Electoral Bonds Means donor buys bonds from specified banks
and gives to the political parties, the political party’s drops into election
commission about this bonds. Recent budget sessions the electoral bond issue
forward to RBI, Election commission and Political parties and seeks information
from them. The finance minister said that abolish of accepting Rs 2000/- as
funding to political parties from the individuals in the form of cash.
Benefits From Electoral Bonds
-These will helps in transparency,accoutability among
political parties and avoidance of money laundering.
-Easily avoidance of Quid pro quo in political system.
How its Works Electoral Bonds
-The donor buys electoral bonds from specified banks by the
RBI.
-The donor buys with help of cheques or digital payment
-The bond will given to political party designated account.
-The political parties informs about this bonds in their
election expenditure.
-Only the tax payed money will only enters into elections.
