Lok Sabha elections 2024 | Trivia: When big business was a big 'no'

Take a look at interesting tidbits of history associated with the Lok Sabha elections.

Representative illustration showing a ban sign on a bag of money.

Credit: iStock Photo

In 1969, donations from corporate houses were banned via deletion of Section 293A of the Companies Act.

The government headed by Prime Minister Indira Gandhi introduced the amendment to curb the harmful influence of big business on politics.

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The ban was lifted by the Rajiv Gandhi government in 1985.

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