Explained | What's the controversy around electoral bonds?

Name: Explained | What's the controversy around electoral bonds?
Uploaded: 2019-04-06T08:05:36+05:30
Description: This year Rs 1,716 crore electoral bonds have been sold so far, versus Rs 1056 crore in 2018.

This year Rs 1,716 crore electoral bonds have been sold so far, versus Rs 1056 crore in 2018.

Moneycontrol News

April 06, 2019 / 08:05 IST

This year Rs 1,716 crore electoral bonds have been sold so far, versus Rs 1056 crore in 2018. But what exactly are electoral bonds and how does the identity of the bond owner remain a secret?

Does this mean government companies and foreign firms who are not allowed to contribute to political parties, can do so through these bonds? Could this lead to undue foreign influence in Indian elections? And what is the solution to all this?

Watch this video by Moneycontrol's Deputy Executive Editor, Ravi Krishnan for more.

Moneycontrol News

first published: Apr 6, 2019 08:05 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347