Changing the laws that govern electoral funding

70% of political funding is from unknown sources; no ceiling on expenditure of political parties

Experience shows that political parties in most countries lack transparency with regard to funding. Some common challenges are unsuitable or overly ambitious legislation, a lack of political will to control the influence of money in politics, the popular acceptance of vote buying, a bias in enforcing rules and an inadequate allocation of resources in enforcing them.

In the Indian context, the two major challenges are: 70 per cent of political funding is from unknown sources and there is no ceiling on the expenditure of political parties. There is an urgent requirement to amend the laws governing electoral funding in India.

Section 77