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Final Up to date: March 22, 2024, 20:31 IST
NEC bought 55 electoral bonds of Rs 1 crore every between April 19, 2019 and October 10, 2022. (Photograph: PTI)
The Silkyara-Barkot tunnel mission — cleared by the cupboard committee on financial affairs in 2018 — was to be accomplished in 2022, however its deadline has been prolonged. NEC bought 55 electoral bonds of Rs 1 crore every between April 19, 2019 and October 10, 2022
Hyderabad-based Navayuga Engineering Firm Ltd (NEC), which is developing the Silkyara-Barkot tunnel in Uttarakhand, a portion of which collapsed final yr, bought Rs 55 crore value of electoral bonds and donated the whole quantity to the BJP, as per information launched by the Election Fee.
A complete of 41 staff have been trapped after a portion of the under-construction tunnel collapsed on November 12, 2023. The employees have been rescued on November 28.
The Silkyara-Barkot tunnel mission — cleared by the cupboard committee on financial affairs in 2018 — was to be accomplished in 2022, however its deadline has been prolonged.
NEC bought 55 electoral bonds of Rs 1 crore every between April 19, 2019 and October 10, 2022.
Navayuga Engineering, the flagship firm of the Navayuga Group, is an engineering and core infrastructure firm, in response to data posted on the corporate’s web site. The corporate stated it has constructed the Dhola-Sadia Bridge — the nation’s longest river bridge — over the Brahmaputra river, spanning a complete of 9.15 km. NEC additionally claimed that it was entrusted with the duty of developing the Polavaram Challenge by the Andhra Pradesh authorities.
As per the NEC’s web site, it’s answerable for many iconic initiatives, together with bridges over the Ganga, the Quazigund to Banihal Freeway mission to make sure all-weather connectivity to north Kashmir via Pir Panjal Pas, a highway vulnerable to closure resulting from extreme climate circumstances.
The Silkyara-Barkot tunnel is a single-tube tunnel divided into two inter-connected corridors by a partition wall. Every inter-connector hall can work as an escape passage for the opposite.
The 4.5 km tunnel mission in Uttarakhand, which is a part of the Centre’s 900 km Char Dham Yatra All Climate Street, goals to enhance connectivity to the 4 pilgrimage websites. A question despatched to Navayuga Engineering didn’t elicit any response.
The electoral bond scheme was introduced by then Finance Minister Arun Jaitley in his Price range speech of 2017-18, pitching it as a substitute for money donations made to political events as a part of efforts to deliver transparency to political funding.
Below the scheme, the title of the donor is thought solely to banks. Electoral bonds are encashed by an eligible political celebration solely via a checking account with the authorised financial institution.
Nonetheless, the Supreme Courtroom in February directed State Financial institution of India, which was the designated lender for issuing these bonds, to reveal particulars of every electoral bond encashed by political events.
Whereas directing SBI, the Supreme Courtroom additionally annulled the electoral bonds scheme for political funding, saying it violates the constitutional proper to freedom of speech and expression and the fitting to data.
(This story has not been edited by News18 employees and is revealed from a syndicated information company feed – PTI)
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