"Unveiling the Nexus: Money, Politics, and Anonymous Donations in India"

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Source: The New York Times
"Unveiling the Nexus: Money, Politics, and Anonymous Donations in India"
Photo: The New York Times
TL;DR Summary

A data dump from the State Bank of India has revealed the flow of $1.7 billion in electoral bonds to India's political parties since 2019, raising questions about the nexus between money and politics. The ruling Bharatiya Janata Party (B.J.P.) has received nearly four times as much as the next six parties combined, leading to allegations of using law enforcement agencies to extort businesses for funding. The revelations have sparked controversy and shed light on the lack of transparency in political funding in India.

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