Electoral bonds pdf download 2024 | electoral bonds funding party wise pdf
Electoral bonds are a financial instrument introduced in India in 2018 as a mechanism for political funding. These bonds are essentially bearer instruments that citizens and corporations can buy from specified branches of authorized banks using money from their bank accounts. The bonds can then be donated to political parties, which can encash them only through designated bank accounts within a limited period.
One of the key features of electoral bonds is anonymity, as the donor's identity is not disclosed to the recipient political party or to the public. Proponents argue that this anonymity protects donors from potential backlash or favoritism, while critics raise concerns about transparency and the potential for misuse, as it could allow for undisclosed corporate influence on political parties.
Electoral bonds were introduced as a way to promote transparency in political funding by shifting away from cash donations and encouraging digital transactions. However, the system has also faced criticism for potentially undermining transparency and accountability in political finance.
"electoral bonds funding party wise pdf" 2024
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electoral bonds funding party wise pdf 2024
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