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LATEST NEWS UPDATES | Ex-Union secretary EAS Sarma flags poll bond ‘foul play’ -Pheroze L Vincent

Ex-Union secretary EAS Sarma flags poll bond ‘foul play’ -Pheroze L Vincent

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published Published on Nov 9, 2022   modified Modified on Nov 9, 2022

-The Telegraph

‘Ill-timed, improper’ amendment notified by Centre a bid by ruling party to take ‘undue advantage’, says former economic affairs secretary

New Delhi: Former Union economic affairs secretary E.A.S. Sarma has asked the Election Commission of India to prevent the fresh sale of electoral bonds, as allowed under an amendment notified by the Centre on Monday that he described as “ill-timed, improper” and as a bid by the ruling party to take “undue advantage”.

The amendment grants an additional 15 days a year for bonds to be sold at specified State Bank of India branches. The finance ministry has announced that these branches would sell the bonds from November 9 to 15. Till now, the bonds could be sold only on 10 specified days each in January, April, July and October barring years of Lok Sabha polls.

The amendment to the Electoral Bonds Scheme — which allows anonymous donations to political parties — comes at a time Assembly elections have been declared in Himachal Pradesh and Gujarat.

Campaigning in Himachal ends on November 10, so the fresh sale of bonds is unlikely to have much impact in the state.

A 2017 plea against the scheme by the CPM and the NGOs Common Cause and the Association for Democratic Reforms (ADR) is due for hearing in the Supreme Court next month.

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The Telegraph, 9 November, 2022, https://www.telegraphindia.com/india/ex-union-secretary-eas-sarma-flags-poll-bond-foul-play/cid/1897034


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