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6) Do you think camouflaging the identity of donors in electoral bonds goes against the fundamental tenet of democracy of transparency? Critically analyse. (250 words)

Topic: Effect of policies and politics of developed and developing countries on India’s interests.

6) Do you think camouflaging the identity of donors in electoral bonds goes against the fundamental tenet of democracy of transparency? Critically analyse. (250 words)

The hindu

 

Why this question:

The article discusses in detail in the run-up to the general elections the aspects of concealing the identity of donors in electoral bonds , and how this goes against the fundamental tenet of democracy — transparency.

Key demand of the question:

The question expects us to evaluate the quotient of transparency involved in the issue of electoral bonds . One has to express opinion as to whether the newly introduced EBS propagates corruption and inhibits meaningful participation of the citizens in the democratic exercise, or not. We have to form our opinion based on a proper discussion and presentation of valid arguments and facts.

Directive word:

Critically analyzeWhen asked to analyze, you  have to examine methodically the structure or nature of the topic by separating it into component parts and present them as a whole in a summary. When ‘critically’ is suffixed or prefixed to a directive, one needs to look at the good and bad of the topic and give a fair judgement.

Structure of the answer:

Introduction:

Begin with brief on electoral bonds, how they function.

Body:

  • Discussion should include the following aspects – Electoral bonds were conceived with a view to keeping the identity of the donor secret.
  • The bond does not carry the name of the buyer. The donor does have a genuine fear that if parties in the Opposition get to know how much he has contributed to the ruling party, he will be in trouble when the former come to power. The electoral bond scheme is informed by an appreciation of such fears.
  • Discuss how these bonds were conceived? – their evolution ; money bill, notifications, SC judgements etc.
  • Discuss what can be done to overcome the concerns associated?

Conclusion:

Conclude with a reassertion that Democracy requires an informed citizenry and transparency of information which are vital to its functioning.