What Are Electoral Bonds? | Why is It Under SC Scanner | Between the Lines with Palki Sharma
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- Опубликовано: 4 ноя 2023
- What Are Electoral Bonds? | Why is It Under SC Scanner | Between the Lines with Palki Sharma
India's electoral bonds came under the scanner after the Supreme Court heard petitions challenging the validity of the scheme.
Are electoral bonds good or bad?
Do other countries have similar schemes? And why is it so controversial?
Palki Sharma tells you on Between the Lines.
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Do you believe electoral bonds have changed how elections are funded in India?
Comment below and tell us.
Not really.
Electoral Bonds should be transparent like in America.
yes. obviously. transparency
is fundamental to democracy.
Please keep us up-to-date on the decision of the court. Thanks.
If there is no transparency in electoral funding, then the so called "democratic" aspect in that country is a total farce......
Given the massive advances in technology, electoral funding should be banned. Cost of campaigning by political parties should be funded entirely by the Govt. A viable mechanism could be evolved and put in place for this.....
The entire political campaign for election's could be through the media. No physical meetings, rallies, poster pastings are necessary.,..
The irony is that the tax payer earning 50,000 Rs should disclose their source of income but the tax collectors is confidential. Laws should be equal to all.
Income tax isn't equitable to electoral bonds. They're basically donations.
If tomorrow who you donate to is disclosed then it's revealed which political party you're supporting. It's akin to revealing who you're voting for.
It's anonymous for a genuine reason. A person could be targeted if he overwhelmingly funds one party which others may not like.
gov should also keep transparency show where all money is spend. bc we are tax payers we need to know...or we will stop paying income tax & every kind of tax!!!
Not equal. The law for governments should be more strict because they have influence over the Executive wing.
@@samarths Voting still decides who's going to be in power. No amount of money would just give you central government automatically.
That money is still going to be used on political campaign.
Politicians make every rule and laws mutually that support them , they fight , oppose and discuss over common people laws
What a scam.. India needs a stronger opposition to highlight such flaws..
What if the opposition is also the beneficiary
At least the people should have common sense to question people in power first.. just because opposition is also beneficial doesn't mean it's right.. scam is a scam..
Opposition is also benefitting from this scheme
@@DipakChakraborty033Explain how.
Today is a groundbreaking day. What a verdict by SC!
India wants Modi be voted out with entire BJP because he failed to handle inflation, unemployment, corruption, education, drugs business, taxes, illegal and anti-People policies. People are fed up.
@@user-yo8iv4pk5y Nope. please get a reality check. People may be not happy with economy, but they will still stick with Modi. They don't even have a good alternative. Who would you vote? Rahul Gandhi?? Or do you want Mamata to be your PM? It's a silly state of opposition.
@@user-yo8iv4pk5y We are doing way better... GLOBAL INFLATION RATE IS 6.9 % AND OURS IS 5% EVEN AFTER THE PANDEMIC AND ALSO PROVIDING FREE VACCINES TO EVERYONE
@@user-yo8iv4pk5y bot spotted
This is how this woman glorified India's biggest corruption scam. Proving 😂😂 Unconstitutional process to legitimate. Dalal Media
Accountability is fun word used by politicial parties
Let them give chances to play their own game
It's how the pot calls the kettle black.
*No companies should donate to political parties when the company have 5% debt to Revenue ratio*
Agree
And unfortunately, even the companies which are themselves in loss can donate through electoral bonds
@@yavneekrikhari8734 and also can to get loan cuts from Public Sector Banks
Please explain?
Historical judgement by SC,
No justification required
People have absolute right to know that who is funding their candidate, .
And where the government projects are going and from where the political funding is coming.
If people have no right to know where the money comes from, then government should also not inquire where our money comes from.
'People don't have right to know' sums it up i thought election were for people and for the people.
There is a reason why voting is anonymous disclosing the information to other people which party I have donated for is basically telling them who I am voting for. It is my constitutional right to maintain my privacy. Since the SBI is issuing bonds and they know that all my money is legal then why do other people need to know? To threaten me or slander me? As if there is not enough mudslinging involved that now common people have to be dragged into it.
It still is, if people don't abuse the opportunity. People are corrupt (or mede corrupt by media and politics) so the politicians are corrupt.
@@Canyouseemeanna I strongly disagree with you. It needs to get disclosed so that we can know who's that crorepati that's funding the party, who's the best friend of that party being so merciful to them. And the transparency of this funding will lead us to know which party is getting fund from wrong people, and how's this corruption working.
Palki sharma will be remembered as glorified dalal journalist. Who sold her dignity for just to pay home loan. This is how this woman glorified India's biggest corruption scam. Proving 😂😂 Unconstitutional process to legitimate. Dalal Media
@@kirtitomar2962 Your point is valid when you are not donating.. and as a third party. If “X” company who has business in many states wants to donate money to some party.. if their name is disclosed, their opponent parties try to target them! Therefore, the name is not going to disclose to wider audience.. but it is with the bank and they can validate. I feel this system is better than taking cash which is even more worse and not able to track! But we need to bring this under CAG and courts for regular audit and see of there is any conspiracy and back door benefits for the donated organisations!
They have issues more than 10000 electoral bonds each values 1 crore that means more than 10000 crores of bribes to political parties????????? Whoever bought these bonds must be public including foreign ones.
Democracy doesn’t work for majority of the working class people. Democracy is a dumpster. If ur old enough, see what Soviet Union communism achieved in 30 years?
Then China did the same in 30 years. No nation in the history of mankind have ever done that. Hey if everyone is has the basic necessities and some comforts in life see what happens >> No break in, no crime, safe streets. Win win for all.
Ofcourse, people do not need to know that most of the funding is from a few corporate players who are going to make labour laws more and more relaxed and earn more money.
We need to limit the maximum expenditure for campaigns per candidate.
It's in constitution, but who followed the constitution when they have power given by constitution
I would say per party*
It's already there. Rs 1 cr per candidate. Now go figure, what BJP does with Rs 5000 cr funds. Let me give you a hint. Operation Lotus
There is capping how much a candidate can spend, but NO CAPPING ON HOW MUCH A PARTY CAN SPEND.
@@sandeeproy1327 there is no cap on how much they as a party can spend
Best practice is to have political parties to disclose their source of income.
The name of the donor and the amount donated.
How would you prevent harassment of a donor of a party other than the one which comes to power?
@@AbhishekKumar-el7voas if government already doesn't know
The donor could be targeted. Should it also be transparent who each individual votes for? It's kept anonymous for a reason.
And what would happen if the name is not real or what would you do even if they announce the name of the shell companies
@@AbhishekKumar-el7voSo you want to save the Donor's interest and deny people's right to information? Very nice andbhakt
One thing u are so good at. Licking power holders. They don't even have to use water or toilet paper
Government says “People have no right to know the source of the money”; that sums it all. The motives of this government is not transparency, but to legalize financial crimes.
😢😢
Ramarajya
Its private money, funded to a private donee in a private manner.... why should people be knowing who paid off whom ??
If you make a transaction for diamond purchase to your girlfriend, and your wife is in opposition to it... how can court ask you to disclose the transaction details or submit your passbook unless otherwise, there is a case on privacy....
Palki sharma will be remembered as glorified dalal journalist. Who sold her dignity for just to pay home loan. This is how this woman glorified India's biggest corruption scam. Proving 😂😂 Unconstitutional process to legitimate. Dalal Media
Without even listening through what Palki is going to unfold, I want to say the very question is wrong. Its like asking is Corruption, Non transperancy, thieving or murdering is Good or Bad. Bonds is not bad but protecting the identity of the donator is a crime.
Giving example of other countries is bad habit of Journalism. 😂😂😂😂Truth is truth and applicable to all human beings irrespective of country and their different constitutions. Coz it's question of transperancy and assurance to citizen of respective country. Every citizen have right to know ....
Comparisons are welcome since this is just a video on electoral bonds.
This is not Sharma Ji ka beta comparison
we need comparison. as our india took several ideas from different countries rule book, it should be analysed and questioned if our way is wrong?
but we know opposition that opposition wont ask as they are also beneficieries
We have the right to know where the donation is coming from.
And who are these people who are donating for their own benefits which can make common people suffer.
I think people paying taxes should also take up the same stand of government stating Govt. does not need to know the source and amount of income.
I seriously think they are making a mockery of the word TRANSPERANCY.
Take it easy..it is always double standards all the way..one law for me one law for you. Transparency? Never heard this word before.! Ruling parties want to ensure they stay in power till eternity. And grab everything in the country. Amit Shah is the home minister and his son is the cricket board chief.
@@boypillay5270😂😂 yes but even now people would still be supporting bjp as if they are their saviour.
Although transperancy is required. However, these are big businesspersons who buy and donate the money through electoral bonds. So the assumption that this is tax payers' money used by the govt, hence it should be disclosed, is flawed.
I think having a cap is a much better option (so that no matter how rich u are, u can only donate so much). This is because, as much as I agree with ur proposition, we must understand that if you donate some X amoint to a Y party and that is disclosed; the point of having anonymous elections is beaten. I mean, when u cast vote, it is secret; but then ur name is disclosed and everybody knows u voted for whom. Now, in a state like Bengal where any voter even slightly supporting non-TMC candidate is beaten to d€@th, disclosure is like putting a bounty on him/her.
Thank you for your vivid and thoughtful account of the ways and means of helping political parties by donating huge sums of money safely 😂
क्या है मामला? (IN HINDI) 👇🏻
Electoral Bonds Verdict Why Supreme court declared electoral bond unconstitutional
ruclips.net/video/c-T20bq8jvM/видео.html
We knew Palkiji will make us understand.
Thank you
I know this, it’s not her journalism you like, 😂
Praise God we stilll have a just and fair SC and CJI
Food court analogy - awesome! The a average person can understand.
Electoral Bonds should be transparent like in America.
do you even know the flaw of postal voting in America. half knowledge is always dangerous. just don't write for the sake of writing. the lack of thinking before writing is becoming a habit in our Indian society.
Electoral bonds are transparent enough to safeguard the anonymity of the bond buyer. With that logic for yours we should make every voters name public as to whom they vote.
Everything supreme court says doesn't mean you have to agree blindly without reading the fine prints of it.
Receiving money and votes are two different aspects. Pull your head out of your a** @@LighteningOne
@@LighteningOne voters in India have registered names and a valid voting card.
Palki as a journalist you did not question a very fundamental question in this video which is "Why would someone buy a 1 crore bond and donate to a party fund if he is not getting anything in return?" here is a fun fact that you missed out, as a ruling government can always ask SBI for the details of donors to other parties and pressurize them not to buy the bond. BJP has been doing it actively by raiding the business of doners of opposition parties.
I think she also is wrong that there is no need to disclose donation to political party in uk .the PPERA act 2000 seems to contradict that.
Is there any evidence or proof for this claim?
Nice conjecture.
@@gabbar51ngh tere paas koi proof hai ki ek baap ka lanuda hai
Palki is batting for BJP. How a public limited company could donate with out the 100 ℅ shareholders approval. Private person can donate any amount and that should be disclosed openly so that General public are aware of those companies securing favours from the Government
Well we got to grab the parrot
Wtf she mentioned both point of views and even mentioned that BJP is the top recepient.....how's that batting for BJP?
@@aryans5129by not explaining the most fundamental question that is
Why would a person give electoral bonds to political parties?
What does the donor get from that?
@@moviegamer5497 I know I'm too late to reply but Firstpost is literally owned by Reliance Industry. What else would you expect it to speak about? Lol.
Her special is factual lies , twist the story in BJP favor . She does it consistently
Palki is a foreign correspondence. Since when did she suddenly become a domestic political correspondence? 🤔
lol hurting your interests?
Politics are deep-rooted from the begining to end
Money and journalism also goes hand in hand these days 😂
Very well explained , thanks for informative video. 🙏
Thanks ❤❤❤❤
Good only for Corruption. Its like Adani Funding BJP .
Who funded corrupt family run congress party Jindal?
@@vikrammodifan Adani
@@vikrammodifan Adani
@@edwinrodrigues9747 what is wrong rice bag ? Corrupt congress supporters .
Thank you ji very nice explanation
Loved the details shared here. Further, her command over the language is phenomenal..👍. All in all enjoyed the video.
As the court scraped no voice we have to accept
I don't matter what news it is..but I love palki speak..n i love to listen...to her....
Thank you so much for explaining in simple words❤
Who writes Firstpost news ? Real Gem. Yes Palki too. Firstpost videos are very informative for UPSC, School kids, Hindi medium like me, Home makers like me, govt employees. YES I said govt employees . I share with them. Cannot disclose with whom ?
Palki, I am always correcting your pronunciations but today I have no complaints and nothing but praise for your great explanation vis a vis the electoral bonds of India. Thanks!
Now we need a second part of this video
Nah she wont do it , the boot licker also falls under same category of godi media, not even once have she questioned/criticised BJP party , and she calls her journalist 😂, in-fact i have seen many of her videos , where she was trying to defend modi govt similar to 9pm local news anchors
A man who earns 25k should disclose his income and pay tax but political parties receiving 9000 crose should not wow...shame on you and govt amended the law to receive foreign money. This called democracy.
I think govt has have forgotten that ... "Democracy is Of the ppl, By the ppl, For the ppl". So how govt can say that ppl don't have right to know abut the source of money is coming from ?
Donations to political parties to be known to public domain, transparent, to curb corruption, and trail of black money by corporate sector initiatives by Supreme court
Gautam Adani must have been the highest donator to bjp while Modi backs him up😂😂😂
And Congress crying because getting less money
Teri gxxd Kyu jal Rahi hai laxdiyeee
वो तो हर बड़े पार्टी एक अरब पति होता है, फाइनेंशियल सपोर्ट के लिए 😂😂
In conclusion,
An electoral bond is a wrong practice unless it is transparent. No matter who donates, anyone should be able to check it at any time. 25% of this must be spent to educate the poor children of India.
I cannot speak to other countries systems, but I find America's lacking now...
I think there should be limits in both amounts and that donors should be known above certain amounts...
I do not think corporations should be allowed to make donations to anyone or any party... In fact, only private citizens should be allowed to make donations period...
Only ₹ 9500 crores collected in five years? That is, ₹ 1900 crores per year? This is a piddling amount considering the size of Indian economy which is more than $ 3 trillion annually today. The government spends ₹ 50,000 crores ($2 billion) for conducting the elections. More money should have come from private contributions to political parties. But at least we now know how much money the political parties are collecting as donations.
We got independence from English , however real independence will come once political class and bureaucrats start working for the country. They want bharat to remain a third world country. Development not divide and rule should be the agenda of political parties
Why no media is talking about this? Even in RUclips, last uploaded video on electoral bond is a month old. Money is playing.
She is also pro BJP ..
Wow .. Also no report on Chandigarh Mayor Election ..
Ye congress ne kiya hota toh isne bolna tha gala faad ke
@palkisharma, In UK, it is mandatory to disclose donations to political parties. The PPERA Act 2000 requires political parties to report donations over a certain threshold to the Electoral Commission.
Electoral bonds clearly favour the ruling party, BJP for now, an corporations are trying to be in the good book of them. It is therefore very partial.
Govt is playing with money
Should be condemned
Yes. The government famously doesn't deal with money... What's wrong with you? Think before you type.
Lol what are banks doing than
Thank you Smt Palki Sharma Ji, for educating us - the average lot, to this fact of life in this " Our democratic" situation. This democracy has not been working for the majority, as has been since independance. Somewhat better on the whole, since the present Govt. came into office. The majority is being tharasehd around by the many minority parties, almost all of them not much bothered about the country or it's people but themselves- to grab money and power.
Smt. Palki Ji ,please do an educatiinal dcoumentary on the status of our "democracy" to dissect the internal adversaries of our nation who are thriving in the guise of political parties and thus educate the citizens of this great nation to make better choices next time around. Thank you madam. JAI BHARATH.
I’ll give you a hint - the most prominent and dangerous adversary is this ruling party you talk about. They have already crossed the level of corruption/immorality of all other parties combined (over the previous 65+ yrs 🙄 …in less than 10yrs 😮😮😮
Also, if you feel educated about these Electoral bonds 6-7yrs after their introduction, that too from this video…then you my friend REALLY NEED better education, as it seems you still may have not understood the real purpose of these electoral bonds (a.k.a. - corruption legalized Pro Max)
who is here after SC decision today! and Palki Sharma to the rescue
Donations should be disclosed. And Donation giver should not be beneficiary in the next regime.
It’s never a gift with you Indian givers you always want it back
Your intro is amezing. I watched 👀 7 times, its so cool.🔥
lol, how did Palki bring herself to do this piece, I think this sham is just too dirty for Palki to hide. Godi media must be really burning right now.
Truth prevail
Good job Palki Madam
People do have the right to know where the funding is coming from. But security measures should also be taken to ensure for peace and safety of the client. The honorable court has to be more specific and detailed about these kind of matter. Some cases are sensitive and needs to be dealth with sensitively.
What I'm saying is that, this is a right decision made.
And then what people will do. Once elected they will sit in the money chair. Democracy elect’s donkeys, raise their hands in favour of the leader.
BJP is Growing because, most leaders of BJP try their best to gather money for their Party. But instead Congress try to take it in some Leaders Accounts, not for Party. In Congress only those who have money can rule the party, once money is gone, he is out of positions.
Anyone who makes for their own benefits without loving their idological party, will do the same for NATION too. As they will always consider themself more important than Nation.
Doesn't disclosing the identity of donors reveal their political affiliations likely to be reflected in their voting patterns - which is in shark contrast to the concept of secret ballot so vehemently protected and rightly so. The anonymity of the donors protects them while funding electioneering.
What about the government we know how govt is expanding its control government can access the data of anyone who wants to give money to opposition
@@pranavbhaskar3722 That access wasn't limited to any previous governments neither it is with this one. Besides, unless there is a proven control expansion unconstitutionally, nothing will hold in the courts - until then all cynicism is speculation, assumption or sensationalism.
@@manbeh4u sir when was electoral bonds introduced did they have it in earlier govt
@@manbeh4u and sir the idea of equality is that it should not be arbitrary and unreasonable, it not speculations sir rather it's the inherent realism that seems have evaporated under the ideological smoke.
@@manbeh4u Before the scheme was introduced the political parties had to make public all donations above Rs 20,000. Also, no corporate company was allowed to make donations amounting to more than 7.5% of their total profit or 10% of revenue.
Strangely SC judges dont want to declare their assets 😅 rest all should be public according to this shariah court😅
Public have full right to know the source of funding.
Legalization of corruption #WahModijiWah
Excellent 👌
This was enlightening…..
Thankyou.
How many are after SC verdict today ! I’m here to see how these guys analysis was ?
Cronie Capitalism have increased. Political
Parties are doing huge favours to certain individuals and companies and people have no clue how much money is being given in return. a government who says that people have no right ( for any aspect) is a dangerous government. palkiji I don’t understand why we are presenting it as an honest scheme. ( undertone )
Palki, My solution is that campaigns should be banned. The only allowed activity, is the publishing of the candidates resume and policies. Also candidates should be criminally responsible for keeping their campaign promises...their policies.🤗🙏😇,jpk Save the planet. Ban election campaigns. End gang violence... Ban Partizanship. To each person their own conscience be true.
Hello Palki Sharma have a wonderful day 💞💕♥️💝💞💕
Palkiji ka dukh bhari din.
Supreme Court took a good decision on electoral bonds and even should be made to pay income tax on their income.
❤
Title is very cliched. "Electoral bond is bad"- should be the title of this video.
Bonds are modigate.
Public has no moral right to ask political party for its income when they take money to vote particular party. In India, it’s an open secret that people take money/goods/services for voting particular candidate. So, until this practice stops, political parties would need tonnes of money to win elections. This is harsh reality check !!!
Hallo palki and fans🎉
Great
One huge flaw here is that it gives a sense of anonymity while the party in power can anyways know the source because they're the one's who are running govt and that govt owns SBI... 😊😂
Would be really interesting to know how much of that were from the Adnani's and Ambani's of India.
Worse money. Illigal money shouldn't convert to legal during election. If you want to use specific device and system not every in the play ground, i am out before and after 😂 i dont unground what's this is not uk nor us. What a fucking money. I love palki forever
If it was introduced for transparency, then why anonymity? Why no news channel is talking about any use of this bond? Transparency to whom?
😂😂 The 3 A's of India, A_ani, Am_ani & Am_t Sh@h must be disappointed 😞 😑
ED,CBI, IT ect's head do not have their own brains?
Unique identification code on bonds left the chat.........
When she said that the gov says PEOPLE HAVE NO RIGHT TO KNOW about the donors..........thats the biggest RED FLAG ..........
The public donates money just for them to eat all of it. We should donate it to charity not electoral bond.
Before electoral bonds, parties were recieving money in cash, right?
Where is the data of that?
Why electoral bonds are being targeted?
And INDI Alliance got whooping 13000Cr, and BJP got 6000Cr..so why aren't we asking 13000cr que?
And if this was so wrong, why want it questioned in Supreme Court by opposition earlier? Why now only?
The electoral bonds are brought with a good vision that black money can be brought down substantially, at a later date. I don't think so any common person is interested in knowing the donors name
*First they did it with the election commissioner and now with bonds. The way judiciary interferes in executive will they enjoy if the executive do it to them. I think it should*
Why not make buyers anonymous. ? In this way only the party knows who donated
to them . Why they never thought of it?
I mean anyone can buy the bond but the bank should not record which bond was bought by whom
I don't know exactly.. My mind is. Shivering...
Thanks supreme court
Ban privately funded political parties.
The sentence "People have no right to know the source of money" is kind of misleading.
If the names start coming out then there would be some familiar names there😅.
SBI के पास जनता का पैसा जमा है तो ये tansparency क्यों mantain नहीं करती?