- Electoral bonds a surfed dominated bond that are usually at the specific resection of the month and the date-specific financial institution. But they are all edged of temporary issues.
- Primary downs are not disclosed as the names, nature of the association, a search of funds is free from the discloser.
- Corporate donations are mad open-ended.
No procedure to agents no limitation or on donation on enlisting the donation across the end discloser to the stakeholder are annual returns.
- Donations are not be scrutinized for their nature of funding.
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- Could be from money laundering
- Could be from internal financing to make black money white.
Could be minced from tan hawkers or being occurred from t-notes.
A natural factor of electoral fund utilization has not been addressed by the electoral bank.
- Utilization of donations for party-specific purposes
- Issues with bonds – no provision on post-audit.
- Use of money power – No condition of public sourcing
- Cases of horse-trading and defection (buy Mets)—No the condition of public discloser of franks.
The new allegation is National –
- 88% of party funding during 25years is Rs: 2,0000 crores and more. This large inflation of compared donations.
- Designation Financial authority (RBI) is under the central government. Thus, renting party has a hand on accruing the source of funds.
- Electoral bonds can not address the using stand inter-party policies. Indian system impact cannot be addressed inter-party corruption as the political allegation is free from party termination.
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May ahead: –
- Bonds have standardization. Therein of restore funding issues to an extent.
Only a few months with 15 days of life.
- Denomination spectra
- Only to nationally recognized for parties.
- Unregistered parties, established for the stake of tan concessions can be checked.
- VLCL of EC had to law mechanism of a financial audit.