Lowering the limit for anonymous cash donations from Rs 20,000 to Rs 2,000 will not help bring about transparency in political funding, experts and critics said on Wednesday. Chhokar, a retired IIM Ahmedabad professor, said the law never barred political parties from declaring donations below Rs 20,000. “The law was that the political parties were bound to declare donations over Rs 20,000. Political analyst Amulya Ganguli said that lowering the cash limit may make political funding even less transparent than before. “It shows that the government is not very serious on the issue of black money finding way into funding of political parties.”

Source: Hindustan Times February 01, 2017 16:40 UTC