The Supreme Court of India has said that, electroral bond scheme violates Article 19(1)(a) and Right to Information Act.
The court said, “Curbing black money and ensuring anonymity of donors can’t be grounds to defend electoral bonds or need for transparency in political finding.”
About the scheme, Electoral bonds were introduced under the Finance Act, 2017 – the RBI Act, the Income Tax Act and the Representation of People Act.
