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

Bonds allowed anonymous, unlimited donations to political parties since 2018

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

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

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

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

 SC directed SBI to stop issuing fresh bonds, furnish detail

 Move prevents pre-poll anonymous donations to partie

 Big boost for electoral reforms; victory for transparency activism

 India must strengthen laws for political funding disclosure now