The new scheme to buy electoral bonds seeks to ‘cleanse the system of political funding’, but without revealing the names of donors. The day that everyone interested in political and electoral funding had been waiting for since February 2, 2017, finally arrived on January 2. It took the finance minister and all the bureaucrats under […]
Finance Minister Arun Jaitley, in his 2017 budget speech, stressed the government’s commitment to cleansing the system of political funding. ‘Money power’ is the bane of our electoral system. Political parties are collecting and spending huge amounts of money for elections, 70 percent of which is from unknown sources and a substantial percentage is, allegedly, […]