Electoral bonds, introduced in January 2018 to bring in transparency in political funding, has emerged as the preferred route for making donations to parties, according to an analysis of the parties’ audit reports by the Association of Democratic Reforms (ADR). “Given the anonymity provided to ...
Election Commission’s release of the entire list of donors who purchased electoral bonds and the political parties that encashed them, Congress leader Jairam Ramesh has called on Union Finance Minister Nirmala Sitharaman to disclose the full data on donations under the now-scrapped Electoral...
The petition specifically urges authorities to launch an investigation into the funding origins of “shell companies and financially struggling enterprises” that channeled donations to various political entities, as disclosed in electoral bonds data. Additionally, the plea calls for a directive...
Financial Asset Ownership and Political Partisanship: Liberty Bonds and Republican Electoral Success in the 1920sWe analyze the effects of ownership of liberty bonds, which were marketed to households during World War I, on election outcomes in the 1920s. In order to address the endogeneity of ...
On February 15, a Constitution Bench of the Supreme Court had unanimously quashed the Electoral Bonds Scheme. The said judgment has now been upheld.
The bank kept back total checking account numbers and KYC information of the political celebrations which redeemed the bonds mentioning security factors. It stated total checking account numbers and KYC information were not essential for “recognizing the political celebra...
raised the issue of electoral bonds in the Lok Sabha and Rajya Sabha, demanding that the BJP-led government at the Centre must disclose all details about electoral bonds, accusing the government of launching the scheme to destroy transparency in the funding of political parties,...
Electoral bonds wereintroducedby the central government in January 2018 with thepurported aimto check the flow of unaccounted money into--and improve the financial transparency of--India’s political system. However, their effectiveness for these purposes, and the scope for theirmisuse, have been ...
Central Information Commission dismissed an appeal seeking disclosure of reports submitted by the State Bank of India to the Centre and Reserve Bank of India, regarding the sale and encashment of electoral bonds in 2018 which...
In its March 11 order, the top court dismissed SBI’s plea seeking an extension of time and ordered it to disclose the details of electoral bonds to the EC by close of business hours on March 12. The court had also directed the EC to publish the details shared by the ba...