BJP

[Chamak_Chandra]

Prashant bushan fought against 2G&Coalgate& many other Cong scams. Wrote book on Bofors scam.But after seeing Birla/Sahara evidence of 65Cr payoffs to Modi,the Karnataka mining scam of Yeddy/Reddy Bros, the Goa Mining scam of Parrikar/Parsekar& Rafale Mega scam of Modi,clear BJP is as corrupt.

[Chamak_Chandra]

Kudos to Supreme Court for cancelling all 88 iron ore mining leases granted 2nd renewal by Goa's BJP govt, in a hasty & malafide manner just days before new mining Act came in Jan 15 making auction mandatory.This renewal was worse than Coalgate & a bigger scam. Honest BJP indeed!

[Chamak_Chandra]

BJP and Congress collude to save each other from Delhi High Court judgment that held them guilty of taking foreign money. Please do read and share this article that exposes the sinister clause in the Union Budget

[Chamak_Chandra]

 2014, when the Delhi High Court issued an order that found both the Bharatiya Janata Party (BJP) and its principal rival, the Indian National Congress, guilty of accepting donations from foreign corporations. Under the terms of Foreign Contribution (Regulation) Act 2010 (FCRA), a “foreign source” is defined as a company that has “more than one-half of the nominal value of its share capital held” by “corporations incorporated in a foreign country or territory”. By that definition, the Delhi High Court ruled, multiple donations from the London-based natural resources giant Vedanta (among a few others) provided to both parties ran afoul of the law on the books.

Caught red-handed by the court and referred to the Election Commission for punitive action, the two national parties got creative. In 2016, under the cover of darkness, the present Finance Minister inserted another seemingly routine clause into that year’s Finance Bill, retroactively amending the 2010 FCRA law in order to redefine what a “foreign source” actually is.

The Bill, which was soon passed into law, stated that a company will no longer be deemed a foreign source under FCRA as long as the “nominal value of share capital is within the limits specified for foreign investment.” In other words, majority foreign ownership would no longer be the standard by which a company would be deemed to be “foreign” or not; instead, as long as the share of foreign investment in a given company was in line with sector-specific limits designated by the government, such companies would be deemed to be Indian companies under the law.