Thursday, April 13, 2006

Cash or “black money” to political parties - IIPM Publication

Where India stands out is through a perverse law that does not allow individuals and corporations to openly give money to political parties and politicians through cheque payments. Since the legal route of financing parties has been shut down by law, business houses have to pay cash or “black money” to political parties.

For complete IIPM article click here

Source:- IIPM Editorial, 2006