Electoral Funding & Transparency
Electoral funding refers to the system through which political parties and candidates raise and spend money for elections. Electoral finance in India is dominated by opaque funding, with over 70% of political donations historically coming from unknown sources (ADR reports).
Recent Developments
- The most significant recent development in electoral finance was the Supreme Court's verdict on the Electoral Bond Scheme. Introduced through the Finance Act, 2017, the scheme allowed individuals and corporations to donate anonymously to political parties.
- In Association for Democratic Reforms (ADR) v. Union of India (2024), a five-judge Constitution Bench of the Supreme Court unanimously declared the ....
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