-The Economic Times blog Electoral bonds represent the latest attempt at removing black money from the electoral system. It is a financial instrument, much like a demand draft or currency note, which will conceal the identity of the donor from the intended recipient political party from everyone except the issuing bank. These bonds can be purchased for any value, in multiples of Rs 1,000, Rs 10,000, Rs 1,00,000, Rs 10,00,000 and Rs...
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SC glare on 'political bonds'
-The Telegraph New Delhi: The Supreme Court today sought the response of the Centre and the Election Commission on a joint petition filed by NGOs challenging amendments to the 2016 and 2017 Finance Acts that allegedly allow unfettered donations by corporate houses in India and foreign entities to parties in the name of "political bonds". According to advocates Prashant Bhushan and Neha Rathi, appearing for the NGOs Association of Democratic Reforms and...
More »Corporates donated Rs 957 cr to national parties, BJP got lion's share: Report -Smriti Kak Ramachandran
-Hindustan Times BJP received the maximum donations of Rs 705.81 crore from 2,987 corporate donors followed by INC which received Rs 198.16 crore from 167 corporate donors. New Delhi: The BJP received the lion’s share – Rs 705.81 crore – of Rs 956.77 crore that corporate houses donated to five national parties between 2012-13 and 2015-16, a report by a Delhi-based non-profit pushing for poll reforms said on Thursday. The party, which swept...
More »33% of MPs, MLAs who will vote for India's next president have criminal cases against them: Survey
-Scroll.in The study conducted by the Association for Democratic Reforms found that only 9% of the electoral college is represented by women. Around 33% of the electoral college that will vote in the July 17 presidential polls, 33% have declared criminal cases against themselves. These were declared in affidavits filed with the Election Commission of India before their most recent elections, according to a survey released by the Association for Democratic...
More »EC to house panel: State funding won?t help, need radical changes to monitor poll expenditure -Anand Mishra
-The Indian Express Both the EC and the Law Ministry have been asked to furnish their written replies at the next meeting. New Delhi: AMID THE demands for state funding of elections, the Election Commission (EC) has categorically told a parliamentary panel that it is “not in favour” of the move. It has, instead, called for “radical changes” in the “provisions regarding receipt of funds” and expenditure by political parties to...
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