Aakar Patel | It's time to end the anonymous funding of all Indian elections
1 year, 1 month ago

Aakar Patel | It's time to end the anonymous funding of all Indian elections

Deccan Chronicle  

The Supreme Court has finished hearing arguments on electoral bonds and will hopefully deliver a judgment soon. The scheme also allows anyone, including foreign governments, criminal gangs and of course corporate interests, the ability to influence political parties because parties could accept money without revealing who gave it. “The bonds are bearer bonds and transferable by delivery”, the RBI said, “hence, who finally and actually contributes the bond to the political party will not be known”. First, he said: “It appears the RBI has not understood the proposed mechanism of having pre-paid instruments for the purpose of keeping the identity of the donor secret, while ensuring the donation is made only out of fully tax-paid money of a person.” By this he meant because the original purchaser had to acquire the bonds through their official account, it made the donation clean. Asked by journalist Nitin Sethi of Huffington Post why the government had ignored the RBI’s objections, the finance ministry said it had taken the decision “in good faith and in the larger public interest”.

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History of this topic

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 declines pleas seeking SIT probe into alleged quid pro quo in electoral bond donations

Op India  

The Supreme Court on Friday declined a batch of petitions seeking a probe by a Special Investigation Team into the alleged instances of quid pro quo arrangements between corporates and political parties through Electoral Bonds donations. The top court also rejected the demand to direct the authorities to recover the donations received by political parties through Electoral Bonds and to …

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 …

Supreme Court to hear plea to set up panel to probe into electoral bonds on July 22
5 months ago

Supreme Court to hear plea to set up panel to probe into electoral bonds on July 22

India Today  

The Supreme Court will be hearing a batch of pleas seeking a probe by a Special Investigation Team under judicial supervision into the alleged scam in the electoral bonds scheme, which was earlier scrapped by the Supreme Court on February 15. While citing several media reports, the petition asserted that the published information indicates that the majority of the bonds …

SC to Review PIL Seeking Probe into Electoral Bonds Scheme
5 months, 1 week ago

SC to Review PIL Seeking Probe into Electoral Bonds Scheme

Deccan Chronicle  

New Delhi: The Supreme Court on Friday agreed to consider listing a public interest litigation that urged a court-monitored investigation into the electoral bonds scheme. The PIL, filed by NGOs Common Cause and the Centre for Public Interest Litigation, alleges an "apparent quid pro quo" between political parties, corporations, and investigative agencies. A five-judge Constitution bench had on February 15 …

DC Edit | Poll bonds: Be transparent
8 months ago

DC Edit | Poll bonds: Be transparent

Deccan Chronicle  

The continued defence of the electoral bond scheme by senior government leaders including Prime Minister Narendra Modi despite the Supreme Court of India finding that it violated the Constitution betrays a self-righteousness that does not square with democratic principles. It is everyone’s case that parties should not fight elections on the strength of black money provided to them by interest …

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 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 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 …

​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 …

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 …

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?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 …

'Breach of trust': Ex-finance secretary on SBI's electoral bonds move
8 months, 4 weeks ago

'Breach of trust': Ex-finance secretary on SBI's electoral bonds move

India Today  

Former Finance Secretary Subhash Garg has suggested that the electoral bonds data released by the State Bank of India exposed a significant breach of trust. Speaking to India Today, the former Finance Secretary said, "The meticulously designed electoral bonds, meant to safeguard against any link between donors and political affiliations, did have an invisible alphanumeric code, not meant to be …

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 …

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 …

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 data | Firms from Telangana, A.P. loosened purse strings for multiple political parties
9 months ago

Electoral Bonds data | Firms from Telangana, A.P. loosened purse strings for multiple political parties

The Hindu  

From pharmaceutical drugmakers, healthcare providers, infrastructure as well as realty developers to those in educational services, several companies across industries in Telangana and Andhra Pradesh had purchased electoral bonds that were encashed by different political parties. Infrastructure developer Megha Group, through several group firms, which at ₹1,186 crore had emerged as the largest purchaser of electoral bonds from the region, …

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 …

Election Commission uploads electoral bond data with latest details submitted by SBI
9 months ago

Election Commission uploads electoral bond data with latest details submitted by SBI

Hindustan Times  

The Election Commission of India on Thursday uploaded the electoral bond data on its website with the latest details submitted by the State Bank of India. The bank held back complete bank account numbers and KYC details of the political parties which redeemed the bonds citing security reasons. It said complete bank account numbers and KYC details were not necessary …

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 …

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 …

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 …

SC order on electoral bonds disclosure does not cover full details from March 2018
9 months ago

SC order on electoral bonds disclosure does not cover full details from March 2018

The Hindu  

The Supreme Court on March 18 directed full disclosure of electoral bonds purchased after April 2019, but information about a chunk of poll bonds bought and encashed during the first year of the anonymous political funding scheme will continue to remain hidden from the public eye. This would mean that full information on who bought how many electoral bonds to …

‘Don’t shout at me': CJI DY Chandrachud chides lawyer during electoral bonds hearing
9 months ago

‘Don’t shout at me': CJI DY Chandrachud chides lawyer during electoral bonds hearing

Hindustan Times  

New Delhi: Chief Justice of India DY Chandrachud on Monday chided a lawyer during the Supreme Court's hearing on the electoral bonds case. Read here: Electoral Bonds: Supreme Court rebukes SBI, says don't be ‘selective’ Per a viral video, CJI Chandrachud scolded advocate Mathews Nedumpara and told him not to raise his voice. Meanwhile, the top court directed the SBI …

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 …

Electoral Bonds: Supreme Court rebukes SBI, says don't be ‘selective’
9 months ago

Electoral Bonds: Supreme Court rebukes SBI, says don't be ‘selective’

Hindustan Times  

New Delhi: The State Bank of India can't be selective in disclosing information linked to electoral bonds, the Supreme Court of India said on Monday, directing the bank to submit full details of the bonds' numbers to the Election Commission by March 21. The Supreme Court ordered the bank to disclose all "conceivable" electoral bond details in its possession, including …

Electoral Bonds Case: SBI must provide full details on electoral bonds without bias, as required by the court
9 months ago

Electoral Bonds Case: SBI must provide full details on electoral bonds without bias, as required by the court

The Hindu  

The Supreme Court on Monday asked the State of Bank of India to be “candid and fair” and not selective while directing it to make a “complete disclosure” of electoral bonds’ data, including their unique hidden alphanumeric and serial numbers, to the Election Commission of India for publication. The court said the information on electoral bonds forwarded to the ECI …

SC Raps SBI Over Electoral Bonds Case, Asks It to Disclose All Information by March 21
9 months ago

SC Raps SBI Over Electoral Bonds Case, Asks It to Disclose All Information by March 21

News 18  

The Supreme Court on Monday ruled that the State Bank of India should not be selective in disclosing the details while hearing matter over SBI not furnishing unique numbers of electoral bonds to the Election Commission. SBI can’t be selective and has to disclose all “conceivable” electoral bond details in its possession, including unique bond numbers that would disclose the …

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: Should SBI disclose unique numbers? Supreme Court hearing today
9 months ago

Electoral bonds case: Should SBI disclose unique numbers? Supreme Court hearing today

Hindustan Times  

A Constitution bench of the Supreme Court will hear the electoral bonds case on Monday and decide whether the State Bank of India should be directed to disclose the unique numbers of the bonds. All details have to be furnished by the SBI, Justice Chandrachud observed, as the court admonished the SBI for furnishing incomplete information, a day after the …

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 Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers
9 months ago

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers

Live Law  

A Constitution Bench of the Supreme Court will hear the Electoral Bonds Case today at 10.30 AM.The bench comprising Chief Justice of India DY Chandrachud, Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra will decide whether the State Bank of India should be directed to disclose the unique numbers of the Electoral Bonds. A Constitution Bench of the …

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers
9 months ago

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers

Live Law  

A Constitution Bench of the Supreme Court will hear the Electoral Bonds Case today at 10.30 AM.The bench comprising Chief Justice of India DY Chandrachud, Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra will decide whether the State Bank of India should be directed to disclose the unique numbers of the Electoral Bonds. A Constitution Bench of the …

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers
9 months ago

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers

Live Law  

A Constitution Bench of the Supreme Court will hear the Electoral Bonds Case today at 10.30 AM.The bench comprising Chief Justice of India DY Chandrachud, Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra will decide whether the State Bank of India should be directed to disclose the unique numbers of the Electoral Bonds. A Constitution Bench of the …

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers
9 months ago

Electoral Bonds Case : Live Updates From Supreme Court Hearing On Whether SBI Should Disclose Bond Numbers

Live Law  

A Constitution Bench of the Supreme Court will hear the Electoral Bonds Case today at 10.30 AM.The bench comprising Chief Justice of India DY Chandrachud, Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra will decide whether the State Bank of India should be directed to disclose the unique numbers of the Electoral Bonds. A Constitution Bench of the …

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 …

Biggest purchaser of Electoral bonds is a Lottery firm, EC reveals in fresh details
9 months ago

Biggest purchaser of Electoral bonds is a Lottery firm, EC reveals in fresh details

Firstpost  

Providing details after April 12, 2019, the EC’s report revealed that the Bharatiya Janata Party emerged as the largest beneficiary of the electoral bonds scheme, receiving Rs 6,061 crore in political donations over the last five years The Election Commission of India has disclosed additional details regarding electoral bonds, including the amount redeemed per political party on March 17. Political …

Bonded favours: The Hindu Editorial on the electoral bond scheme, sordid revelations
9 months ago

Bonded favours: The Hindu Editorial on the electoral bond scheme, sordid revelations

The Hindu  

Sordid revelations that keep pouring from the disclosure of details about the purchasers and recipients of electoral bonds confirm the early apprehension of sceptics that the anonymous political funding scheme will have undesirable consequences. Ranging from likely quid pro quo deals to flagrant proximity between companies being investigated by central agencies and the purchase of electoral bonds worth hundreds of …

Electoral bonds | Biggest beneficiaries claim inability to reveal donor names
9 months, 1 week ago

Electoral bonds | Biggest beneficiaries claim inability to reveal donor names

The Hindu  

Most large recipients of funding via electoral bonds, including the Bharatiya Janata Party, the Congress, and the Trinamool Congress have not shared any details about their donors, in submissions made to the Election Commission of India under the direction of the Supreme Court in May 2019 and November 2023. For full coverage | Making sense of the electoral bonds data …

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