ToShri Rajiv KumarChief Election CommissionerDear Shri Rajiv Kumar,India’s electioneering has become inordinately expensive with political parties resorting to money laundering, hawala transactions etc. to fill their opaque coffers to fund electioneering through illegal means. Unless the Commission keeps its eyes and ears open to monitoring the flow of money from illegal sources to the political parties, it cannot preempt electoral corruption. I wonder whether the Commission has seen a report on one such trend visible in the stock market indices (https://economictimes.indiatimes.com/markets/stocks/news/billions-of-fii-dollars-may-chase-indian-stocks-in-election-season-heres-why/articleshow/108421283.cms). I suggest that the Commission takes help from experts to help it in containing such flows.

Source: Economic Times March 13, 2024 12:33 UTC