| Section | Content |
| Introduction | The Supreme Court’s recent judgment on electoral bonds goes beyond declaring the scheme unconstitutional, emphasizing transparency in political funding. |
| Factual Background | The court addressed concerns about transparency, validated the Election Commission’s criticism of the scheme, and dismissed the government’s argument against disclosure. |
| Legal Issues | Emphasis on citizens’ right to information, prevention of corruption, and quid pro quo transactions in governance. |
| Applicable Law | The judgement is based on the Section 29 A of Representation of the People Act,1951;Article 19(1)(a) of the Constitution;Section 182 Companies Act,2013. |
| Analysis | The judgement highlights the necessity of disclosing donation information to prevent corruption and promote accountability in political funding. |
| Conclusion | The court’s decision opens the path for disclosing donation details to political parties, promoting transparency and accountability in political funding. |
| Current Scenario | The State Bank of India is directed to submit details of electoral bonds purchased since April 2019 to the Election Commission, which will publish the information by March 13, 2024. |
SOURCE-THE HINDU
READ MORE-ELECTORAL BOND
