Ban on electoral bonds before elections: Big a blow for BJP?
In the election year, the supreme court has given a big decision regarding election donations. Now political parties in india will not be able to take donations through electoral bonds. On february 15, the Constitutional Bench of the supreme court declared electoral bonds unconstitutional. Electoral bond is a type of promissory note, which is also called bank note. It is used to collect donations above Rs 2000. In 2017, the indian government used it for the first time to collect election donations.
The government of india had argued at that time that the cash system of donations promotes black money, hence the facility of electoral bonds has been started. However, many parties opposed it.
Case pending for 4 years, hearing for 3 days
The Association for Democratic Reforms (ADR) had filed a petition against electoral bonds in 2019. ADR had demanded a ban on it in its petition. ADR said that this bond is a wrong step towards electoral reforms.
This case remained pending in the supreme court for 4 years. The Constitutional Bench heard this in november 2023. This bench included Chief Justice DY Chandrachud, Justice sanjeev Khanna, Justice BR Gavai, Justice jb Pardiwala and Justice Manoj Mishra. The Constitutional Bench of the supreme court heard the entire matter for 3 days and reserved its decision on 2 november 2023. The supreme court has given its verdict 105 days after completing the hearing.