Modi’s ‘electoral bonds’ triggers a storm from critics

A plan to make political funding more transparent has been heavily criticized by electoral reform activists and constitutional experts. On Jan. 2, Arun Jaitley, the Union Finance Minister in the Bhartiya Janata Party (BJP)-led Indian government, rolled out so-called  “electoral bonds.” In a widely-anticipated speech in parliament, Jaitley claimed that these “interest-free bonds”, which had been announced […]