Put back the cap on political funding
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An amendment to the Companies Act 2013 which will come into action on 1st July 2017 :
* removes cap that barred companies from donating more than 7.5% of their average net profit to a political party
* removes the mandatory requirement for a company to disclose the name of thepolitical party to which donation is made
Look at America and how powerful and destructive the nexus of private companies and political parties are. Take the example of overpriced medications. Take health insurance. Take climate change.
We need to stop this poison from spreading to India.
I am a strong Modi supporter but this is against what i voted for.
Let's take a stand. Please help me in making sure Arun Jaitley, the honorable finance minister, withdraw this amendment.
Lets stop this mistake before its made.
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