Supreme Court Judgment on Electoral Bond Scheme
On 15th February, 2024, in a landmark unanimous judgment, a five-judge Constitution bench of the Supreme Court (SC) struck down the electoral bonds scheme terming it as “unconstitutional and manifestly arbitrary”.
Background
- Introduced in 2018, the electoral bonds scheme allows corporations and individuals to anonymously donate money to political parties by purchasing electoral bonds from the State Bank of India (SBI).
- This scheme was challenged by a number of parties, including the Communist Party of India (Marxist), Common Cause and the Association for Democratic Reforms (ADR).
- The petitioners argued that citizens have a right to information about the parties and ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Gender Neutrality in Indian Laws: An Unfinished Agenda
- 2 Global Pandemic Treaty: A Milestone in International Health Diplomacy
- 3 Caste Census: Significance and Challenges
- 4 India-UK Free Trade Deal: Big Gains, Bigger Challenges
- 5 India’s Global Diplomatic Outreach
- 6 The Legal and Ethical Quandaries of Opinion Trading Platform
- 7 Harnessing Technology and Innovation in Indian Aquaculture
- 8 India’s Steady Economic Growth: Resilience in the Face of Global Headwinds
- 9 The Absence of Agriculture in India’s FTA: Causes and Implications
- 10 Indian’s Extended Continental Shelf Claim in Arabian Sea
