Electoral bonds are a double-edged sword, providing anonymity to donors while raising concerns about transparency in political funding. To what extent have electoral bonds further legitimized capacity in electoral funding?
Main Body
CONCERNS ABOUT OPACITY: As per Association of Democratic Reforms, 95% of the funds from the electoral bonds have gone to the BJP (the ruling party). Hence, other parties are not benefitting due to reduced transparency. The ruling party can always access the details of the donors. It is only the other parties and the public who are kept in dark. Public needs to know which corporation or individual is funding the ruling party. This will prevent crony-capitalism or preferential treatment given by the government to its donors.
Conclusion
Thus, transparency and information about donors are crucial to ensuring free and fair elections.
14 words
RUHANI
Salient Features of the Representation of People's Act
Electoral Reforms
Electoral Bonds
101
Total words
1
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formal_analytical
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