-TheWire.in Many feel the move is pointless as lowering the disclosure limit requires an amendment to the Representation of Peoples Act, which remains unchanged. Several RTI activists have dismissed finance minister Arun Jaitley’s announcement that cash donations to political parties will now be capped at Rs 2000, down from the earlier limit of Rs 20,000. They have questioned the intent behind the decision – it is meant to increase transparency and accountability...
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Congress got 83% of funds from unknown donors, BJP 65%
-The Times of India NEW DELHI: In the eleven years between 2004-05 and 2014-15, political parties of all colours, including ones which swore by transparency, got contributions worth more than $1 billion (Rs 6,800 crore) from unknown sources, a study by an independent think tank says. The historic financial `performance' of these parties which raked in more than Rs 11,000 crore in total income (this includes the Rs 6,800 crore) during this...
More »'69% of political funds from unknown sources' -Devesh K Pandey
-The Hindu Association for Democratic Reforms says the income of national parties from unknown sources increased by 313% The total income of national and regional political parties between 2004-05 and 2014-15 stood at Rs. 11,367 crore, with the highest of Rs. 3,982 crore being the Congress’s share. However, 69% of the income of these parties was from unknown sources, according to an analysis done by the Association for Democratic Reforms (ADR). The income...
More »Lift the veil of secrecy -K Padmanabhaiah
-The Hindu The primary aim of the demonetisation exercise was to tap black money. To mark the last day for depositing the demonetised notes, on December 31, 2016, the Prime Minister, in his address to the nation, fully acknowledged the great hardship suffered by common people due to the serious delay in making the new currency notes available in the banks, ATMs and rural areas, and thanked them for the faith...
More »EC seeks ban on anonymous contributions above Rs 2,000 to political parties
-PTI NEW DELHI: Seeking to stem the flow of black money in polls, the Election Commission has urged the government to amend laws to ban anonymous contributions of Rs 2,000 and above made to political parties. There is no constitutional or statutory prohibition on receipt of anonymous donations by political parties. But there is an "indirect partial ban" on anonymous donations through the requirement of declaration of donations under section 29C of...
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