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India Court Strikes Down Controversial Election Funding
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India's Supreme Court has declared the government-approved 'electoral bonds' system unconstitutional, leading to potential implications for the ruling party. The system allowed anonymous political donations through paper bonds issued by the State Bank of India, with a significant portion ending up with the governing party and its allies. The court ruling also mandates the reporting of all funding received by political parties since April 2019, bringing transparency to campaign finance and potentially leveling the playing field.
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How does this decision reflect on the broader political landscape and governance in India?
How might the ruling impact the transparency and accountability of political funding in India?
What measures can be taken to ensure fair and transparent campaign financing in the country?
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