Budget Electoral Funding Cap: Clean and cashless India, not yet!
With as much talk about 'need to cleanse the system of political funding in India', the government was found wanting in its commitment. By capping the maximum amount of cash donation to a political party to Rs 2,000 in the Budget 2017, the government just paid lip service to one the biggest loopholes in electoral funding - cash donations. Interestingly, political parties themselves have become a convenient parking place for black money.
Last Updated: February 1, 2017 | 19:11 IST