Subscribe to our weekly newsletters and never miss out on our current affairs analysis.Subscribe to Newsletter
Essence: The concerns surrounding electoral bonds and the Supreme Court's ruling in a recent hearing on Public Interest Litigation (PIL) by the Association of Democratic Reforms are discussed in this editorial (ADR). Issues of transparency & accountability got further aggravated after amendments were made in 2018, to Foreign Contribution (Regulation) Act (FCRA), 1976.
The ADR PIL challenges electoral bonds as unconstitutional. In effect, electoral bonds give political power to companies, wealthy individual donors, and foreign entities, thus diluting the universal franchise of one voter-one vote. Every vote is not equally valuable if companies can influence policies through hidden donations.
Why you should read this article ?
Help us make sure you are you through an OTP: