Electoral Bonds: What the SC judgment means and how political funding is regulated in western democracies

Mehrotra, Abhinav and Upadhyay, Amit (2024) Electoral Bonds: What the SC judgment means and how political funding is regulated in western democracies. ABP Live.

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Abstract

On February 15, 2024, the Supreme Court unanimously struck down the Central government's 2018 Electoral Bonds Scheme. A five-judge Constitutional Bench headed by Chief Justice DY Chandrachud held that the scheme violated the voters' right to information enshrined in Article 19(1)(a) of the Indian Constitution. The court further ordered that the sale of electoral bonds be stopped with immediate effect while directing the State Bank of India (SBI) to submit details of the electoral bonds purchased from April 12, 2019 to date to the Election Commission of India (ECI). The list has to include details of the purchaser as well as the political parties to which the bonds were given. Further, the court ordered the ECI to publish on its official website the information within one week of receiving it from the SBI.

Item Type: Article in News Papers and Magazine
Keywords: 2018 Electoral Bonds Scheme | Supreme Court | Election Commission of India (ECI) |
Subjects: Social Sciences and humanities > Social Sciences > Social Sciences (General)
Social Sciences and humanities > Social Sciences > Political Science
JGU School/Centre: Jindal Global Law School
Depositing User: Subhajit Bhattacharjee
Date Deposited: 14 Mar 2024 11:18
Last Modified: 14 Mar 2024 11:18
Official URL: https://news.abplive.com/blog/electoral-bond-schem...
URI: https://pure.jgu.edu.in/id/eprint/7456

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