Electoral Bond Scheme Struck Down: Supreme Court Prioritises Transparency in Political Funding

In a historic verdict, the Supreme Court of India declares the electoral bond scheme unconstitutional, citing violations of citizens' right to information. Led by Chief Justice D.Y. Chandrachud, the five-judge bench emphasizes transparency in political funding and directs the State Bank of India to cease bond issuance immediately. The judgment highlights concerns over potential influence on policy decisions and underscores the need for transparent funding methods in Indian politics.