Amit Shah and his false data on Electoral Bonds | Let Me Explain with Pooja Prasanna
The News Minute・2 minutes read
The BJP received over 21,000 crores in political funding between 2018 and 2024, dominating contributions in India, while other parties also play significant roles in state governance, disproving claims of proportionate funding. Despite the intention of electoral bonds to curb black money, experts argue for banning cash donations as a more effective solution.
Insights
- The BJP received over 50% of the total electoral bond amount given to political parties in India between 2018 and 2024, highlighting a significant concentration of financial support towards a single party.
- Despite the BJP's financial dominance in national politics, state-level parties like DMK, BRS, and Congress govern various states in India, challenging the notion of proportional funding and raising concerns about the effectiveness of electoral bond regulations in curbing black money in political financing.
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Recent questions
What is the purpose of electoral bonds?
To extract money from businesses and curb black money.
Which political party received the highest amount of electoral bonds?
BJP received 8,252 crores, making up 50.3% of the total.
How does the BJP's funding compare to other political parties in India?
BJP received 58% of known political financing, dominating the sector.
What is the criticism against electoral bonds in India?
They do not effectively curb black money in political funding.
Who are some of the political parties governing states in India?
DMK, BRS, and Congress govern various states in India.
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