The real question in the electoral bonds issue is – will cash make a comeback?

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Key Points

When the number of legislators and parliamentary seats is taken into account, it becomes clear that the donations received by the BJP are proportionally lower than other political parties...

TMC, which received Rs 1,397 crore in donations, has gotten a proportionally larger amount as they have fewer seats in Parliament..

But what must be noted is that even in the previous system of political donations, there was no way to know who had given cash to the political party in question, and whether there was any quid pro quo...

The best way to handle political donations is to introduce a modified version of electoral bonds, with the condition that all the required information would be in the public domain...

While the Supreme Courts ruling on electoral bonds is to be respected, it must be understood that the scheme has been a progressive step toward eliminating the use of black money in elections..

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