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What are Electoral Bonds and its recent Development - GK Now
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What are Electoral Bonds and its recent Development Electoral Bonds are financial instruments that allow individuals and companies to make anonymous donations to political parties in India. Electoral bonds were introduced in 2018 by the Indian government as a means to promote transparency in politic
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  • What are Electoral Bonds and its recent Development
  • Electoral Bonds are financial instruments that allow individuals and companies to make anonymous donations to political parties in India.
  • Electoral bonds were introduced in 2018 by the Indian government as a means to promote transparency in political funding.
  • Supreme Court Ruling: On February 15, 2024, a Constitution Bench of the Supreme Court declared the electoral bonds scheme unconstitutional
  • The court found that the scheme lacked transparency and violated democratic principles.

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