Indian Supreme Court asks political parties to give details of funding through bonds

In 2017, India proposed these bonds as a transparent way for political funding


Reuters April 12, 2019
Indian Supreme Court. PHOTO: REUTERS

The Indian Supreme Court on Friday asked political parties taking part in ongoing elections to provide details of funds received through electoral bonds.

In 2017, India proposed these bonds as a transparent way for political funding. Prime Minister Narendra Modi’s ruling Bharatiya Janata Party (BJP) has received most of the funds flowing through the bonds, according to a court filing by the Election Commission.

Chief Justice Ranjan Gogoi said political parties must submit in a sealed cover precise details of their funding by May 15.

Modi is seeking a second term in a mammoth election that began on Thursday.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ

E-Publications

Most Read