NEW DELHI (Reuters) – India’s Supreme Court on Thursday scrapped a seven year-old election funding system that allows individuals and companies to donate money to political parties anonymously and without any limits.
The decision is seen as a setback for Prime Minister Narendra Modi’s Bharatiya Janata Party, which has been the largest beneficiary of the system it introduced in 2017.
(Reporting by Arpan Chaturvedi and Krishn Kaushik; Editing by YP Rajesh)
