SC Clip Wings of Anonymous Poll Bonds

SC strikes down electoral bonds scheme, terms it unconstitutional months before 2024 national election

Bonds allowed anonymous, unlimited donations to political parties since 2018

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Court rules bonds promoted opacity in funding, enabled quid pro quo deal

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BJP gained over 60% share of Rs 16,000+ crores donated via bond

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Verdict restores transparency & level playing field ahead of 2024 LS poll

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All parties previously relied on bonds for 50-90% of funding

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SC directed SBI to stop issuing fresh bonds, furnish detail

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Move prevents pre-poll anonymous donations to partie

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Big boost for electoral reforms; victory for transparency activism

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India must strengthen laws for political funding disclosure now

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