Political financing refers to the funds used to support political parties and candidates. It plays a crucial role in elections. Sources of financing can include donations, government funding, and loans. Transparency is essential to prevent corruption. In India, regulations govern political donations. The Election Commission oversees compliance. Effective political financing can enhance democracy and ensure fair competition among candidates.
The landscape of electoral financing has become a focal point of concern globally, particularly with the upcoming U.S. presidential and Congressional elections in November 2024, projected to cost...
