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 some changes were necessary. On February 15, a five-judge Constitution bench struck down the scheme, declaring it “unconstitutional” because it completely anonymised contributions made to political parties, and added that restricting black money or illegal election financing – some of the articulated objectives of the scheme – did not justify violating voters’ right to information in a disproportionate manner. Sitharaman acknowledged that some aspects of the scheme needed improvement – for example, data made public by the Election Commission of India and State Bank of India suggested shell companies and loss-making companies contributed to parties – but added that they could be brought back in some form after “a good consultation”. I would think these are larger issues.” When asked about the intense BJP campaign in Tamil Nadu, where no national party has had a significant presence since the late 1960s, Sitharaman said the state had a clear distinction – local regional parties for assembly and a national party for Parliament – but the Congress ceded ground to Dravdian parties.

History of this topic

Congress demands FM Nirmala Sitharaman’s resignation over FIR in electoral bonds scheme case
2 months, 3 weeks ago
FIR Against Nirmala Sitharaman On Charges Of Extortion, Criminal Conspiracy Related To Electoral Bond Scheme
2 months, 3 weeks ago
SC turns down plea for SIT probe into electoral bonds scheme
4 months, 3 weeks ago
Electoral Bonds: SC declines pleas seeking SIT probe into alleged quid pro quo in electoral bond donations
4 months, 3 weeks ago
Electoral bonds: SC to hear plea seeking SIT probe
5 months ago
Supreme Court to hear plea to set up panel to probe into electoral bonds on July 22
5 months ago
SC to Review PIL Seeking Probe into Electoral Bonds Scheme
5 months, 1 week ago
INTERVIEW | ‘Regional parties a key factor in many states,’ says Sukhbir Singh Badal
8 months ago
Nirmala Sitharaman hints at bringing in a political funding framework that will be acceptable to all
8 months ago
WATCH | Electoral bond not poll issue; people understand intent was to ensure clean money coming to politics: Tejasvi Surya
8 months ago
Amit Shah's challenge to Rahul Gandhi on electoral bonds: ‘Accept you extorted as well’
8 months ago
Karnataka: Rahul Gandhi terms electoral bonds ‘biggest extortion scam’
8 months ago
Electoral bonds country’s biggest corruption scandal: Rahul Gandhi in Karnataka
8 months ago
Electoral Bonds Biggest Extortion Scam, Alleges Rahul Gandhi
8 months ago
Rahul calls electoral bonds world’s biggest ‘extortion scheme’, attacks Modi
8 months ago
PM Modi justifying poll bond despite verdict: Sanjay Singh
8 months, 1 week ago
OPINION | HOW MODI DEMOLISHED OPPOSITION CHARGE ON ELECTORAL BONDS
8 months, 1 week ago
Country being pushed towards black money; everyone will regret attacking Electoral Bond scheme, says PM Modi
8 months, 1 week ago
PM Modi accuses Opposition of spreading lies on electoral bonds scheme: 'Everyone will regret it’
8 months, 1 week ago
PM Modi details 'Vision 2047', hits back at Opposition on ED raids, Electoral bonds issue | DETAILS
8 months, 1 week ago
"Everyone will regret it": Prime Minister Modi criticises decision to scrap electoral bond scheme
8 months, 1 week ago
Plea in SC seeks review of verdict scrapping electoral bonds scheme
8 months, 1 week ago
Finance Minister Nirmala Sitharaman defends the electoral bonds scheme: ‘One step better than what went before’
8 months, 1 week ago
​Pandora’s box: The Hindu Editorial on the electoral bonds scheme, emerging details
8 months, 1 week ago
Jairam Ramesh says nation paid price for BJP’s compulsion to get donations at all costs
8 months, 2 weeks ago
‘He fully lied to nation’: Congress reacts to PM Modi's statement on electoral bonds
8 months, 3 weeks ago
Those criticising electoral bonds will soon regret, imperfections can be addressed: Modi
8 months, 3 weeks ago
Those criticising electoral bonds will soon regret, says PM Modi
8 months, 3 weeks ago
'Modi brought electoral bonds and so today you know...' PM says no scheme perfect
8 months, 3 weeks ago
Bonds, big money and an imperfect democracy
8 months, 3 weeks ago
Did the electoral bonds scheme enable extortion?
8 months, 3 weeks ago
Did the electoral bonds scheme enable extortion?
8 months, 3 weeks ago
’Electoral bond issue not only biggest scam in India but...,’ FM Nirmala Sitharaman’s economist husband says
8 months, 3 weeks ago
DC Edit | Only probe can establish facts of murky poll bond sales
8 months, 3 weeks ago
'Breach of trust': Ex-finance secretary on SBI's electoral bonds move
8 months, 4 weeks ago
Sordid scheme: The Hindu Editorial on the electoral bond scheme, electoral financing
8 months, 4 weeks ago
Electoral bonds are ‘post-raid’ bribes to BJP-led government: Jairam Ramesh
9 months ago
Satire | Bias against electoral bonds
9 months ago
Electoral Bonds data | Firms from Telangana, A.P. loosened purse strings for multiple political parties
9 months ago
Electoral bonds: Who were big donors for ruling BJP? | Check complete data HERE
9 months ago
Electoral bonds: Donor-party link public after SC push
9 months ago
Electoral Bonds case | SBI confirms to Supreme Court its ‘complete disclosure’ of electoral bonds data
9 months ago
India’s voters deserve a bond — of probity
9 months ago
'Ask Rahul Gandhi to Explain Rs 1,600 Cr Hafta Vasooli': Amit Shah Tears Into INDIA Bloc over Electoral Bonds
9 months ago
Electoral Bonds: Many pharma companies that bought electoral bonds faced regulatory actions
9 months ago
Mother of Democracy? Electoral Bonds are the Annihilation of Democratic Values
9 months ago
SC order on electoral bonds disclosure does not cover full details from March 2018
9 months ago
Propagandists target BJP over Electoral Bonds, ignore Opposition parties benefiting from same
9 months ago
Pradhan Mantri Hafta Vasuli Yojana | Congress' swipe at government over electoral bonds issue
9 months ago

Discover Related