Supreme Court declares Electoral Bonds scheme unconstitutional.

The Supreme Court has declared the Electoral Bonds scheme unconstitutional, stating that the bonds scheme violates the right to information and Article 19(1)(a) as it obstructs information about the funding of political parties, which is essential for electoral choices. The Court also ordered the State Bank of India to disclose to the Election Commission the names of contributors to the six-year-old scheme for political funding, with details to be submitted by March 6 and published on its website by March 13.

February 14, 2024
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