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 opacity in electoral funding?

Electoral bonds were introduced in 2017 as money bills to ensure transparency in political funding in India. Electoral bonds, providing anonymity to donors: (1) the details of donors cannot be divulged by political parties. (2) the bonds are to be cashed within 15 days - thus preventing it to be used as parallel currency. (3) Anonymity clause not near no information - adequate KYC norms are taken.

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