press trust of india
New Delhi, Feb 6: There is no plan to make Aadhaar mandatory for donors under the electoral bonds scheme, which is aimed at bringing transparency in funding of political parties, the government has informed the Lok Sabha.
The government had notified the scheme on January 2.
“There is no proposal currently to make the use of Aadhaar” mandatory under the scheme, Finance Minister Arun Jaitley said in a written reply in Lok Sabha on February 2.
There was no Lok Sabha sitting on February 2 in view of the death of BJP MP Chintaman Vanga on January 30.
The scheme, he said, is to provide anonymity to the donors but at the same time establish a transparent political funding system with well established audit trail.
884 cos under scanner
As many as 884 companies are under the scanner in various money laundering cases and assets worth `5,000 crore have been attached following probes initiated as per the PMLA, Union Minister P P Chaudhary said Tuesday. However, he said that not a single company has been deregistered on the charges of money
laundering by the government.
As per the inputs supplied by the Finance Ministry, “884 companies are under investigation in various money laundering cases,” the Minister of State for Corporate Affairs said in a written reply to Rajya Sabha.
40 ibc resolutions done
As many as 40 corporate insolvency resolutions, under the Insolvency and Bankruptcy Code, have been completed, Union Minister P P Chaudhary said Tuesday.
“By December 2017, 40 transactions of corporate insolvency resolution process (CIRP) were completed,” the Minister of State for Corporate Affairs said in a written reply to Lok Sabha.
Out of these, 10 transactions resulted in resolution plan being approved by adjudicating authority and 30 translated into liquidation of corporate debtors, he added.
67 FDI proposals okayed
As many as 67 foreign direct investment proposals worth `11,703 crore were approved during the first nine months of the ongoing fiscal, the Rajya Sabha was informed Tuesday. In a written reply, Minister of State for Finance P Radhakrishnan said: “The government has cleared 67 FDI proposals April 1, 2017 to December 31, 2017.” An FDI proposal worth `532 crore of Metaffinity Pvt Lt, an investment holding company, got the government’s nod, the minister said. “The FDI is to be brought in by Canada Pension Plan Investment Board and Pantheon-HK Project Universe, LP, for up to 49 per cent stake in the form of non-voting equity share of Metaffinity Pvt Ltd,” according to the reply.
