NEW DELHI: The Election Commission of India is in favour of bringing down the political contribution limit at which parties have to identify donors from Rs 20,000 to Rs 1,000. The drastic cut in the ceiling on unnamed contributions a political party can receive is expected to strike a body blow to the almost opaque system of current political funding dominated by anonymous donations.
The Election Commission in its draft of revised guidelines on political funding issued to all recognied political parties on Thursday asked all political parties to send their feedback within the next two weeks, failing which it would presume that they have no comments to offer on the issue and the measure would be formally notified. ET was the first to report on December 17, 2013, that the electoral watchdog was working on bringing down the ceiling on unnamed funding to Rs1,000.