Politics in India is an expensive business, and sometimes lucrative, too.
In this year’s election, parties are expected to spend more than $14 billion — as much as in the United States.
But there has been little in the way of transparency for the huge sums sloshing around.
Reading between the lines of the spreadsheets full of names poses questions about the intersection of government and business in India.
Construction companies, gambling impresarios, pharmaceutical bosses and many more corporate entities and individuals had forked over $1.7 billion in bonds since 2019.
Persons:
Jairam Ramesh, Narendra Modi
Organizations:
State Bank of India, Indian National Congress, Bharatiya Janata Party of
Locations:
India, United States