Brief by Shorts91 Newsdesk / 03:28pm on 14 Mar 2024,Thursday India
In a significant move for political funding transparency, India's Election Commission has released data on electoral bonds from the State Bank of India, a day ahead of the Supreme Court deadline. The data covers bonds of ₹1 lakh, ₹10 lakh, and ₹1 crore denominations dating back to April 12, 2019. Two lists are provided: one detailing companies purchasing bonds, and another listing political parties encashing them. However, the lack of correlation between the lists prevents direct identification of which companies donated to which parties. This move marks a step towards greater openness in political funding.
