As per new rule, the political parties have to disclose the identity of the person for donations of more than Rs 2000 ($29). Earlier, political parties were allowed to receive anonymous cash donations up to Rs 20,000 ($ 296).
The decision is considered as positive move by the government to promote transparency and accountability in the political funding.
“Move to bring transparency in political funding by the government is a welcome move. But simply lowering the limit of political donations may not be sufficient to bring complete transparency in the political funding process,” Sushmita Dev, Member of Parliament of the opposition Congress Party told Sputnik.
While Janata Dal-United leader Sharad Yadav is not optimistic about the government’s move.
“Government’s decision will hardly make any impact on the political funding. In fact, instead of making one anonymous donors, now the political parties will register more donors to compensate the lowering of amount. So its mere an eye wash by the government,” Sharad Yadav told Sputnik.
