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 10 months ago
Mohit Aspirants