EBs Sale Crosses Rs.12 Thousands Crores Mark. 94.124 % of Total Value of EBs Sold are of 01 Cr value denomination.
Electoral Bonds: Amid Concerns on Opacity, Donations Cross Rs 10,000-Crore Mark https://thewire.in/government/electoral-bonds-amid-concerns-on-opacity-donations-breach-rs-10000-crore-mark
Several transparency activists, organisations and political parties have over the years expressed concern about the lack of transperancy around these bonds, as the identity of donors purchasing them remains a secret. According to Right to Information (RTI) activist Commodore Lokesh Batra (retired), who has been tracking the sale of these bonds and their redemption by designated branches of the State Bank of India, the sale of these bonds reached the milestone of Rs 10,000 crore during the 21st Phase under which they were sold from July 1 to July 10.
While the electoral bond scheme was introduced with the Finance Bill 2017 and notified in January 2018 to provide funding to political parties which secure not less than 1% of the votes polled in the last general election to the Lok Sabha or a state assembly, the manner in which it allowed anonymous donations, most of the funds went to the ruling Bharatiya Janata Party had raised eyebrows.
The first to raise a red flag was the Election Commission, which in 2017 itself had raised serious concerns about the scheme. Subsequently, a number of petitions have been filed in the Supreme Court since 2018 challenging its legality. The apex court has twice refused an interim stay on the scheme as sought in its petition by the Association for Democratic Reforms (ADR).
The push and pulls of the ‘market imperative’ along with hostilities from the Indian government since August 2019 means that land in Jammu and Kashmir which was preserved for the tiller in the second half of the twentieth century has now been completely opened up for grabs to the highest bidder.
https://blogs.lse.ac.uk/internationaldevelopment/2023/02/15/from-land-to-the-tiller-to-land-to-the-highest-bidder-land-grabs-in-jammu-and-kashmir/
Sukla Sen - Foil - Those fighting the menacingly expanding footprints of the autocratic regime in India will have to factor this in. India is, not just a strategic partner in the fight against China. It is also a very attractive business partner. Hence, "democratic" sensibilities are quite unlikely to come into play as far as the state powers are concerned. That, of course, doesn't mean that one shouldn't address public opinion in these countries.
Extracts by Razi Raziuddin, Social Party of India: Between BBC, Boeing and Airbus, PM Modi sets terms of engagement with the West, Modi has repeatedly referred to three Ds – Democracy, Demand, and Demography – as factors that make India an attractive place for the West to engage and do business with February 15, 2023 Varghese K George https://www.thehindu.com/news/national/news-analysis-between-bbc-boeing-and-airbus-pm-modi-sets-terms-of-engagement-with-the-west/article66512801.ece
".....the terms of engagement that Mr. Modi wants to set with the West — a “Hindutva strategic doctrine” for India’s engagement with the world....The BJP’s position is that the BBC is not free media, but a foreign agent that is working with an anti-India agenda. That is a familiar logic for western democracies actually.............The Hindutva strategic doctrine seeks western support and cooperation for its nationalist ambitions. *Hence, western technology and investment are solicited, but there is stiff resistance to western prescriptions on domestic political questions. *On the other side, *when required to choose between a tangible
commercial opportunity and an abstract moral objective, western governments have never been confused.*
.....The Modi government had reminded the Biden administration of the rioters at Capitol Hill <https://www.thehindu.com/news/international/farmers-protest-us-calls-for-dialogue-recognises-right-to-protest/article33750046.ece> when it was questioned about police action against protesting farmers running amok in New Delhi, in January 2021 As it happened, on the same day the Tata Group-owned Air India *announced orders for 470 aircraft <https://www.thehindu.com/business/Industry/tata-sons-announces-order-of-250-airbus-aircraft-for-air-india/article66508100.ece>* from American manufacturer Boeing and French manufacturer Airbus, Indian Income Tax authorities dropped by *at the offices of the BBC <https://www.thehindu.com/news/national/i-t-dept-survey-on-bbc-india-continues-for-second-day/article66511170.ece>*. Just as Prime Minister Narendra Modi spoke about deepening strategic partnerships with the U.S. and France, BJP functionaries, including Union ministers, accused the BBC of running an anti-India agenda with the support of Opposition parties. Mr. Modi had French President Emmanuel Macron on a video call, and U.S. President Joe Biden on an audio call to celebrate the aircraft deal, while U.K. Prime Minister Rishi Sunak, whose country is also a beneficiary of the deal in which Rolls-Royce will be making the engines for Airbus aircraft, tweeted out his ebullience. <https://www.thehindu.com/news/international/world/Narendra-Modi-addresses-Australian-Parliament-%E2%80%98Australia-will-not-be-at-periphery-of-India%E2%80%99s-vision%E2%80%99/article60318360.ece>, the U.S. was happily doing business with China. In the years that followed, U.S. relations with China nosedived, and Russia invaded Ukraine. The Biden administration now wants to frame international politics as a fundamental ideological cleft between democracy and autocracy. On Tuesday, Mr. Modi invited western companies to use the opportunities of India’s expanding civil aviation market. On the first D, western governments murmur occasional protests, but they cannot hide their excitement when it comes to the second D. The Air India order was Boeing’s third largest sale of all time, in dollar value, and it is second of all time in quantity. “This purchase will support over 1 million American jobs across 44 states, and many will not require a four-year college degree,” U.S. President Joe Biden said, according to a White House release.“ This announcement also reflects the strength of the U.S.-India economic partnership. Together with Prime Minister Modi, I look forward to deepening our partnership even further as we continue to confront shared global challenges.” According to Mr. Sunak, the aircraft order will create “better-paid jobs and new opportunities in manufacturing hubs from Derby to Wales,” which will help the U.K. to “grow the economy and support our agenda to level up”. Mr. Macron was described by Mr. Modi as a friend, and both hailed the “strategic partnership” between the two countries. The lure of of the Indian market, powered by its demography, seems stronger than that of the second D — Democracy. While the British government has so far remained silent on IT action on BBC, U.S. State Department Spokesperson Ned Price *did not want to make a judgment <https://www.thehindu.com/news/international/aware-of-bbc-raid-cannot-offer-any-judgement-us/article66510985.ece>* other than declaring the importance of free media in a democracy. On whether the action went against democratic values, Mr. Price said, “I couldn’t say. We’re aware of the facts of these searches, but I’m just not in a position to offer a judgment.” The BJP’s position is that the BBC is not free media, but a foreign agent that is working with an anti-India agenda. That is a familiar logic for western democracies actually. The U.S. and EU have imposed a range of *restrictions on Russian media <https://www.thehindu.com/news/international/youtube-blocks-russian-parliament-channel-drawing-ire-from-officials/article65306070.ece>* on the same grounds. The Modi government had reminded the Biden administration of *the rioters at Capitol Hill <https://www.thehindu.com/news/international/farmers-protest-us-calls-for-dialogue-recognises-right-to-protest/article33750046.ece>* when it was questioned about police action against protesting farmers running amok in New Delhi, in January 2021. There are many contradictions in the narrative about a global contest between democracies and autocracies, and the turmoil within democratic countries are significant, undermining any claims of western superiority on this front.
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