Information essential for right to vote - SC on Electoral Bonds
In the electoral bonds case, the supreme court ruled unanimously that "information is essential for the right to vote." The supreme court highlighted that political parties are vital to the election process and that voters have a right to the information they need to cast their ballots.
Election bonds are financial instruments that people or corporations can buy from a bank and provide to a political party, which can then redeem them for money. Electoral bonds were first introduced in january 2018. Chief Justice DY Chandrachud stated that the constitution has a duty to safeguard donors' associations, which are revealed when the legislation authorises political donations.
Additionally, contributions are given to parties that are not well represented. Quid pro quo contributions are not an indication of political support. The highest court panel declared in its decision that "the Constitution does not turn a blind eye simply because of the scope of misuse."
Election bonds are financial instruments that people or corporations can buy from a bank and provide to a political party, which can then redeem them for money. Electoral bonds were first introduced in january 2018. Chief Justice DY Chandrachud stated that the constitution has a duty to safeguard donors' associations, which are revealed when the legislation authorises political donations.
Additionally, contributions are given to parties that are not well represented. Quid pro quo contributions are not an indication of political support. The highest court panel declared in its decision that "the Constitution does not turn a blind eye simply because of the scope of misuse."
A five-judge constitutional panel led by Chief Justice Chandrachud had previously suggested looking at different funding methods for political parties until the shortcomings of the existing system were worked out.
Electoral bonds are securities that people or businesses can buy from banks and provide to a political party, which can then redeem them for cash and donations. The financing plan was introduced in 2018.
In an attempt to increase openness in political fundraising, the electoral bonds programme was positioned as an alternative to financial contributions to political parties. According to the provisions of the scheme, only the political parties registered under Section 29A of the Representation of the people Act, 1951 and which secured not less than 1 per cent of the votes polled in the last elections to the lok sabha or a state legislative assembly are eligible to receive electoral bonds.
Electoral bonds are securities that people or businesses can buy from banks and provide to a political party, which can then redeem them for cash and donations. The financing plan was introduced in 2018.
In an attempt to increase openness in political fundraising, the electoral bonds programme was positioned as an alternative to financial contributions to political parties. According to the provisions of the scheme, only the political parties registered under Section 29A of the Representation of the people Act, 1951 and which secured not less than 1 per cent of the votes polled in the last elections to the lok sabha or a state legislative assembly are eligible to receive electoral bonds.