electoral bonds – Page 2

“Every Bit Of Information…”: SC Orders SBI’s Full Disclosure On Electoral Bonds

18Mar

India

“Every Bit Of Information…”: SC Orders SBI’s Full Disclosure On Electoral Bonds

The Supreme Court today mandated the State Bank of India (SBI) to reveal all information regarding electoral bonds that allowed both individuals and companies to contribute to political parties. Chaired by Chief Justice DY Chandrachud, a five-judge bench has underscored the importance of transparenc...

Here’s What Amit Shah Said About The Electoral Bond Controversy

16Mar

India

Here’s What Amit Shah Said About The Electoral Bond Controversy

Union Home Minister Amit Shah yesterday reacted for the first time after the electoral bond information was published on the Election Commission website on March 14. The Home Minister claimed that the electoral bonds were introduced to eradicate black money from the political funding and the scheme ...

PM Modi Ran ‘The Biggest Extortion Racket’ With Electoral Bonds: Rahul Gandhi

15Mar

Elections, Lok Sabha Election 2024

PM Modi Ran ‘The Biggest Extortion Racket’ With Electoral Bonds: Rahul Gandhi

In the wake of Election Commission releasing the electoral bonds data, Congress leader and Wayanad MP Rahul Gandhi unleashed scathing attack on Prime Narendra Modi. In a direct attack, the former Congress president said, with the now scrapped scheme, Prime Minister Modi ran “the world’s largest exto...

How SC Verdict On Electoral Bonds Destroyed Arun Jaitley’s “Clean Money” Claim

15Mar

Elections, India

How SC Verdict On Electoral Bonds Destroyed Arun Jaitley’s “Clean Money” Claim

Long before the Supreme Court struck down electoral bonds, that allowed individuals and corporations to anonymously donate unlimited funds to political parties, calling the scheme “unconstitutional”, Finance Minister Arun Jaitley had defended the system as "legitimate and transparent". The electo...

Navayuga Engineering Co, Which Built Collapsed Uttarkashi Tunnel, Bought Electoral Bonds Worth Rs 55 Crore

15Mar

India

Navayuga Engineering Co, Which Built Collapsed Uttarkashi Tunnel, Bought Electoral Bonds Worth Rs 55 Crore

The recently released electoral bonds data by the Election Commission of India sheds light on concerning links between Navayuga Engineering Company Private Limited and significant financial transactions. The company, which built the Silkyara Tunnel in Uttarkashi which tragically collapsed on Novembe...

“Quid Pro Quo, Hafta Vasooli”: Congress Says Electoral Bonds Data Reveals BJP’s “Corrupt Tactics”

15Mar

Elections, India

“Quid Pro Quo, Hafta Vasooli”: Congress Says Electoral Bonds Data Reveals BJP’s “Corrupt Tactics”

The Congress has raised serious allegations against the BJP, asserting that the recently disclosed electoral bonds data unveils a spectrum of corrupt practices, including quid pro quo arrangements, donations in exchange for protection, kickbacks, and money laundering via shell companies. Congress...

Electoral Bonds Data: All You Need To Know About MEIL And Donations Over Rs 960 Crore

15Mar

India

Electoral Bonds Data: All You Need To Know About MEIL And Donations Over Rs 960 Crore

As per the orders of the Supreme Court, Election Commission of India (ECI) on Thursday made the electoral bonds data public. The study of SBI's bonds data show that Megha Engineering and Infrastructures Limited (MEIL) was the second highest donor. MEIL has purchases bonds amounting Rs 966 cores betw...

Supreme Court Pulls Up SBI For Sharing Incomplete Data On Electoral Bonds

15Mar

Elections, India

Supreme Court Pulls Up SBI For Sharing Incomplete Data On Electoral Bonds

The Supreme Court today admonished the State Bank of India (SBI) over its failure to disclose complete data on electoral bonds. Last month, the court had invalidated the scheme that allowed individuals and corporations to contribute anonymously to political parties. The top court directed the nation...

Electoral Bonds: Qwik Supply Chain Private Limited Donated Rs 410 Crore

15Mar

Business, Elections, India

Electoral Bonds: Qwik Supply Chain Private Limited Donated Rs 410 Crore

India’s Election Commission published the electoral bond data on March 14 after the SBI submitted the information following the Supreme Court admonition earlier this week. The data published yesterday shows that a total of 1,260 companies and individuals purchased the bonds worth whopping Rs 12,769 ...

ECI Releases Electoral Bonds Data; BJP Received ₹ 6,061 Cr

14Mar

Business, Elections

ECI Releases Electoral Bonds Data; BJP Received ₹ 6,061 Cr

After the directive from the Supreme Court, the Election Commission of India (ECI) has released the electoral bonds data as provided by the State Bank of India (SBI) on March 12, 2024. The data has been uploaded by the ECI on its website as received from SBI. After uploading the data, the election r...