How can electoral bonds impact the issue of black money in the country
Discuss the significance of electoral bonds in relation to black money and the opinions of political leaders.
- Electoral bonds provide a legal way for political parties to receive donations transparently through banking channels, reducing the use of black money in elections.
- By promoting transparency and accountability, electoral bonds can help curb the influence of illicit funds on the political system.
- However, critics argue that the anonymity of donors in electoral bonds can still allow for the flow of black money into the political system.
- Some political leaders believe that electoral bonds are a step towards electoral reforms and can strengthen the democratic process by promoting clean and transparent funding.
- On the other hand, opponents believe that electoral bonds undermine transparency and uphold the status quo of corrupt practices.
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a year ago