Small wonder that with a clutch of state elections coming up—particularly the crucial Uttar Pradesh poll—there is speculation about the effects of the ongoing currency swap on the campaigns. The currency swap can potentially disrupt its functioning. There have been various previous attempts to address these problems—from the Goswami Committee on Electoral Reforms (1990) to the Election Commission of India’s (ECI) seminal 2004 report, Proposed Electoral Reforms, and the Second Administrative Reforms Commission in 2008. The flip side of this is greater transparency on the part of political parties. Do you think currency swap will impact the ‘money power’ of political parties in the forthcoming elections?

Source: Mint November 17, 2016 19:49 UTC