Posted inUncategorized

Electoral Bonds Go on Sale Again, with no transparency

On December 30, 2021, the Union finance ministry announced that the 19th phase of the sale of electoral bonds will begin from January 1 and go on till January 10.

Politicians and rights activists have once again raised the grave concerns associated with anonymous funding through these bonds.

They have also questioned why the Supreme Court has so far not taken up the petitions which challenged the constitutional validity of this scheme.

The finance ministry’s statement said the sale of electoral bonds will take place at 29 authorised branches of State Bank of India. The bank has been authorised to issue and en-cash these bonds.

The ministry said the Union government notified the electoral bond scheme in 2018 and as per its provisions electoral bonds may be purchased by a person who is a citizen of India

— source thewire.in | Gaurav Vivek Bhatnagar | 31/Dec/2021

Nullius in verba


Leave a Reply

Your email address will not be published. Required fields are marked *