Electoral bonds: What's the controversy?
Electoral bonds were introduced by the Modi government as an alternative to cash donations made to political parties but the instrument is now at the centre of a controversy over allegations that it is not only skewed towards the ruling party, but flouts the concept of free and transparent elections
- Apr 12, 2019,
- Updated Apr 12, 2019 8:04 PM IST
The Supreme Court on Friday asked all political parties to furnish receipts of electoral bonds along with identity and bank account details of the donors and the amounts received in a sealed cover to the Election Commission by May 30. The order - passed on a petition filed by NGO Association of Democratic Reforms (ADR) - takes a swing at the inherent anonymity of the scheme introduced by the Modi government in the last fiscal as an alternative to cash donations made to political parties. Here's all you need to know about electoral bonds:
The Supreme Court on Friday asked all political parties to furnish receipts of electoral bonds along with identity and bank account details of the donors and the amounts received in a sealed cover to the Election Commission by May 30. The order - passed on a petition filed by NGO Association of Democratic Reforms (ADR) - takes a swing at the inherent anonymity of the scheme introduced by the Modi government in the last fiscal as an alternative to cash donations made to political parties. Here's all you need to know about electoral bonds: