Bonds worth more than Rs 1,500 cr were sold in 2021. Figure was over Rs 5,000 cr in 2019, when general elections were held. No party-wise figures collated, says finance ministry.
The scheme has been challenged on the ground that it legalises anonymous funding of political parties. But Centre says it’s meant to eradicate black money.
An ADR report says parties didn't provide PAN details of donors for Rs 438.96 crore over the past 5 years, in violation of a 2013 Supreme Court ruling.
The Supreme Court has refused to put a stay on electoral bonds and asked the political parties to submit details of funds received through bonds to EC by 30 May.
Among other laws, Justice A.P. Shah points to amendments made to Finance Act last year on political funding, says they only make the process ‘less transparent’.
Like many, India will be anxiously watching the US-Saudi Arabia summit in Jeddah—knowing its fate is tied to the decisions King Salman and Joe Biden make.
These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.
Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.