-PTI/ The Hindu Chief Election Commissioner suggests a slew of amendments to RP Act to increase transparency and accountability on part of candidate The Election Commission has proposed reducing anonymous political donations to ₹2,000 from ₹20,000 and cap Cash donations at 20% or at a maximum of ₹20 crore to cleanse election funding of black money, sources said on Monday. Chief Election Commissioner (CEC) Rajiv Kumar has written a letter to Union Law...
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Needed: full disclosure on electoral bonds -Rakesh Dubbudu and Inayat Sabhikhi
-The Hindu The Supreme Court’s suggestion to ‘match the following’ on political donations is impractical and incorrect In 2014, the Delhi High Court held that both the Congress and the Bharatiya Janata Party (BJP) were guilty of illegally accepting donations from two companies registered in India but whose controlling shareholder was Vedanta, a foreign company. The court held that this was in contravention of the Foreign Contribution (Regulation) Act (FCRA), 1976, as...
More »FCRA rules hit overseas COVID aid to hospitals, NGOs -Vikas Dhoot
-The Hindu FCRA approvals take a lot of time, the government needs to urgently grant an exemption for all such donations, tax and legal experts said. Indian entities, including hospitals and charitable trusts, hoping to receive COVID-19 relief material from overseas individual donors or donor agencies, could be in trouble, unless they are registered under the Foreign Contribution Regulation Act (FCRA) with a stated objective involving provision of medical care. On May 3,...
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 »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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