Despite the objections raised by Reserve Bank of India and Election Commission, India's politics has been funded anonymously and it is time to end this, asserts Aakar Patel.
'However, to establish a quid pro quo, one can potentially see several things, like whether they got any benefits from the party that they gave money to. That is something that people (of India) will gauge. But to finally establish that there was money paid as consideration, it would require an investigation, a proper investigation, to be able to come up with such conclusions.'
The State Bank of India (SBI) on Wednesday told the Supreme Court that a total of 22,217 electoral bonds were purchased by donors between April 1, 2019 and February 15 this year, out of which 22,030 were redeemed by political parties.
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The Ayush ministry has been roped in by the BSF for the project. The ministry has provided the border-guarding force with the beehives and required expertise to fix those on the alloy-made "smart fence".
With India's inclusion in global bond indices starting next financial year, the central government believes there will be greater scope for shifting to borrowings via long-term government securities (G-sec) from short-term instruments. This change may be factored into the FY25 interim Budget. "While this has been our focus, the inclusion of India in global bond indices gives us the opportunity to accelerate the shift towards longer tenure G-secs," an official said, requesting anonymity.
India's quartermiler Nirmala Sheoran has been handed an eight-year ban by National Anti-Doping Agency's (NADA) Disciplinary Panel after she returned positive for a banned substance in a test conducted last year.
In its verdict last month, the top court directed the SBI to furnish the details to the Election Commission (EC) by March 6.
;The entire INDIA bloc, led by Rahul Gandhi, was against the bonds and they wanted the old system of cut money to rule over politics once again;
"But the BJP wants it to be done after Lok Sabha elections. The tenure of this Lok Sabha will end on 16th June and SBI wants to share the data by 30th June," Kharge said.
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Bihar Chief Minister Nitish Kumar on Saturday appeared all set to make his second political volte face in less than three years, with a highly-placed source close to Kumar saying that the Janata Dal-United president is likely to tender his resignation by Sunday morning.
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A bench comprising Justices Sanjiv Khanna and Dipankar Datta took note of the submissions of lawyer Prashant Bhushan, appearing for NGOs 'Common Cause' and the Centre for Public Interest Litigation, that the plea needed to be listed for hearing at the earliest.
A five-judge constitution bench of the Supreme Court is scheduled to commence hearing from October 31 a batch of pleas challenging the validity of the electoral bond scheme for political funding of parties.
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'Election funding needs a little more transparency.'
The State Bank of India (SBI) on Tuesday evening submitted details of electoral bonds to the Election Commission of India in compliance with the Supreme Court order.
Mayank Agarwal is believed to be out of danger after drinking liquid from a pouch, which he thought was water and was kept on his seat as he was on board with IndiGo airlines
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Also, the monsoon this year may end up being the driest since 2015, which recorded a rainfall deficit of 13 per cent, they said.
'Corporates who donated to political parties were guaranteed by the electoral bond scheme that their names and to who they were donating funds will be not disclosed.'
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Commonwealth Games gold medallist weightlifter Achinta Sheuli has been expelled from the Paris Olympics preparatory camp after he was caught entering the women's hostel at night at NIS Patiala.
The mother of a six-year-old boy who fled to India from the US in March this year has been indicted by a grand jury on several new charges including capital murder.
Fear and uncertainty loomed over the residents of southeast Delhi's Shaheen Bagh area, a day after the Centre notified the rules of Citizenship Amendment Act (CAA).
In the first such initiative, the Bharatiya Janata Party has invited the ruling and Opposition parties from around the world to witness the Lok Sabha elections in India first-hand.
Crew shortage is impacting the operations of Air India, with some flights to the US and Canada either getting cancelled or facing inordinate delays, according to a source. Tata group-owned Air India, which is the only air operator flying on ultra-long haul routes, had faced problems last year also due to the shortage of crew members. An ultra-long haul flight's duration is more than 16 hours.
Not ordering disclosure of details of electoral bonds prior to April 12, 2019, was a "conscious choice" by the Constitution bench, the Supreme Court said on Monday while refusing to entertain the submissions of ASSOCHAM and CII against the disclosure of bond details on the ground of their plea not being listed.
The BJP cited the amendments to the Representation of People Act, 1951 and the relevant portions of the Reserve Bank of India Act and the Income Tax Act for not revealing its donors.
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