International Journal of Social Science & Economic Research
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Title:
The Hidden Costs of Democracy: The Impact of Political Funding in India

Authors:
Dr. D. Ananda

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Dr. D. Ananda
Associate Professor of Political Science, School of Social Sciences, IGNOU, New Delhi

MLA 8
Ananda, Dr. D. "The Hidden Costs of Democracy: The Impact of Political Funding in India." Int. j. of Social Science and Economic Research, vol. 9, no. 9, Sept. 2024, pp. 3257-3268, doi.org/10.46609/IJSSER.2024.v09i09.008. Accessed Sept. 2024.
APA 6
Ananda, D. (2024, September). The Hidden Costs of Democracy: The Impact of Political Funding in India. Int. j. of Social Science and Economic Research, 9(9), 3257-3268. Retrieved from https://doi.org/10.46609/IJSSER.2024.v09i09.008
Chicago
Ananda, Dr. D. "The Hidden Costs of Democracy: The Impact of Political Funding in India." Int. j. of Social Science and Economic Research 9, no. 9 (September 2024), 3257-3268. Accessed September, 2024. https://doi.org/10.46609/IJSSER.2024.v09i09.008.

References

[1]. Ananda, D. (2023). ELECTORAL BONDS: A PERIL TO DEMOCRACY AND TRANSPARENT ELECTIONS IN INDIA. Journal of Liberty and International Affairs Institute for Research and European Studies - Bitola, 9(1), 90–101. https://doi.org/10.47305/jlia2391090a
[2]. Chatterjee, S., & Sahoo, N. (2014). Corporate Funding of Elections: The Strengths and Flaws. In ORF ISSUE BRIEF (pp. 1–2). https://www.orfonline.org
[3]. Gowda, R., & Sridharan, E. (2012). Reforming political finance in India. Election Law Journal, 11(1), 226-240. doi:10.1089/elj.2012.0117.
[4]. Kondepati, R. (2011). Reforming the Campaign Finance Regime in India. Economic and Political Weekly, 46(52), 70–75. https://www.jstor.org/stable/41719991
[5]. Ministry of Corporate Affairs. (2013). THE COMPANIES ACT, 2013. https://www.mca.gov.in/Ministry/pdf/CompaniesAct2013.pdf
[6]. Ministry of Finance, Government of India. (1961). THE INCOME-TAX ACT, 1961. In https://incometaxindia.gov.in/pages/acts/income-tax-act.aspx. Retrieved September 2, 2024, from https://incometaxindia.gov.in/pages/acts/income-tax-act.aspx
[7]. Supreme Court of India. (2024). Writ Petition (C) No. 880 of 2017. In Supreme Court of India. Retrieved September 1, 2024, from https://main.sci.gov.in/supremecourt/2017/27935/27935_2017_1_1501_50573_Judgement_15-Feb-2024.pdf
[8]. THE REPRESENTATION OF THE PEOPLE ACT, 1951. (1951). In THE REPRESENTATION OF THE PEOPLE ACT, 1951. https://www.indiacode.nic.in/bitstream/123456789/2096/5/a1951-43.pdf
[9]. Union Budget 2017-18. “UNION BUDGET.” Retrieved December 18, 2022, from https://www.indiabudget.gov.in/budget2017-2018/bspeecha.asp
[10]. Vaishnav, M. (2017). When crime pays: Money and muscle in Indian politics. Yale University Press.

ABSTRACT:
Political funding is a cornerstone of democratic governance, influencing both electoral processes and policy decisions. In India, a vibrant democracy with a diverse political landscape, the role of political funding has been contentious and significant. This paper explores the complex relationship between political funding, transparency, and democracy in India, examining how opaque funding mechanisms can undermine democratic ideals and proposing reforms for enhancing transparency. Through a review of legislative frameworks, political practices, and scholarly analyses, this paper aims to examine the impact of political funding on democratic governance in India.

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