Tag political

Electoral bonds are interest-free bearer bonds that are treated as money instruments that companies and individuals in India can purchase from authorized branches of the State Bank of India (SBI). Electoral bonds are issued in the denominations of Rs 1,000, Rs 10,000, Rs 1 lakh, Rs 10 lakh, and Rs 1 crore

Electoral Bonds as Means of Political Funding

Electoral bonds are interest-free bearer bonds that are treated as money instruments that companies and individuals in India can purchase from authorized branches of the State Bank of India (SBI). Electoral bonds are issued in the denominations of Rs 1,000, Rs 10,000, Rs 1 lakh, Rs 10 lakh, and Rs 1 crore.
IT might seem a stretch to argue that corporate governance and bank asset quality depend on cleaning up India’s political funding. But it is not. It is simply the cold, hard truth. And since that reform is yet to happen, all talk of a robust financial sector and SEBI’s incremental success in reforming corporate governance is as hollow as the claim that India, long driven by caste hierarchy and grossly unequal distribution of social and cultural power, has democracy in its DNA.

Crony Capitalists Due To Corrupt Political Funding

IT might seem a stretch to argue that corporate governance and bank asset quality depend on cleaning up India’s political funding. But it is not. It is simply the cold, hard truth. And since that reform is yet to happen, all talk of a robust financial sector and SEBI’s incremental success in reforming corporate governance is as hollow as the claim that India, long driven by caste hierarchy and grossly unequal distribution of social and cultural power, has democracy in its DNA.

The Chess-Game of Indian Politics

Imagine the malicious turn that the politics of Maharastra could take with unprecedented defection from the ruling Shiv Sena. Although in politics, which is now a lucrative bazaar, there is nothing called the concept of unusual or accidental. So we do not know if it is a semi-final before July 18th of the final climax of the 16th Presidential election. Whatever its significance can by means be local or provincial. Rather the picture is becoming clearer as we can guess who is pulling the strings from behind. Put in that perspective, it can be said that the ensuing 2022 Indian Presidential election won’t be a matter of simple choice, rather it is going to be another interesting episode for national politics in the coming days. That is why, consequent to the expiry of the 5-year tenure of President Ram Nath Kovind, New Delhi, being the main political chessboard is brimming with a lot of political moves and chicaneries. Or, in other words, a kind of tug of war is going on between the ruling party and the opposition to win advantages to get their respective Presidential candidates elected.