Bloomberg Businessweek

BLACK MONEY

A plan to increase transparency in Indian elections may be having the reverse effect
Electoral bond denominations range from 1,000 rupees to 10 million rupees

INDIA’S ELECTIONS ARE AMONG the world’s most expensive. New Delhi’s Centre for Media Studies projects that about $7 billion has been spent on this year’s national races, putting the tally ahead of the $6.5 billion that OpenSecrets.org reported was spent on the 2016 U.S. presidential and congressional campaigns

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