What is the significance of electoral bonds data in elections

Decoding the impact of electoral bonds data on the electoral process in India.
1. Transparency: Electoral bonds data provides insight into the flow of funds from donors to political parties, enhancing transparency in the electoral process. 2. Accountability: By making information on donors and amounts public, electoral bonds hold political parties accountable for their financial dealings. 3. Influence of big donors: The data reveals the influence of large donors on political parties, potentially impacting policies and decision-making. 4. Leveling the playing field: Understanding the distribution of funds through electoral bonds can help identify if there is a fair electoral playing field or if certain parties have significant financial advantages. 5. Citizen awareness: Increased availability of electoral bonds data can help citizens make informed choices during elections and hold parties to higher standards of integrity.
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Rohit Preparing for Civil Services