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Supreme Court delivers landmark verdict striking down electoral bonds scheme as 'unconstitutional'. Uncover the four major points on which the Court disagreed with the Union government's arguments. Get insights on the implications and the future of political funding in India.
New Delhi, Feb 15 (PTI) The Supreme Court verdict striking down the electoral bonds scheme is a great boon for democracy, former chief election commissioner S Y Quraishi said on Thursday.
A five-judge Constitution Bench of the SC, headed by Chief Justice of India D Y Chandrachud, will begin hearing a batch of petitions challenging the Electoral Bonds Scheme, 2018. Both the RBI and ECI expressed doubts about certain aspects of the scheme in 2017. What were their concerns?
Announced in the 2017 Union Budget, electoral bonds are interest-free bearer instruments used to donate money anonymously to political parties. What is the criticism of the scheme? We explain.
They will be open for sale for 10 days