Page 45 - Democratic Reforms News Today

While transparency advocates and opposition leaders say ban is a big win for democracy, Modi’s BJP remains confident.

Learn here what electoral bonds are and how they work. Electoral bonds are a political funding system introduced in 2017.

Indias Supreme Court on Thursday scrapped a seven-year-old election funding system that let individuals and companies make unlimited and anonymous donations to political parties....

      new delhi,    electoral bonds have accounted for more than rs 16,000 crore worth funds contributed to various political parties so far, a lion’s share is estimated to have gone to the bjp, data

The recently-scrapped electoral bonds were interest-free bearer bonds bought by companies and individuals from authorised branches of SBI

Exclusive for Subscribers from Monday to Friday: Why Electoral Bonds and Association for Democratic Reforms (ADR) data about Electoral Bonds are relevant to the UPSC Exam? What significance do topics like Speaker’s role in legislative assembly, Archaeological Survey of India (ASI) and Income-tax Act, 1961 on the Electoral Bonds Scheme have for both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for February 16, 2024.

India's Supreme Court issued an order that would ban electoral bonds, which allowed anonymous donations to political parties, in what is believed to be a major blow to Prime Minister Narendra Modi's ruling BJP.

The apex court declared the opaque electoral bonds scheme, which benefited the BJP the most, to be unconstitutional.

The electoral bonds not just allowed anonymous funding of political parties, but SBI being a public sector bank, ensured that the government had complete and undeclared access to otherwise anonymous donors.

The Supreme Court will today pronounce its verdict on a set of petitions challenging the validity of the electoral bonds scheme.