world-news entertainment Viral news State news Tech/Gadgets
discovernews24
Home Share bazaar National SUBSCRIBE
Home entertainment Viral news State news Tech/Gadgets English news Share bazaar National SUBSCRIBE
• Voice Search Optimization for Businesses (2025) • Global Defense Spending Trends and Economic Impact (2025) • The Rise of Alternative Social Platforms in 2025 • Tackling Urban Sprawl: State Land Use Policies in 2025 • Business Ethics Training: A 2025 Imperative • The Economics of Universal Basic Income Experiments (2025 Update) • Predictive Maintenance Tech for Homes and Gadgets (2025) • State Policies on Electric Vehicle Charging Infrastructure (2025)
Home National Gadkari’s Revelation: Electoral Bonds’ Noble IntentionsGadkari’s Revelation: Electoral Bonds’ Noble Intentions
BREAKING

Gadkari’s Revelation: Electoral Bonds’ Noble IntentionsGadkari’s Revelation: Electoral Bonds’ Noble Intentions

<p>Nitin Gadkari, a cabinet minister, expressed the indispensability of financial resources for the sustenance of a political entity, affirming the government&#8217;s well-meaning initiative of introducing electoral bonds in 2017, albeit recently invalidated by the Supreme Court. The seasoned Bharatiya Janata Party (BJP) luminary stressed the imperative for collective reflection among all political factions should the [&hellip;]</p>

Author
By News Desk
23 March 2024
Gadkari’s Revelation: Electoral Bonds’ Noble IntentionsGadkari’s Revelation: Electoral Bonds’ Noble Intentions

Gadkari’s Revelation: Electoral Bonds’ Noble IntentionsGadkari’s Revelation: Electoral Bonds’ Noble Intentions

Nitin Gadkari, a cabinet minister, expressed the indispensability of financial resources for the sustenance of a political entity, affirming the government’s well-meaning initiative of introducing electoral bonds in 2017, albeit recently invalidated by the Supreme Court. The seasoned Bharatiya Janata Party (BJP) luminary stressed the imperative for collective reflection among all political factions should the apex court issue further directives on this matter.

Gadkari articulated these views during a forum convened by a media conglomerate at GIFT City near Gandhinagar last Friday. Recollecting his involvement in the discourse surrounding electoral bonds during the tenure of Arun Jaitley as the Union finance minister, he underscored the vital role of financial resources for the viability of any political entity. In certain nations, governmental patronage is extended to political groups, a practice absent in India, prompting the adoption of the aforementioned financing mechanism.

Elucidating the rationale behind the inception of electoral bonds, Gadkari highlighted the objective of enabling direct financial support to political outfits while preserving the anonymity of donors, particularly crucial during transitions of power. Analogizing the sponsorship imperative for media events to the financial exigencies faced by political entities, he emphasized the necessity for pragmatic solutions in the realm of political funding.

In a resolute assertion, Gadkari reiterated the altruistic intent behind the introduction of electoral bonds, vouching for transparency in political finance. He pledged bipartisan cooperation in addressing any deficiencies identified by the judiciary, emphasizing the pivotal role of financial sustenance in facilitating political activities essential for the functioning of a democracy founded on values.

The recent landmark ruling by the Supreme Court, nullifying the electoral bonds scheme in anticipation of the upcoming Lok Sabha elections, resonated with the constitutional principles of free speech and access to information. Subsequently, the State Bank of India (SBI) has divulged diverse datasets pertaining to funds channeled through electoral bonds to various political entities, underlining the evolving discourse on transparency in electoral finance.

Author

News Desk

You Might Also Like

Related article

Gadkari’s Revelation: Electoral Bonds’ Noble IntentionsGadkari’s Revelation: Electoral Bonds’ Noble Intentions

Related article

Gadkari’s Revelation: Electoral Bonds’ Noble IntentionsGadkari’s Revelation: Electoral Bonds’ Noble Intentions

Related article

Gadkari’s Revelation: Electoral Bonds’ Noble IntentionsGadkari’s Revelation: Electoral Bonds’ Noble Intentions

Related article

Gadkari’s Revelation: Electoral Bonds’ Noble IntentionsGadkari’s Revelation: Electoral Bonds’ Noble Intentions

Follow US

| Facebook
| X
| Youtube
| Tiktok
| Telegram
| WhatsApp

discovernews24 Newsletter

Stay informed with our daily digest of top stories and breaking news.

Most Read

1

Business Ethics Training: A 2025 Imperative

2

The Economics of Universal Basic Income Experiments (2025 Update)

3

Predictive Maintenance Tech for Homes and Gadgets (2025)

4

State Policies on Electric Vehicle Charging Infrastructure (2025)

5

Optimizing Omnichannel Experiences for Customers (2025)

Featured

Featured news

Global Real Estate Investment Outlook for 2025

Featured news

Tech for Pet Owners: Gadgets for Furry Friends in 2025

Featured news

The Role of Lieutenant Governors in 2025 State Politics

Featured news

The Future of Human Resources Technology (HR Tech) (2025)

Newsletter icon

discovernews24 Newsletter

Get the latest news delivered to your inbox every morning

About Us

  • Who we are
  • Contact Us
  • Advertise

Connect

  • Facebook
  • Twitter
  • Instagram
  • YouTube

Legal

  • Privacy Policy
  • Cookie Policy
  • Terms and Conditions
© 2025 discovernews24. All rights reserved.