Electoral Reforms In Indian Polity
Context: 1. Announcement on electoral reforms in the Budget speech. 2. While some considered it as a historic act of cleansing our polity, others saw it as a significant though inadequate step forward in the right direction. The scheme of things: 1. First, he claimed to follow the Election Commission in proposing a ceiling of ₹2,000 on the amount of cash donation that a political party can receive from one person in a year. 2. Second, he announced that political parties would be “entitled to receive” donations by cheque or digital mode from their donors. 3. Third, he proposed a new scheme of Electoral Bonds. 4. Fourth, he said that every political party would have to file its Income Tax return within the prescribed time limit in order to enjoy…