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Showing posts with the label political funds

The Impact of Electoral Bonds on Political Funding in India

Unveiling the Electoral Bond: Shaping Political Funding in India 🇮🇳  👉 Introduction : In an effort to bring transparency and accountability to political funding in India, the concept of electoral bonds was introduced in 2018. Electoral bonds have indeed become a significant tool in the realm of political finance, revolutionizing how political parties receive funds in India.  In this blog post, we will delve into the concept of electoral bonds, examine their impact on the political landscape, and explore the controversies that surround them. 👉 What are Electoral Bonds? Electoral Bonds are a new way to give money to political parties in India without telling anyone who gave it. You can buy these bonds from certain banks, and they come in different amounts, from ₹1,000 to ₹1 crore, so anyone can donate. Once you buy a bond, you can give it to a political party, and they can exchange it for money. The special thing about electoral bonds is that nobody knows who gave the money ...