Political Parties & Funding in India.
Report understanding the relationship between money & politics. - Kuldeep Dhyani, New Delhi, India, 17th April 2019.
Today our society runs on industrial economic balance. Without money, we can not survive even a day in the set up we are living. The balance of economy defines who will win & embrace success.
Money influences people, politics & parties to win elections. All political parties need funds to run their operations. They will not be able to showcase campaigns, rallies or gatherings without monetary support.
There is a big possibility where people vest personal intrusts in the elected government by the influence of money. This is one of the ways for corruption to get rooted in the system by the tactic of favouritism.
A report by the Association for Democratic Reforms suggests that during FY 2017-18, 5 largest National parties declared Rs 1293.05 cr as income from all sources.
Out of two major parties, BJP holds an account of Rs 1,027.34 cr & INC holds Rs 199.15 cr for income from all sources.
Below is the graph depicting income of the top 5 Indian Political Parties & their share from a total of Rs 1293.05 cr.
The report also states that out of total income, the source of Rs 689.44 cr is unknown. It puts a big question mark on the transparency & legitimacy of money received. Here, BJP holds the account for Rs 553.38 cr & INC holds Rs 119.91 cr for income from all unknown sources.
Below is the graph depicting income of the top 5 Indian Political Parties from the unknown sources & their share from a total of Rs 689.44 cr.
The major sources of political funding are by donations/contributions, electoral bonds, membership, intrust from banks, rents or some other small ways.
There has been an argument running on the way funds are collected by these parties. Political funding is been alleged as one of the biggest loopholes to dump black money back into the system as 53% of income of all parties are from unknown sources.
Below is the graph depicting the total ratio of income from known & unknown sources.
Which puts a camouflage on the donors & they harvest the crop of favour cultivating corruption in the system.
The right of equal opportunity in a democracy is at stake when we encourage practices like this in personal intrust. It is a long run concern for which people are careless as they are blinded by the political propaganda driven media engagement.
As "Digital India"" Roars" to put an eye on the money trail to identify any possibility of corruption in the system & a potential threat to the rights of people of the country.
It is not wrong to take donations, wrong is that politicians working for money in politics!
Today our society runs on industrial economic balance. Without money, we can not survive even a day in the set up we are living. The balance of economy defines who will win & embrace success.
Money influences people, politics & parties to win elections. All political parties need funds to run their operations. They will not be able to showcase campaigns, rallies or gatherings without monetary support.
There is a big possibility where people vest personal intrusts in the elected government by the influence of money. This is one of the ways for corruption to get rooted in the system by the tactic of favouritism.
A report by the Association for Democratic Reforms suggests that during FY 2017-18, 5 largest National parties declared Rs 1293.05 cr as income from all sources.
Out of two major parties, BJP holds an account of Rs 1,027.34 cr & INC holds Rs 199.15 cr for income from all sources.
Below is the graph depicting income of the top 5 Indian Political Parties & their share from a total of Rs 1293.05 cr.
Below is the graph depicting income of the top 5 Indian Political Parties from the unknown sources & their share from a total of Rs 689.44 cr.
The major sources of political funding are by donations/contributions, electoral bonds, membership, intrust from banks, rents or some other small ways.
There has been an argument running on the way funds are collected by these parties. Political funding is been alleged as one of the biggest loopholes to dump black money back into the system as 53% of income of all parties are from unknown sources.
Below is the graph depicting the total ratio of income from known & unknown sources.
Indian businessmen consider it as obvious to get favour in returns while donating to political parties. That donation later is paid off by the authoritative manipulations at the cost of taxpayers money.
Electoral bonds are used by companies to directly pay any party of choice where they don't need to reveal there identity; parties need not to reveal the donor's identity as well.Which puts a camouflage on the donors & they harvest the crop of favour cultivating corruption in the system.
The right of equal opportunity in a democracy is at stake when we encourage practices like this in personal intrust. It is a long run concern for which people are careless as they are blinded by the political propaganda driven media engagement.
As "Digital India"" Roars" to put an eye on the money trail to identify any possibility of corruption in the system & a potential threat to the rights of people of the country.
It is not wrong to take donations, wrong is that politicians working for money in politics!
Ye hi toh saara game hai... Neta logo ko ek dusre ke foreign m pde paise ka pta hota hai lekin ye nhi ptaa ki unki party m kon invest kr rha hai....
ReplyDeleteWaah re Bharat Ke Neta sab apni jeb mai bhar leta.. janta agar 2 paisa jayda kma le toh income tax usse jeene nhi deta....