Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding.
Ex-energy secretary writes to CEC on Finance Ministry notification
When was the last time any prominent ruling party politician of any state or Central ministry resigned on moral grounds, let alone was tried and convicted for corruption?
Rajasthan CM accused BJP of "threatening" corporates, who wish to donate to Congress and other political parties. Gehlot also claimed AAP was "controlling" the media through money.
After months, the Supreme Court will hear the case filed by the Association for Democratic Reforms (ADR) related to the anonymous electoral bonds scheme on Friday.
In its annual audit report for the financial year 2020-21 filed with the Election Commission on May 21, the BJP has shown its total expenditure at Rs 620.39 crore and receipts at Rs 752.33 crore.
The court took note of the submissions of lawyer Prashant Bhushan, appearing for PIL petitioner NGO, 'Association for Democratic Reforms', that the issue was 'critical' and needed an urgent hearing.
The application had claimed that so far more than Rs 6,500 crore worth of electoral bonds have been sold with the majority of donations going to the ruling party.