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Monday, May 6, 2024

The flipside of Supreme Court’s verdict on Electoral Bonds

“The Flipside of Supreme Court’s Verdict on Electoral Bonds”, Myind.net, February 20, 2024″

“Unsurprisingly, many well-meaning patriotic Bharatiyas supported the Supreme Court judgement on the electoral bonds. Regrettably, most of them fail to see the real implications of that judgement. Firstly, the petitioner is the Association of Democratic Reform. The list of donors includes- Ford Foundation, Omidyar Network India Private Limited, and Tatas. That alone should have raised a flag.

Another interesting thing is the exclusive involvement of IIM Ahmedabad faculty in this entity. The most prominent aspect of this issue appears to be filing PILs. None of the prominent TV channels highlighted this fact. No one with the right mind will accept that these entities and the petitioner would somehow do things to serve our nation.

Let us examine the Electoral Bonds as they existed before being adjudicated as unconstitutional. The bonds are issued in Rs 1000/- to Rs.1,00,00,000/-. The bonds must be purchased by account payment with proper KYC norms, etc. Only DD, check payment and electronic transfer are methods of payment allowed to buy these bonds…..”

Read the full article at Myind.net

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