Sunday, May 28, 2017

Centre to shortly announce nature of electoral bonds scheme, says FM Arun Jaitley

The Centre would shortly announce the nature of the electoral bonds scheme, said Finance Minister Arun Jaitley on Sunday.
“This year, before the budget was being prepared, the prime minister had told us to take some steps in the budget to cleanse the political parties, and out of that the electoral bonds scheme was born,” he said addressing BJP workers here.
“We are in the process of shortly announcing the nature of the scheme,” he said.
In the budget 2017-18, the government had proposed amendment to the RBI Act to enable issuance of electoral bonds.
Lauding Prime Minister Narendra Modi for his decisiveness, Jaitley said unlike the previous prime minister (Manmohan Singh), Modi has been decisive in taking steps with regard to demonetisation, surgical strike against Pakistan and the Goods and Services Tax (GST).
Source: News Nation