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Political funding in India is a major concern under need for electoral reforms in India. The financing of the world's most extensive electoral process remains a perplexing issue, as the involvement of businesses in supporting both disclosed and undisclosed expenditures during elections has been a matter of public knowledge for a considerable period.
Party subsidies or public funding of political parties are subsidies paid by the government directly to a political party to fund some or all of its political activities. Most democracies (in one way or the other) provide cash grants (state aid) from taxpayers' money, the general revenue fund, for party activity.
Official spending by the Election Commission of India and the Government of India was around Rs. 7,000-8,000 crores [2] —i.e. elections have become very expensive for political parties. The Association for Democratic Reforms (ADR) in a report published on 25 January 2017 states that the total declared income of national and regional parties ...
Association for Democratic Reforms (ADR) conducted a study in 2017 which found the total income of political parties in India between 2004–05 and 2014-15 was ₹11,367 crore and that 69% of income from donations below ₹20,000 given to political parties amounting to ₹7,833 crore came from unknown sources. Only 16 per cent of their total ...
If the debate during the elections is any pointer, this is a very real concern of the public in India today". [46] Tavleen Singh, columnist for The Indian Express, has disagreed. According to Singh, India's corporate success is not a product of crony capitalism, but because India is no longer under the influence of crony socialism. [47]
The following is a list of proven scandals in India since independence, including political, financial and corporate scandals. The year, or decade, is when the scandal was first reported. The year, or decade, is when the scandal was first reported.
Political party funding is a method used by a political party to raise money for campaigns and routine activities. The funding of political parties is an aspect of campaign finance. Political parties are funded by contributions from multiple sources.
Political revenue may be collected from small donors or individual citizens ("grassroots fundraising"), who make small contributions or pay party membership dues; wealthy individuals; organizations including businesses, interest groups, professional organizations and trade unions; assessments of officeholders (called the "party tax"); government subsidies; or generally illegal activities ...