How electoral bonds fund India’s political parties


politicaparties-donateNew Delhi, Apr 03: Who funds India’s political parties. It is an important question to ask amidst the electoral heat ahead of the 2019 Lok Sabha elections.

The Indian law allows donors of amounts below Rs 20,000 to remain anonymous. In the 2017 Union Budget, the government announced an electoral bond scheme that allowed large scale anonymous donations. As a result, more than half of all the income of national parties in India is derived from unknown sources, says a detailed report by the Association for Democratic Reforms.

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Author: Vicky Nanjappa

just a reporter

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