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2017-10-04

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Indian Polity
www.thehindu.com

The Supreme Court on Monday asked the Centre and the Election Commission to respond to a petition challenging the various amendments made through Finance Act 2017 and Finance Act 2016 in various statutes, saying these changes have opened the floodgates for unlimited corporate and foreign donations to political parties.

A Bench led by Chief Justice of India Dipak Misra issued notice on the petition filed by the Association for Democratic Reforms and Common Cause seeking to strike down the amendments made to the Companies Act, the Income Tax Act, the Representation of the People Act, the Reserve Bank of India Act and the Foreign Contribution Regulation Act.

The petitioners, represented by Prashant Bhushan and Neha Rathi, said the amendments, introduced as money Bills, legitimise electoral corruption, while ensuring complete non-transparency in political funding.

“The amendments in question have opened the floodgates to unlimited corporate donations to political parties and anonymous financing by Indian as well as foreign companies which can have serious repercussions on the Indian democracy. The said amendments have removed the caps on campaign donations by companies and have legalised anonymous donations,” the plea said.

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