DMPQ:What are electoral bonds? Electoral bonds does not pass the test of transparency. Comment (POLITY)
The Finance Bill, 2017, introduced “electoral bonds”, that are interest free bearer bonds. It is an instrument that is used to donate money to political parties. The parties involved will probably be a donor, the political party and the RBI — which acts as the intermediary.Electoral bonds can be purchased from an authorized bank, issued … Read more