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India's Supreme Court Bans Political Funding Via Electoral Bonds

India's Supreme Court Bans Political Funding Via Electoral Bonds
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India's Top Court Bans Controversial Political Funding Tool

(Bloomberg) -- India’s Supreme Court struck down the validity of a controversial political funding tool on Thursday, a move hailed for boosting transparency, but may do little to damage the ruling Bharatiya Janata Party so close to elections. Most Read from BloombergJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionIsrael Quits Ceasefire Talks Over ‘Delusional’ Hamas DemandsThe Brutal Reality of Plunging Office Values Is HereTrump Eyes NATO Makeover, Hurried Peace i

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India's top court bans controversial political funding system

Scheme allowed anonymous political donations in the form of electoral bonds. The critical ruling comes ahead of national elections due by May.

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