Corporate funding to political parties through electoral trusts

Circa 1996, when the Tatas first floated their electoral trust for funding political parties, a model that was adapted from Germany, it was seen as an idea that was way ahead of its time. Around 18 years down the line, and as the country gears up for the 16th Lok Sabha elections, corporate India is making a beeline for setting up electoral trusts, with the Registrar of Companies (RoC) witnessing as many as 14 such entities till date. 

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