Arun Jaitley turns political funding on its head, all donations to political parties to be under scrutiny
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In the The
Jaitley said that the Union Budget for 2017-18 will push growth, promote digital economy and bring transparency in political funding.
This is yet another attempt to check the increasing menace of black money, one of the main agenda of the government.
This will enable transparency in the funding of the political parties, the Finance Minister said, ''political parties can receive donations in cheque, electronic mode, electoral bonds, which would be issued by
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Terming demagnetization as "bold and decisive" measure, Finance Minister
"We are moving from informal to formal economy and the government is now seen as a trusted custodian of public money," he said while delivering the Union Budget 2017-18.
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