Ruling BJP got 95% of funds: Why there's an uproar over electoral bonds

ADR's findings reveal that electoral bond scheme brought a windfall for the ruling BJP ahead of Lok Sabha Elections 2019

electoral bonds, funding, election, election funding

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ADR's report shows funding through electoral bonds is skewed heavily towards national parties, with the BJP walking away with the lion's share. Illustration: Ajay Mohanty

BS Web Team New Delhi

6 min read Last Updated : Apr 05 2019 | 1:37 PM IST

The Supreme Court will on April 10 hear a plea challenging the validity of the Centre's decision on issuance of electoral bonds for political funding. Several NGOs, Opposition parties, and even the Election Commission of India have raised concerns over the use of electoral bonds, which is a bearer Banking Instrument to be used for funding eligible political parties.

Association for Democratic Reforms (ADR) recently filed an application in the court seeking a stay on the Electoral Bond Scheme. It said that amendments carried out in the relevant Acts have "opened the floodgates to unlimited corporate donations to political parties

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