The Hindu News Update Service: "New CII chief to promote political donations by cheque
New Delhi (PTI): As campaigning picks up for the Lok Sabha elections, the newly elected President of industry body CII, Venu Srinivasan, has said he will promote a transparent way of donations to political parties by business houses.
'Companies should do it (election funding) transparently. If it becomes transparent it is good for the polity, good for society,' Srinivasan told PTI.
He said the Confederation of Indian Industry (CII) has been promoting the idea of transparency in political donations. In any case, he said, it has become difficult for business houses to deal only in cash."
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