitment to 'One Nation, One Election' idea, as …

Electoral bonds data: 20 firms bought electoral bonds within 3 years of incorporation, despite 3-year rule
8 months, 2 weeks ago

Electoral bonds data: 20 firms bought electoral bonds within 3 years of incorporation, despite 3-year rule

The Hindu  

Despite companies in existence for less than three years not being allowed to make political contributions — even through the electoral bonds route — data shows that at least 20 such newly incorporated firms purchased poll bonds worth about ₹103 crore. Notably, many of these firms were started in 2019 when the Indian economy went through recession or during the …

Electoral Bonds Case: Company electoral bonds purchases exceed 7.5% cap by ₹1,377.9 crore in 2022-24 | Data
8 months, 2 weeks ago

Electoral Bonds Case: Company electoral bonds purchases exceed 7.5% cap by ₹1,377.9 crore in 2022-24 | Data

The Hindu  

The Supreme Court’s February 15 verdict on electoral bonds had held the deletion of a provision contained in Section 182 of the Companies Act, 2013, which enabled unlimited corporate contributions to political parties as “violative of Article 14 of the Indian constitution”. Based on an analysis, the electoral bond data relating to 385 companies that had donated bonds totalling ₹5,362.2 …

Jairam Ramesh says nation paid price for BJP’s compulsion to get donations at all costs
8 months, 2 weeks ago

Jairam Ramesh says nation paid price for BJP’s compulsion to get donations at all costs

The Hindu  

The Congress on April 4 alleged that the nation has had to pay a price as the BJP’s “compulsion” to get donations at all costs prompted the government to come up with the electoral bond scheme despite the Reserve Bank of India’s advice against it. Congress General Secretary Jairam Ramesh made these remarks on The Hindu news report on Thursday …

Electoral Bonds: 33 loss-making firms donated electoral bonds worth ₹582 crore, 75% went to BJP | Data
8 months, 3 weeks ago

Electoral Bonds: 33 loss-making firms donated electoral bonds worth ₹582 crore, 75% went to BJP | Data

The Hindu  

The sources of funds of at least 45 companies that donated electoral bonds to various political parties are found to be suspect based on a joint analysis by The Hindu and an independent research team. Electoral bonds data | Many pharma companies that bought electoral bonds faced regulatory actions Six companies donated a total of ₹646 crore, out of which …

Fund trail possible due to electoral bonds, shortcomings could be improved: PM Modi
8 months, 3 weeks ago

Fund trail possible due to electoral bonds, shortcomings could be improved: PM Modi

The Hindu  

Prime Minister Narendra Modi on March 31 rejected the suggestion that the electoral bond issue caused a setback to his government, saying no system is perfect and any shortcoming could be improved upon. The prime minister said it is due to the electoral bond system put in by his government that the sources of funding and its beneficiaries could be …

Those criticising electoral bonds will soon regret, says PM Modi
8 months, 3 weeks ago

Those criticising electoral bonds will soon regret, says PM Modi

Hindustan Times  

Prime Minister Narendra Modi on Sunday said those criticising the use of electoral bonds will “soon regret it” as the now-scrapped scheme provided details on the source of funding to political parties. Besides electoral bonds, PM Narendra Modi also spoke on the severing of ties between the BJP and AIADMK in Tamil Nadu and termed the development a latter’s “loss” …

'Modi brought electoral bonds and so today you know...' PM says no scheme perfect
8 months, 3 weeks ago

'Modi brought electoral bonds and so today you know...' PM says no scheme perfect

Hindustan Times  

Prime Minister Narendra Modi said he brought electoral bonds and hence the source of the funding is known today. Modi came up with electoral bonds and so today you know who funded how much to whom," PM Modi said. Earlier, Union home minister Amit Shah expressed a similar opinion that instead of completely scrapping the electoral bonds scheme, it should …

Bonds, big money and an imperfect democracy
8 months, 3 weeks ago

Bonds, big money and an imperfect democracy

The Hindu  

The electoral bonds scheme that has been declared unconstitutional by the Supreme Court of India, was supposed to end the financing of elections with black money. In effect, the electoral bonds scheme was only an additional avenue for funds that political parties received. Cronyism uncovered Even though the electoral bonds formed a fraction of the total funding requirement of political …

Did the electoral bonds scheme enable extortion?
8 months, 3 weeks ago

Did the electoral bonds scheme enable extortion?

The Hindu  

Many companies that faced regulatory action from the Enforcement Directorate or Income Tax Department donated electoral bonds worth crores of rupees to ruling parties, show data submitted by the State Bank of India to the Election Commission of India. Was the electoral bonds scheme used as an extortion tool? Guests: Subhash Chandra Garg, former Finance and Economic Affairs Secretary, Government …

Did the electoral bonds scheme enable extortion?
8 months, 3 weeks ago

Did the electoral bonds scheme enable extortion?

The Hindu  

Many companies that faced regulatory action from the Enforcement Directorate or Income Tax Department donated electoral bonds worth crores of rupees to ruling parties, show data submitted by the State Bank of India to the Election Commission of India. Was the electoral bonds scheme used as an extortion tool?Subhash Chandra Garg and Anjali Bhardwaj discuss this question in a conversation …

’Electoral bond issue not only biggest scam in India but...,’ FM Nirmala Sitharaman’s economist husband says
8 months, 3 weeks ago

’Electoral bond issue not only biggest scam in India but...,’ FM Nirmala Sitharaman’s economist husband says

Live Mint  

Renowned economist Parakala Prabhakar has projected that the "electoral bond issue" will cost the ruling Bharatiya Janata Party heavily. Prabhakar, the husband of Union Finance Minister Nirmala Sitharaman, told news channel Reporter TV, "The electoral bond issue will gain much more momentum than what it is today. The BJP received the maximum funds via electoral bonds at ₹6,986.5 crore between …

DC Edit | Only probe can establish facts of murky poll bond sales
8 months, 3 weeks ago

DC Edit | Only probe can establish facts of murky poll bond sales

Deccan Chronicle  

The Supreme Court of India struck down the electoral bond scheme finding it violative of the citizen’s fundamental right to information under Article 19 of the Constitution. The information that has reached the public domain after the State Bank of India, which executed the scheme, handed it over to the Election Commission of India on the orders of the court …

Sordid scheme: The Hindu Editorial on the electoral bond scheme, electoral financing
8 months, 4 weeks ago

Sordid scheme: The Hindu Editorial on the electoral bond scheme, electoral financing

The Hindu  

Following the Supreme Court of India-ordered release of the final tranche of data from the State Bank of India, it has now been possible to get a nearly complete picture of electoral financing, which was once an opaque route. The SBI had to release data of the unique numbers for electoral bonds purchased by corporate and individual donors and later …

India Reveals Biggest Donors to Modi’s Party Under Now-Banned Electoral Bond
8 months, 4 weeks ago

India Reveals Biggest Donors to Modi’s Party Under Now-Banned Electoral Bond

Live Mint  

-- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Megha Engineering and Infrastructures Ltd. was the largest donor to Prime Minister Narendra Modi’s Bharatiya Janata Party over the past five years, purchasing about 6.7 billion rupees of electoral bonds, …

Electoral bonds are ‘post-raid’ bribes to BJP-led government: Jairam Ramesh
9 months ago

Electoral bonds are ‘post-raid’ bribes to BJP-led government: Jairam Ramesh

Hindustan Times  

New Delhi: Senior Congress leader and MP Jairam Ramesh on Saturday said that the electoral bonds are “pre-paid”, “post-paid” and “post-raid” bribes, through which the central government had given Rs.3.8 lakh crore in projects and contracts to private companies in exchange for Rs.2,004 crore in donations to the Bharatiya Janata Party. In its 2019 manifesto, the Congress promised to scrap …

Activists seek SC-monitored probe into electoral bonds
9 months ago

Activists seek SC-monitored probe into electoral bonds

The Hindu  

A day after the entire data on electoral bonds were made public, activists and petitioners said on Friday that an independent Special Investigation Team should be formed to probe all aspects of the now-scrapped scheme. Claiming that electoral bonds had emerged as the biggest scam of Independent India, lawyer Prashant Bhushan said at a press conference: “There were no money …

Satire | Bias against electoral bonds
9 months ago

Satire | Bias against electoral bonds

The Hindu  

The electoral bond, like yoga and zero, is one of the great innovations of Indic genius — it’s our gift to human civilisation. As the cop gaped at him, Wife quipped from the backseat, “Don’t let him leave India until he buys electoral bonds.” “Both of you, stop it!” I said. Seriously, it’s appalling to find all kinds of busybodies …

Electoral bonds: Who were big donors for ruling BJP? | Check complete data HERE
9 months ago

Electoral bonds: Who were big donors for ruling BJP? | Check complete data HERE

India TV News  

Electoral bonds: The Election Commission of India on Thursday published the complete electoral bond data submitted by the State Bank of India on the orders of the Supreme Court. The Bharatiya Janata Party, the biggest beneficiary of electoral bonds with donations worth over Rs 6,000 crore in the last four years of the scheme, got funds from several corporates and …

BJP got 84% of electoral bonds bought by top 10 individuals
9 months ago

BJP got 84% of electoral bonds bought by top 10 individuals

Hindustan Times  

The top 10 individual donors bought electoral bonds worth ₹180.2 crore between April 12, 2019 and January 11, 2024, and of this, ₹152.2 crore or 84.5% was donated to the Bharatiya Janata Party, according to the latest tranche of data released by the Election Commission on Thursday. The top donor, ArcelorMittal’s chairperson Lakshmi Niwas Mittal, bought bonds worth ₹35 crore, …

Electoral bonds: Donor-party link public after SC push
9 months ago

Electoral bonds: Donor-party link public after SC push

Hindustan Times  

The Election Commission of India on Thursday released State Bank of India data listing the unique serial number linked with each electoral bond and other details about beneficiaries and donors, allowing the matching purchasers of bonds with the political parties that received the funds. Under the 2018 EB scheme — which was quashed by a Constitution bench of the Supreme …

Electoral bonds full data | Companies under ED, I-T scanner donated poll bonds to BJP, BRS, Congress
9 months ago

Electoral bonds full data | Companies under ED, I-T scanner donated poll bonds to BJP, BRS, Congress

The Hindu  

Many companies that faced regulatory action in the past five years have all donated electoral bonds to the Bharatiya Janata Party in some measure, data released by the Election Commission to comply with the orders of the Supreme Court show. Micro Labs purchased electoral bonds worth ₹16 crore in all, of which ₹7 crore went to the Sikkim Krantikari Morcha, …

Electoral bonds: ‘Lottery king’ top donor for Opposition, BJP got most from this firm
9 months ago

Electoral bonds: ‘Lottery king’ top donor for Opposition, BJP got most from this firm

Hindustan Times  

The Election Commission of India complied with a Supreme Court order on Thursday by releasing detailed electoral bond data submitted by the State Bank of India. Megha Engineering and Infrastructure Limited donated electoral bonds worth ₹670 crores to the BJP since April 2019. Qwik Supply Chain, an affiliate of Mukesh Ambani's Reliance group, contributed ₹375 to the BJP through electoral …

Electoral Bonds case | SBI confirms to Supreme Court its ‘complete disclosure’ of electoral bonds data
9 months ago

Electoral Bonds case | SBI confirms to Supreme Court its ‘complete disclosure’ of electoral bonds data

The Hindu  

The State Bank of India on Thursday informed the Supreme Court that it has made a “complete disclosure” of all the details regarding the purchase and encashment of electoral bonds in its possession and custody to the Election Commission of India for publication on its official website. In an affidavit, SBI chairman Dinesh Kumar Khara said that the information shared …

India’s voters deserve a bond — of probity
9 months ago

India’s voters deserve a bond — of probity

The Hindu  

There are a few basic tenets of good laws and public policies: lack of ambiguity, enforceability, predictability, and accountability. As a solution, the Finance Minister proposed a reform, the EBS, which “will bring about greater transparency and accountability in political funding, while preventing future generation of black money”. However, the real twist in the tale is that according to Section …

Electoral Bonds Misinformation Debunked: From 'Pak Funding' Myths To Politicians Twisting Data
9 months ago

Electoral Bonds Misinformation Debunked: From 'Pak Funding' Myths To Politicians Twisting Data

ABP News  

A Google search for Hub Power Company in India directed us to a Delhi-based enterprise registered in 2018 as a proprietorship on the official Goods and Service Tax website. SII's Rs 52 crore donation via 'electoral bonds' Another viral post on social media claimed that the Pune-based vaccine manufacturer Serum Institute of India donated over Rs 50 crore to the …

Electoral bonds: Infosys, BIOCON, Megha Engineering among top donors to JD(S)
9 months ago

Electoral bonds: Infosys, BIOCON, Megha Engineering among top donors to JD(S)

Hindustan Times  

HD Deve Gowda-led Janata Dal received donations from corporate giants including Infosys, BIOCON, Embassy Group and JSW Steel via electoral bonds between March 20, 2018 to April 18, 2023, the party's submission to the Election Commission had stated. The JD, which received donations worth ₹89.75 crore received via electoral bonds, was among the political parties which shared details of donors. …

Mother of Democracy? Electoral Bonds are the Annihilation of Democratic Values
9 months ago

Mother of Democracy? Electoral Bonds are the Annihilation of Democratic Values

The Quint  

Fresh data on the purchase patterns of electoral bonds emerged over the weekend. According to an investigation by The Quint, “The new figures revealed that the Bharatiya Janata Party received Rs 2,658.35 crore in electoral bonds between 9 March 2018 and 11 April 2019. The Congress party received Rs 530.1 crore, Trinamool Congress got Rs 97.28 crore, and the Biju …

Electoral Bonds: IT majors such as Infosys, Cyient and Zensar on list of donors
9 months ago

Electoral Bonds: IT majors such as Infosys, Cyient and Zensar on list of donors

Live Mint  

Electoral Bonds: Information technology and engineering services companies, including Infosys, Cyient, and Zensar Technologies, have been identified as donors to political parties through the electoral bonds scheme, as per data released on March 17 by the Election Commission of India. Party-wise list of funding through EBS made public on March 17 — The Bharatiya Janata Party encashed electoral bonds totalling …

Election commission data shows 15 prominent corporate figures bought electoral bonds: Report
9 months ago

Election commission data shows 15 prominent corporate figures bought electoral bonds: Report

Hindustan Times  

The Election Commission of India's disclosure of electoral bonds data indicates that a total of 333 individuals bought bonds amounting to ₹358.91 crore between April 2019 and January 2024, The Indian Express reported. The Election Commission released data received from political parties on electoral bonds, which it had given to the Supreme Court in sealed covers. Here is the list …

Propagandists target BJP over Electoral Bonds, ignore Opposition parties benefiting from same
9 months ago

Propagandists target BJP over Electoral Bonds, ignore Opposition parties benefiting from same

Op India  

As the 2024 Lok Sabha Elections are approaching, the issue of political donations via electoral bonds has surged to the forefront. Days before the General Elections’ dates were announced, the Supreme Court directed the Election Commission of India to publish all the details of donors and political parties that received donations via electoral bonds. Furthermore, regional parties like DMK and …

Pradhan Mantri Hafta Vasuli Yojana | Congress' swipe at government over electoral bonds issue
9 months ago

Pradhan Mantri Hafta Vasuli Yojana | Congress' swipe at government over electoral bonds issue

The Hindu  

Stepping up its attack on the Centre over the electoral bonds issue, the Congress on March 18 accused the Modi government of "hafta vasuli" and claimed that 21 firms facing investigations from the CBI, Enforcement Directorate or I-T have donated through electoral bonds. Supreme Court directs SBI to disclose all electoral bonds details by March 21 “On November 10, 2022, …

ECI uploads more data on bonds till November 2023
9 months ago

ECI uploads more data on bonds till November 2023

Hindustan Times  

The Election Commission of India on Sunday uploaded all electoral bond-related documents that it received from political parties in 2019 and November 2023 in sealed covers, which it had subsequently submitted to the Supreme Court. Between April 12, 2019 and February 15, 2024, VM Salgaocar and Brother bought bonds worth ₹1.5 crore while an associated company, VM Salgaocar Corporation Private …

Electoral bonds case highlights: RJD, JD(U) trade charges over EB scheme
9 months ago

Electoral bonds case highlights: RJD, JD(U) trade charges over EB scheme

Hindustan Times  

Electoral bonds case highlights: The Supreme Court on Monday heard a case regarding the State Bank of India disclosing the "unique serial numbers" of electoral bonds. Under the now-defunct 2018 Electoral Bond scheme, each bond is marked with a unique serial number, which could aid in monitoring their issuance and redemption and tracing them back to the purchaser. Expressing disapproval, …

Electoral bonds: A key poll plank for anti-BJP forces
9 months ago

Electoral bonds: A key poll plank for anti-BJP forces

Hindustan Times  

The disclosure about the Bharatiya Janata Party’s earnings from electoral bonds is expected to fuel the opposition’s narrative against the ruling party and will be a key bone of contention in the upcoming Lok Sabha elections, scheduled to begin from April 19. Following the disclosures, BJP spokesperson RP Singh said, of the ₹20,000 crore-odd electoral bonds, only ₹6,000 crore has …

Electoral bonds: Election commission releases data. Which party received how much? 10 points
9 months ago

Electoral bonds: Election commission releases data. Which party received how much? 10 points

Hindustan Times  

The Election Commission of India on Sunday released data received from political parties on electoral bonds, which it had given to the Supreme Court in sealed covers, following a directive from the apex court to make it available to the public. The Election Commission of India made data received from political parties on electoral bonds public on Sunday. The election …

Electoral bonds an experiment, time will tell how beneficial it was: RSS
9 months ago

Electoral bonds an experiment, time will tell how beneficial it was: RSS

New Indian Express  

NEW DELHI: Amid a row over the electoral bonds, the Rashtriya Swayamsevak Sangh on Sunday said the system was introduced as an experiment with checks and balances. Time will tell how beneficial and effective the system is,” Hosabale told reporters at Nagpur on the last day of Sangh’s annual Akhil Bharatiya Pratinidhi Sabha. Replying to a question on the Sangh’s …

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