Electoral Bonds

Electoral Bonds News

CJI UU Lalit retires: From forming key Constitution Benches to seeking to reform SC registry, a busy 74 days
India

CJI UU Lalit retires: From forming key Constitution Benches to seeking to reform SC registry, a busy 74 days

During his tenure, many Constitution Benches were constituted which heard at length issues of constitutional importance like bringing in reservation for the EWS and contentious issues like CAA, NRC and electoral bonds were taken up for hearing

GhoseSpot | Is Narendra Modi serious about fighting corruption?
India

GhoseSpot | Is Narendra Modi serious about fighting corruption?

Those who walk the corridors of power would say corruption has indeed come down at the top echelons of the government. However, this isn’t something the common masses experience directly

Five regional parties declared donations of Rs 250.60 crore through electoral bonds in 2020-21: ADR
India

Five regional parties declared donations of Rs 250.60 crore through electoral bonds in 2020-21: ADR

According to ADR's latest report, the total income of 31 regional parties for the 2020-21 financial year was Rs 529.416 crore, and their total declared expenditure was Rs 414.028 crore

Explained: What are electoral bonds and the case in the Supreme Court
India

Explained: What are electoral bonds and the case in the Supreme Court

A Supreme Court bench has agreed to hear a PIL challenging laws permitting funding of political parties through the electoral bond scheme

Centre approves 19th tranche of electoral bonds; sale to be open from 1 to 10 January
Business

Centre approves 19th tranche of electoral bonds; sale to be open from 1 to 10 January

The sale of the first batch of electoral bonds took place from 1 to 10 March, 2018. The 18th tranche of the bond sale took place from 1 to 10 September, 2021.

'No public interest': CIC dismisses appeal seeking disclosure of electoral bond reports by SBI to Centre, RBI
India

'No public interest': CIC dismisses appeal seeking disclosure of electoral bond reports by SBI to Centre, RBI

Nearly, three years after an appeal was filed Information Commissioner Suresh Chandra noted that there appears to be 'no public interest' in further prolonging the matter as there is no substance in the appeal

ADR report: Over 55% donations to regional parties from ‘unknown’ sources, 95% in electoral bonds
Politics

ADR report: Over 55% donations to regional parties from ‘unknown’ sources, 95% in electoral bonds

The Association for Democratic Reforms report said that the donation received from unknown sources contributed to 70.98 percent of the income of national parties.

BJP got largest share of electoral trust funding in 2019-20; TRS, Shiv Sena among other top recipients
Politics

BJP got largest share of electoral trust funding in 2019-20; TRS, Shiv Sena among other top recipients

The Congress received total donations of Rs 58 crore from electoral trusts, which was less than several regional parties

Assembly elections 2021: SC dismisses plea seeking stay on sale of electoral bonds ahead of polls
India

Assembly elections 2021: SC dismisses plea seeking stay on sale of electoral bonds ahead of polls

The petitioner also claimed that there is a 'serious apprehension' that sale of electoral bonds before the polls would further 'increase illegal and illicit funding of political parties through shell companies'

SC to hear on 24 March plea against opening of window for sale of electoral bonds
India

SC to hear on 24 March plea against opening of window for sale of electoral bonds

The Association for Democratic Reforms is apprehensive that a further sale of bonds before the polls will increase illegal and illicit funding to political parties

Electoral bonds: Supreme Court seeks response from Centre, Election Commission in 2 weeks on plea seeking stay on scheme
India

Electoral bonds: Supreme Court seeks response from Centre, Election Commission in 2 weeks on plea seeking stay on scheme

The Supreme Court on Monday sought response of the Centre and the Election Commission on a plea seeking a stay on the electoral bond scheme meant for funding political parties.

RBI had no objection to issuance of electoral bonds via SBI, move to bring in transparency to funding in political system: Nirmala Sitaraman
Business

RBI had no objection to issuance of electoral bonds via SBI, move to bring in transparency to funding in political system: Nirmala Sitaraman

SBI in the CCB meeting and other internal fora would have discussed the multiple facets of the electoral bonds schemes.

P Chidambaram calls electoral bonds 'biggest scam of the decade', says purchasers will be known to BJP
India

P Chidambaram calls electoral bonds 'biggest scam of the decade', says purchasers will be known to BJP

P Chidambaram, who is lodged in jail in cases of corruption and money laundering, said purchasers will be known to the bank and, therefore, to the government.

Winter Session of Parliament: Prakash Javadekar sounds optimistic note on combating pollution; Opposition demands PM 'break silence' over electoral bonds
Politics

Winter Session of Parliament: Prakash Javadekar sounds optimistic note on combating pollution; Opposition demands PM 'break silence' over electoral bonds

For the second consecutive day, air pollution was discussed at length in the Lok Sabha, while electoral bonds were discussed in the Rajya Sabha.

Electoral bonds controversy: Recent criticism of campaign funding rings hollow considering the alternative is cash
Politics

Electoral bonds controversy: Recent criticism of campaign funding rings hollow considering the alternative is cash

Campaign financing has long been a hotly-debated topic in democracies around the world. Political parties need to spread their message to voters, rallies need to be held, travelling and other expenses are incurred.

BJP calls electoral bonds 'successful attempt to usher in honest money', claims Congress doesn't want transparency in elections
Politics

BJP calls electoral bonds 'successful attempt to usher in honest money', claims Congress doesn't want transparency in elections

BJP leader Piyush Goyal added that the Congress when in power used to go after those who donated money to the BJP through cheques.

Winter Session of Parliament: Debate on air pollution takes musical turn; Congress says electoral bonds made 'corruption official'
India

Winter Session of Parliament: Debate on air pollution takes musical turn; Congress says electoral bonds made 'corruption official'

Parliament proceedings on Thursday saw sharp exchanges of words as well as, rather unexpectedly, singing sessions as legislators spoke at length on air pollution in Delhi.

Electoral bonds: Lack of promised transparency makes channel for political funding vulnerable to unholy politico-corporate nexus
Politics

Electoral bonds: Lack of promised transparency makes channel for political funding vulnerable to unholy politico-corporate nexus

When the Narendra Modi government came to power, one of its biggest promises was to make political funding transparent.

Electoral bonds a 'political bribery scheme', govt must disclose all details before Parliament, says Congress
India

Electoral bonds a 'political bribery scheme', govt must disclose all details before Parliament, says Congress

The Congress demanded on Wednesday that the government must disclose all details about electoral bonds before Parliament, alleging that the scheme resulted in money laundering and destroyed transparency in the funding of political parties

Electoral bonds worth Rs 6,128 crore sold since last year; Mumbai recorded highest sale of Rs 1,880 cr followed by Kolkata, Delhi
Politics

Electoral bonds worth Rs 6,128 crore sold since last year; Mumbai recorded highest sale of Rs 1,880 cr followed by Kolkata, Delhi

According to the non-governmental organisation Association for Democratic Reforms (ADR), electoral bonds worth Rs 277 crore have been sold since last year