Electoral Bond
Mode of political funding in India
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Electoral Bonds were a mode of funding for political parties in India from their introduction in 2017 till they were struck down as unconstitutional by the Supreme Court on 15 February 2024. Following their termination, a five-judge bench headed by the Chief Justice directed the State Bank of India to hand over the identities and other details of donors and recipients to the Election Commission of India, which was in turn asked to publish them on its website.
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Electoral Bonds - Joining the dotsThe Judiciary was already dealing with 2 major matters attacking the Constitutional validity of the electoral Bonds and the main ground for challenge was that the Electoral Bonds lack transparency.DNA - Published | |
Electoral Bonds explained: Transparency and anonymity in political fundingElectoral bonds in India allow anonymous donations to political parties. Introduced in 2017, they faced criticism for anonymity and corruption concerns. The recent Supreme Court ruling highlighted..IndiaTimes - Published | |
Supreme Court junks industry bodiesβ 11th-hour plea to stop electoral bonds code disclosureThe Supreme Court dismissed industry bodies' application opposing the disclosure of Electoral Bonds' alphanumeric numbers. The Court rebuffed late interventions and emphasized following proper..IndiaTimes - Published | |
'Unacceptable': SC pulls up SBI for not disclosing all poll bonds related informationThe Supreme Court has instructed the State Bank of India (SBI) to disclose all information regarding Electoral Bonds in its possession, including the unique alphanumeric and serial numbers of redeemed..IndiaTimes - Published | |
Electoral Bond Case: SBI should not be selective in disclosing details, says SCThe Supreme Court says in the judgment, it had asked the SBI to disclose all details and that includes the Electoral Bond numbers as well.DNA - Published | |
Electoral Bonds: SBI moves SC seeking extension of time till June 30 to submit detailsThe State Bank of India (SBI) has moved the Supreme Court seeking an extension of time till June 30 to submit details of Electoral Bonds to the Election Commission of India.DNA - Published | |
SC to pronounce verdict on validity of Electoral Bond todayThe Electoral Bond scheme, which was notified by the government on January 2, 2018, was pitched as an alternative to cash donations made to political parties as part of efforts to bring in transparency..DNA - Published | |
SC reserves verdict on pleas challenging Electoral Bonds scheme, asks poll panel to give details of all political donationsIndiaTimes - Published | |
Citizens don't have fundamental right to know about sources of political funding: Attorney General tells SCAttorney General Venkataramani, in a four-page written submission, emphasised that the Electoral Bonds scheme extends the benefit of confidentiality to the contributor.DNA - Published | |
BJP made clear it will raise funds in 'conspiratorial' manner, says P Chidambaram ahead of Electoral Bond hearingCongress leader P Chidambaram has accused the BJP of raising funds from big corporates in an "opaque, secretive and conspiratorial manner" through the electoral bond scheme. The BJP responded by saying..IndiaTimes - Published | |
