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Feb 15, 2024 · A Constitution bench of the Supreme Court will shortly announce its verdict on the validity of the electoral bonds scheme. The Narendra Modi government had brought the scheme in 2018 with the ...
Feb 19, 2024 · Electoral bonds were introduced in 2017 by the ruling Bharatiya Janata Party (BJP) and enabled individuals and companies to make unlimited and anonymous donations to political parties.
- Astha Rajvanshi
Feb 15, 2024 · In April 2019, the Supreme Court declined to stay the electoral bonds scheme, stressing the need to reduce the cash component in the electoral process. Last November, the court had reserved its verdict on a batch of petitions challenging the constitutional validity of the bonds.
Mar 1, 2024 · In Association of Democratic Reforms (ADR) vs UOI, the Court struck down the Union’s 2018 EB scheme, describing it as unconstitutional. The Bench held that the scheme violated the voters’ right to information enshrined in Article 19 (1) (a) of the Constitution.
Feb 15, 2024 · What was Govt’s rationale behind the introduction of Electoral Bonds Scheme in 2018? 1. Transparency in political funding- Electoral bonds would provide a transparent route for parties to collect funds, as electoral bonds are allowed to be sold only through SBI and to KYC validated individuals only. 2.
Feb 16, 2024 · In its 232-page judgment, the five-judge bench headed by Chief Justice D.Y. Chandrachud declared the scheme as “ unconstitutional ’ as it legalized anonymous donations to political parties....
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Feb 15, 2024 · The electoral bonds scheme has been struck down as unconstitutional. In its verdict, the Supreme Court said the scheme violated the right to information of citizens, impacting free speech and expression under Article 19 (1) (a) of the Constitution.
