ECI

Inside Scoop: Electoral Bonds Drama Unfolds - ECI Seeks SC Approval

🔍 Election Commission of India (ECI) shakes things up in the electoral bonds saga with a surprising move towards the Supreme Court. What's the latest twist? Find out here!

In a dramatic turn of events, the Electoral Bonds case has taken center stage with the Election Commission of India (ECI) seeking Supreme Court approval for various actions. The controversy surrounding the transparency of political fundings and voters' right to information has sparked a legal battle that continues to unfold. The ECI recently uploaded electoral bond data provided by the State Bank of India (SBI), shedding light on the intricacies of the scheme.

Following the Supreme Court's decision to strike down the 2018 electoral bonds scheme as unconstitutional, the ECI moves forward by releasing details of buyers, parties, and donors involved in the process. With over 22,000 electoral bonds bought and redeemed from 2019-24, the magnitude of the issue becomes apparent. The ECI's efforts to make public the electoral bond data signal a significant step towards accountability and transparency in political funding.

As the ECI navigates the legal complexities of the electoral bonds case, the public eagerly awaits the outcome of the Supreme Court's Constitution Bench hearing. With Chief Justice of India D Y Chandrachud presiding over the five-judge panel, the fate of electoral bonds hangs in the balance. Stay tuned for the latest updates on this gripping legal saga!

**Interesting Fact:** The Supreme Court's decision to declare the 2018 electoral bonds scheme unconstitutional marked a pivotal moment in India's political and legal landscape. The repercussions of this ruling continue to shape discussions on transparency and accountability in political funding.

**Interesting Fact:** The release of electoral bond data by the ECI and the subsequent legal proceedings underscore the complexities and challenges surrounding electoral funding regulations in a democratic society.