Discuss the significance of Electoral bonds and the recent plea seeking a review of the SC order rejecting petitions for the seizure of money
Electoral bonds have been a topic of discussion due to a plea seeking a review of the SC order. Evaluate the importance of electoral bonds in the political funding landscape.
- Electoral bonds were introduced to bring transparency in political funding by allowing donors to contribute money to political parties without disclosing their identity publicly.
- They aim to reduce black money in political financing and encourage legitimate, transparent donations.
- The recent plea seeking a review of the SC order highlights concerns about the potential misuse of electoral bonds and their impact on the transparency of political funding.
- Some argue that electoral bonds could be misused by foreign entities or illegal sources to fund political parties.
- The plea also raises questions about the need for stricter regulations and transparency measures in the electoral bond scheme to ensure accountability and prevent corruption.
Answered
3 months ago