Lok Sabha approves Finance Bill, rejects changes made in Rajya Sabha

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The Lok Sabha rejected five amendments moved by the Rajya Sabha to pass the finance bill on Thursday, completing the budgetary exercise well before the start of the next financial year.

However, finance minister Arun Jaitley invited suggestions from political parties – including the Congress and the Biju Janata Dal (BJD) – to make electoral funding “more clean and transparent”.

“I have an open invitation to all. Please suggest a better system that will ensure clean money and transparency to every extent possible,” he said. “I am only hearing adjectives like ‘clean’ and ‘transparent’. Please give me an ideal combination of the two. We are willing to consider a specific suggestion after we get one.”

Jaitley said most of the donations received by pol


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