Electoral Bond and the Question of Transparency in Indian Politics

Abstract

The source of political funding is important in democracies as it is directly linked with integrity and transparency. Transparency, or lack of it, can either stabilize or hinder the development of a political system. The introduction of electoral bonds in Indian politics sparked a significant debate regarding transparency and accountability in political funding. This article aims to assess the implications of electoral bonds on the transparency of political funding in India. It will analyze the background of electoral bonds, the controversies surrounding their introduction, and their impact on the transparency of political donations. Through a comprehensive review of the literature and an analysis of current developments, this paper seeks to provide valuable insights into the complex relationship between electoral bonds and transparency in the Indian political system.