Centre defends its decision to issue electoral bonds in Supreme Court; says reforms aim to defeat menace of black money

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In an affidavit, filed in a writ petition of CPM and its general secretary Sitaram Yechury, the Centre said the electoral bonds were introduced on 2 January, 2018 to promote transparency in funding and donation received by political parties. These can be encashed by an eligible political party only through their authorised bank accounts.

from Latest News India on Firstpost https://ift.tt/2TERif6
Press Trust of India

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