Electoral Bonds: The biggest scam in the history of India?
In the context of Indian politics and the electoral process, "Electoral Bonds" have become a controversial issue. These bonds introduce a new financial provision for Indian election funding and political parties, but there is controversy surrounding whether they are appropriate for the country or not.
The introduction of Electoral Bonds was done by the central government in 2018. The purpose of these bonds was to clean up anonymous and secret donations, so that the source of election funds could be direct and impartial. These bonds can be purchased through a private financial institution and then used to benefit political parties.
However, controversy and questions are arising in the context of this type of electoral funding. Many people consider it a dangerous scam for the country, while some see it as a necessary and effective step.
One of the main allegations against Electoral Bonds is that they could become a means for political parties to give secret money, allowing political parties to receive financial assistance with anonymity, which could be dangerous for the country.
According to the opposition, Electoral Bonds could become a means for political parties to give money anonymously, allowing for secret donations, which could harm the rights of citizens.
In addition, a large number of allegations of mandatory nature are also being raised about Electoral Bonds. Due to the mandatory nature, any individual has to be pre-registered to purchase Electoral Bonds, which keeps the identity of the donor giving through these bonds secret.