Questions remain over electoral financing bonds

The rise in crowdsourcing funds in India comes at a time when the country is debating the role of electoral bonds for political parties.

Launched in January last year, this facility allows Indian citizens or an entity incorporated in India to buy these bonds in pre-specified amounts from a public-sector bank. The bonds, which are valid for only 15 days, can then be deposited in official bank accounts of the registered political parties they are intended for.

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content
A version of this article appeared in the print edition of The Sunday Times on April 07, 2019, with the headline 'Questions remain over electoral financing bonds'. Print Edition | Subscribe