Politics

Parliament LIVE: Jaishankar Admits Denial Rates of H1-B Visas Have Risen But 'Not Just for Indian Firms'

Parliament LIVE: Jaishankar Admits Denial Rates of H1-B Visas Have Risen But 'Not Just for Indian Firms'

“Money plays a huge role in politics... it can help form governments and also bring them down. We have all seen how money is being used by leaders of the ruling parties...how they are all flying around in fancy planes,” Sibal said as the Congress walked out of the Lok Sabha over the issue.

The party has demanded that the government disclose all details about the scheme before the House and alleged that it resulted in money laundering and destroyed transparency in the funding of political parties. Describing electoral bonds as a "political bribery scheme", the opposition party said it was a scam that tarnished the image of the Indian democracy. "What we are talking about today leads straight to the PM's office. The BJP govt is running 90 per cent of the business in this country with a few industrialists," senior Congress leader Ghulam Nabi Azad said.

He alleged that the scheme of electoral bonds resulted in money laundering and destroyed transparency in the funding of political parties.

Addressing a press conference here, Azad, along with party colleagues Randeep Singh Surjewala and Anand Sharma, said under the electoral bonds scheme, the donor buying the bonds could hide his identity and at the same time, a political party needed to share the details as regards from whom it got how much money.

"Our demand is that the PM must intervene and the government must disclose full donor information, who donated crores to the BJP coffers, and place this information before Parliament," Sharma said.

The pollution debate will also continue in Parliament today.