Electoral bonds, the State Bank and the art of evasion

Syllabus: GS-II, Subject: Polity, Topic: Election and RPA, Issue: Electoral Bonds

Context: the Supreme Court declared the electoral bond scheme unconstitutional.

More about the S.C. court ruiling:

  • The scheme facilitated unlimited anonymous funding of political parties.
  • The court ordered the State Bank of India to halt the issuance of electoral bonds.
  • And disclose complete details of bond purchased since April 12, 2019 within 21 days.


  • Transparency in political funding:
    • allows voters to track potential quid pro quo.
    • crucial for maintaining democratic integrity and effective governance.
  • The C. must enforce disclosure timelines to uphold voters’ right to information.

Access to this information empowers voters to make informed decisions.

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