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Tag: Electoral Trusts Scheme
Electoral Trusts Scheme: Utter non-transparency in political funding & an unholy nexus between big corporate giants and major political parties
The rise of the Electoral Trusts scheme, post-electoral bonds, with minimal transparency to the public, underscores the persistence of corporate dominance in political financing: the massive 2024-25 mop up of ₹1,179 crore—the total sum funnelled by these Electoral Trusts - is close to the entire 2025 budget allocation for judiciary infrastructure or the estimated funding for cutting-edge R&D at Bhabha Atomic Research Centre (BARC)!