Source: TP Subject: Polity Context: Post the Supreme Court’s scrapping of the Electoral Bond Scheme (Feb 2024), corporate political funding has sharply concentrated in favour of the ruling party through electoral trusts. About Corporate political funding in India: What it is? Corporate political funding refers to financial contributions made by companies to political parties through …
Facts for Prelims (FFP) Source: TH Context: The Supreme Court of India has referred the challenge to the validity of the electoral bonds scheme, which allows anonymous donations to political parties, to a Constitution Bench of five judges. The case also pertains to the passage of the electoral bonds scheme as a Money Bill …
Topic: Salient features of the Representation of People’s Act. 5. Trace the changes witnessed in the political funding with the introduction of electoral bond scheme. Critically analyse the potential of electoral bonds in fulfilling the goal of transparency in political fundraising. (250 words) Difficulty level: Moderate Reference: The Hindu , Insights on India Why the question: …
Topic: Salient features of the Representation of People’s Act. 2. Critically analyse the electoral bond scheme as a unique poll funding instrument to achieve the goal of transparency in political funding. (250 words) Difficulty level: Moderate Reference: Indian Express Why the question: India’s apex court will hear the petitions challenging the electoral bonds scheme. While …
GS Paper 2: Topics Covered: Important aspects of governance, transparency and accountability, e-governance- applications, models, successes, limitations, and potential; citizens charters, transparency & accountability and institutional and other measures. Context: Chief Justice of India N V Ramana has assured petitioners that the Supreme Court will take up for hearing a pending plea challenging the …
GS Paper 2: Topics Covered: Important aspects of governance, transparency and accountability, e-governance- applications, models, successes, limitations, and potential; citizens charters, transparency & accountability and institutional and other measures. Context: Electoral bonds worth ₹1,213 crore were sold by the SBI in January. Most of them (₹784.84 crore) were encashed in the New Delhi branch, …
Topic: Salient features of the Representation of People’s Act. 3. Electoral bonds were introduced as a harbinger of a new era of transparency and accountability. In truth, electoral bonds have only legitimized opacity. Critically Analyse. (250 words) Difficulty level: Moderate Reference: New Indian Express Why the question: Electoral bonds have received tremendous attention and scrutiny …
Introduction: In 2014, the Delhi High Court held that two major political parties were guilty of illegally accepting donations from two companies registered in India but whose controlling shareholder was Vedanta, a foreign company. The court held that this was in contravention of the Foreign Contribution (Regulation) Act (FCRA), 1976, as the donations …
Continue reading “Insights into Editorial: Needed: full disclosure on electoral bonds”
