Tag: #transparency

Finance

Funding of Political Parties and Electoral Bonds Disclosures

The recent Supreme Court judgment in the Electoral Bonds Case declared the Electoral Bond Scheme (EBS) unconstitutional, along with supporting legislation, and ordered the State Bank of India (SBI) to submit details of electoral bond contributions and purchases from April 12, 2019, onwards to the Election Commission of India (ECI). The Court's intervention is a significant move to level the electoral field and ensure transparency in political funding. This verdict has far-reaching implications, as it aims to curb the potential for funneling funds from shell companies and money laundering through corporate funding, ultimately ushering in a big electoral reform. The judgment addresses the issue of non-disclosure of information and its infringement on the right to information of the voter, emphasizing the importance of transparency in electoral funding.
The recent Supreme Court judgment in the Electoral Bonds Case declared the Electoral Bond Scheme (EBS) unconstitutional, along with supporting legislation, and ordered the State Bank of India (SBI) to submit details of electoral bond contributions and purchases from April 12, 2019, onwards to the Election Commission of India (ECI). The Court's intervention is a significant move to level the electoral field and ensure transparency in political funding. This verdict has far-reaching implications, as it aims to curb the potential for funneling funds from shell companies and money laundering through corporate funding, ultimately ushering in a big electoral reform. The judgment addresses the issue of non-disclosure of information and its infringement on the right to information of the voter, emphasizing the importance of transparency in electoral funding.
2 min read

The recent Supreme Court judgment in the Electoral Bonds Case declared the Electoral Bond Scheme (EBS) unconstitutional, along with supporting legislation, and ordered the State Bank of India (SBI) to submit details of electoral bond contributions and purchases from April 12, 2019, onwards to the Election Commission of India (ECI). The Court’s intervention is a significant move to level the electoral field and ensure transparency in political funding. This verdict has far-reaching implications, as it aims to curb the potential for funneling funds from shell companies and money laundering through corporate funding, ultimately ushering in a big electoral reform. The judgment addresses the issue of non-disclosure of information and its infringement on the right to information of the voter, emphasizing the importance of transparency in electoral funding.

Indian Politics

Budget in Action: India’s Implementation Plans

Union Budget 2024 Implementation Begins: Government announces plans to allocate funds for key infrastructure projects and social welfare schemes outlined in the recent budget.
0 min read

Union Budget 2024 Implementation Begins: Government announces plans to allocate funds for key infrastructure projects and social welfare schemes outlined in the recent budget.

Global News

US Launches Air Strikes on Iranian-backed Militias in Iraq and Syria, President Biden Issues Warning

US President Joe Biden issues a stern warning after a drone attack killed three soldiers at Tower 22, stating that any harm to Americans will be met with a “tiered response.” In retaliation, the US military launches air strikes on Iranian-backed militias in Iraq and Syria, hitting over 85 targets across seven locations. The attack follows a series of incidents, including Red Sea attacks by Houthi militants and militia strikes linked to Israel’s Gaza bombing campaign. Biden emphasizes that the response will continue at chosen times and places, signaling a sustained effort. Tensions rise in the Middle East as the US prepares for potential further actions.