-The New Indian Express While the total funds released for Bonded labour rehabilitation was Rs 664.5 lakh in 2017-18, it has been reduced drastically to Rs 253.3 lakh the following year. NEW DELHI: Even as the labour ministry has not been successful in rehabilitating all the rescued Bonded labour from across the country, the funds released for their rehabilitation has been reduced by 61 per cent, as per the latest...
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India's budget math faces a tough challenge now -Nikita Kwatra
-Livemint.com To keep up with the pressure of making headline fiscal deficit numbers look good, the government has increasingly resorted to off-budget financing for revenue as well as capital spending As with every other Union budget in the country, all eyes will focus on the fiscal deficit number that India’s new finance minister, Nirmala Sitharaman presents on 5 July in her maiden budget speech. But for many investors and analysts, how that...
More »Revealed: River of anonymous election cash that flowed to Calcutta -Anita Joshua
-The Telegraph Figures in May take the total amount of money invested in this opaque source of funding since January to Rs 4,794 crore Electoral Bonds accounting for the maximum amount of political donations in India in May were sold in Calcutta, according to information accessed by a citizen through the Right to Information route. Of the Bonds worth Rs 822 crore that were sold in select outlets of the State Bank of...
More »Electoral Bonds: The Illusion of Transparency -Kamal Kant Jaswal
-Economic and Political Weekly The introduction of electoral Bonds is a retrograde measure that radically alters the transparency regime of electoral funding. By obscuring the identities of a Bond’s purchaser and recipient from everyone but the State Bank of India, they give an unfair advantage to the party in power at the centre, undermine the Election Commission’s oversight role, and deprive the voters of their right to determine if the ruling...
More »Jagdeep S Chhokar, one of the founders and trustees of Association for Democratic Reforms, interviewed by Ajaz Ashraf (CaravanMagazine.in)
-CaravanMagazine.in India is often hailed for its democracy, for empowering its poor and ordinary citizens to participate in the electoral process and play a role in shaping the country. This narrative has increasingly come under strain since the Supreme Court, through its March 2003 judgment in Union of India vs Association for Democratic Reforms, made it mandatory for candidates contesting elections to disclose their wealth, educational qualification, and criminal cases pending...
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