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Electoral Bond:
Controversy over electoral bond:
Election Commission of India's view on electoral bonds: The Election Commission on April 10, 2019 told the Supreme Court of India that while it was not against the Electoral Bonds Scheme, it did not approve of anonymous donations made to political parties.
Reserve Bank of India on electoral bonds scheme: The central bank had warned the government that the bonds would undermine the faith in Indian banknotes and encourage money laundering.
Supreme Court in 2019 on electoral bonds: On April 12, 2019 the Supreme Court asked all the political parties to submit details of donations received through electoral bonds to the ECI. It also asked the Finance Ministry to reduce the window of purchasing electoral bonds from 10 days to five days. |
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