India’s Supreme Court scraps opaque election funding system

By Thomson Reuters Feb 14, 2024 | 11:38 PM

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)