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Resource centre on India's rural distress
 
 

How opaque electoral bonds edge out transparent funding routes for 7 political parties

-Moneylife.in

More and more big donors of political parties, including corporates, are using the electoral bond (EB) route for making large-sized donations due to the anonymity that provides to the donors. In fact, the annual audit reports for 2018-19 of seven political parties as published by the Election Commission of India (ECI) shows that they have received more than 50% of their donations through electoral bonds, reveals an analysis by Ventakesh Nayak. While Indian National Congress (INC) tops the list in terms of percentage, it is the Bharatiya Janara Party (BJP) that garnered maximum donations through EB route, the analysis says.

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