DNA Explainer: What are Electoral Bonds and why did Supreme Court strike down poll funding scheme? Last month, in a landmark verdict, the Supreme Court had struck down the Electoral bonds scheme, and said it violated citizens' right to information. This action came following the rejection of SBI's plea for an extension until June 30 by the Supreme Court. Last month, in a landmark verdict, the Supreme Court had struck down the Electoral bonds scheme, and said it violated citizens' right to information. The electoral bonds scheme was introduced in 2017 by former finance minister Arun Jaitley and was notified in January 2018.

Source: dna March 12, 2024 15:48 UTC