New Delhi, India — The Indian Supreme Court verdict on Thursday scrapping an opaque, election funding system has set off powerful tremors in the country’s politics, with transparency advocates arguing that it could expose those involved in a controversial form of political financing ahead of national elections.
Opposition leaders say the judgement represents a setback for Prime Minister Narendra Modi’s ruling Bharatiya Janata Party, whose government introduced the electoral bonds scheme seven years ago and which battled long and hard in the top court to defend the funding mechanism.
