The landmark judgment of the Supreme Court of India is a reminder that citizens need to be ever watchful in a democracy ‘The issue of money in elections, which includes the use of black money and bribing of voters using campaign funds and freebies, still remains’. The judgment of the Supreme Court of India, on […]
The pre-2017 electoral funding system was far from perfect, but distortions like electoral bonds exacerbate the problem The Supreme Court, in a landmark decision on February 15, declared the electoral bonds scheme introduced by the previous Narendra Modi-led National Democratic Alliance (NDA) government in 2017, unconstitutional. The judgment has stirred a hornet’s nest with all kinds […]
Will the government bring an ordinance to overrule the SC judgement? Unlikely, because all the amendments done to various acts – IT Act, Companies Act, RPA 1951 – have been struck down as unconstitutional. Moreover, SC has upheld the citizens right to know on sources of political funding. Hence any future scheme introduced to curb […]
A lot of us seem to have forgotten that political parties, elections and democracy existed even before 2017 – and so before the existence of electoral bonds. Though introduced in 2017, Electoral Bonds (EBs) seem to have become a popular topic in the national discourse ever since the recent three-day hearing in the Supreme Court […]
In the age of digital dominance, electoral bonds are a calculated and sophisticated step towards electoral gain. Money is never neutral but it tends to mostly, if not always, favour the most domineering and deep-pocketed. This expression is highly relevant in the context of Indian elections where the stakes are always high and the sole […]
Only 15 regional parties received donations through electoral bonds, the highest amount being BJD’s Rs264 crore. For the Opposition parties, electoral bonds pose the fear of omission (being starved of funds) and the fear of commission — being traced and harassed by the ED and CBI. How would you like to play a game in […]
In disallowing voters from knowing the identity of donors, the scheme is even more opaque now Last month, an investigative series on electoral bonds by independent journalist Nitin Sethi, with the help of Right to Information (RTI) activist Commodore Lokesh Batra (retd), exposed how the BJP leadership misled the Election Commission (EC) and Parliament on […]
There was an intense debate around the introduction of electoral bonds by the government. Data obtained from SBI reveals that there is hardly any demand for electoral bonds of lower denomination even in the month of May. Not a single bond in the denomination Rs 1000 & Rs 10000 was purchased in May, while 99.7% […]
The proposed amendment to the already repealed FCRA 1976, tucked away in the last page of the Finance Bill, is akin to trying to conduct a heart or liver transplant on a person who has been dead for seven years. “Once is happenstance. Twice is coincidence. Three times is enemy action,” Ian Fleming is reported […]
Contrary to the finance minister’s assurance in the Budget speech, amendments to the Finance Bill ensuring anonymity to the donor as well as the receiver will only add opacity to political donations. The current government must be commended on its consistency and persistence, though in a perverse way. Finance minister Arun Jaitley’s Budget speech had a separate […]