Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) is flush with c...
MUMBAI/DELHI - Prime Minister Narendra Modi’s Bharatiya Janata Party is flush with cash in the current Indian general election, and is expected to easily outspend opposition parties, as he seeks a second term in office.
Individuals and corporations donate to Indian political parties, but lack of transparency makes it impossible to follow the money trail. The most high-profile change was the creation of ‘electoral bonds,’ which allow individuals or companies to deposit funds in a political party’s bank account at the State Bank of India.
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