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What impact do electoral bonds have on political fundraising in India

Explore how the legality of electoral bonds affects the transparency of political donations in India.
  • Electoral bonds provide a legal channel for political parties to receive donations, promoting a more transparent and accountable fundraising process.
  • However, critics argue that the anonymity of donors through electoral bonds undermines transparency as the public cannot identify the sources of funding.
  • The lack of disclosure requirements for political parties receiving electoral bonds raises concerns about potential influence of undisclosed corporate interests on political decisions.
  • The legality of electoral bonds has led to debates on the need for more stringent regulations to ensure transparency in political donations and prevent corruption in India.
  • Overall, while electoral bonds aim to streamline political fundraising, the issue of transparency remains a significant challenge that requires further examination and possible legal reforms.
Answered a year ago
Rahul Aspirants