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The late FM had proposed the scheme while presenting the Union Budget for the 2017-18 fiscal year. According to him, the scheme was 'an effort to cleanse the system of funding of political parties'.
Senior Advocate Kapil Sibal reacted to Supreme Court's verdict on Electoral Bond scheme, saying it is a significant judgement.
Electoral Bonds Scheme Verdict: The electoral bonds scheme was notified by the Centre on January 2, 2018, as an alternative to cash donations made to political parties to bring transparency in political funding.
Despite the fear that Supreme Court verdict can add to volatility and uncertainty ahead of elections, fund managers say earnings, geopolitical issues and the Red Sea crisis are the main triggers to watch out for
The Allied Peoples Movement (APM) on Friday in Osogbo urged Osun’s Gov. Ademola Adeleke to reinstate the suspended Chief Judge, Justice Adepele Ojo, in recognition of Thursday’s decision by the National Judicial Council (NJC).