Let me share my own views about these. In India, every political party survives with donations from Corporate Companies. No party is an exception for this.
When the New companies act bill was passed by the Congress government in the year 2013, the political contributions from the companies were restricted to 7% of the previous 3 years' average profit. The further company requires the member's approval and compliance in addition to the above.
But the Modi government lifted all the restrictions from 30.03.2017, and now directors can pass resolutions independently.
Sincerely I need a clarification regarding,
Whether such relaxation to corporATE companies will help Swachh Bharath or Make in India on Demonetization? Why it has happened on 30.03.2017 Only. ? Why don't they make it after 2 years i.e post 2019 elections.
How they will donate the shareholder's money to political parties. Where they are going to invest this money?
Finally learned that we are trapped in an Indian Circus company. At least we need to realize how long we are going to continue this Circus performance.
Jai Hind.
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