DIG­I­TAL, YES TRANS­PAR­ENT, NO

The Modi gov­ern­ment has in­tro­duced four key ‘elec­toral re­forms’ in the past two years, which, ex­perts say, have only made elec­tion fund­ing more opaque

India Today - - THE BIG STORY / POLITICAL FUNDING -

The limit for anony­mous cash do­na­tions has been low­ered from Rs 20,000 to Rs 2,000, but crit­ics say it is mean­ing­less with­out a cap on the amount of money that can be col­lected anony­mously through cash

The re­moval of the cap on cor­po­rate con­tri­bu­tions from 7.5% of a com­pany’s net profit of the past three fi­nan­cial years could en­able rout­ing of black money to po­lit­i­cal par­ties via bo­gus com­pa­nies

Po­lit­i­cal par­ties can now re­ceive funds from for­eign com­pa­nies, a move that has been ve­he­mently op­posed by the Elec­tion Com­mis­sion. Ex­perts say it may re­sult in for­eign coun­tries in­flu­enc­ing In­dian elec­tions

Elec­toral bonds—bank in­stru­ments through which anony­mous pay­ments can be made to po­lit­i­cal par­ties—could re­sult in most cor­po­rate do­na­tions flow­ing only to the rul­ing party

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