ISS Previous Year Paper 2017 GS Solution Question 4(b) Black Money and Political Funding in India

ISS Previous Year Paper 2017 GS Solution Question 4(b) Black Money and Political Funding in India. Detailed answer discussing the relationship between black money, politics, and the need for transparency in political funding.

ISS Previous Year Paper 2017 GS Solution Question 4(b) Black Money and Political Funding in India

ISS Previous Year Paper 2017 GS Solution Question

Q.4(b) In view of the prolonged relationship between black money and politics in India, there is now a growing feeling that an effort must be made to cleanse the system of political funding in our country. Do you agree with this feeling? Give reasons for your answer.

Answer :

Yes, there is a strong need to reform and cleanse the political funding system in India. The use of black money in politics undermines democratic values, reduces transparency, and weakens public trust in institutions.

One major concern is that unaccounted funds influence electoral outcomes and provide unfair advantages to certain candidates or parties. This can distort democratic competition and encourage corruption in public administration.

The increasing cost of election campaigns often encourages candidates to seek financial support from undisclosed sources. In return, donors may expect policy favours, contracts, or regulatory benefits, leading to conflicts of interest and misuse of public resources.

Transparent political funding is essential for ensuring accountability and reducing corruption. Measures such as mandatory disclosure of donations, digital transactions, strict auditing of political parties, and stronger oversight mechanisms can help improve transparency.

Institutions such as the Election Commission and regulatory authorities play an important role in monitoring political finance and enforcing compliance with legal provisions.

Therefore, efforts to eliminate black money from political funding are necessary to strengthen democracy, improve governance, and promote public confidence in the political system.

Conclusion

A transparent and accountable political funding system is essential for the health of democracy. Reducing the influence of black money can promote fair elections, strengthen governance, and enhance citizens' trust in democratic institutions.