HONOURABLE SUPREME COURT OF INDIA DECLARED THE ELECTORAL BONDS SCHEME UNCONSTITUTIONAL AND SBI HELD RESPONSIBLE TO UPDATE ALL FUNDING ISSUED WEF-12-4-2019 TO DATE

Honourable Supreme Court of India in a decision taken today on 15-2-2024 has declared the Electoral bonds Scheme to be unconstitutional under law and issued necessary directions to the twenty nine branches of the SBI for not to issue bonds in the future. It is particularly mentioned here that the said scheme has been started by the Government of India since 12-4-2019 and now it has been directed by the honourable supreme Court of India to issue update  enumeration of the accounts to date of the decision to hold electoral bonds scheme, in favor of the political parties taking no cognisance of the RTI Act adjudication under law code manual prefixed by the Constitution of India, in this behalf since 2005 list by way and virtue of which the National campaign Committee working on the captioned subject of promotion of the RTI has demanded said transparency and accountability in the political parties accounts however no performance in the issue and matter considered by the honourable Supreme Court of India in this behalf, today on 15-2-2024 and it is particularly noticed for the future to hold the said Scheme of the electoral bonds funding for the political parties and directed the SBI to issue pending accounts for the period wef 12-4-2019 to date total enumeration of the said scheme for funding to political parties taking no cognisance of the Right to information Act 2005 and ignoring the true democracy of country being responsible to do needful and maintain transparency and accountability in the public funding, as such in the land mark judgement today on 15-2-2024 the five judges bench issued this judgement of the electoral bonds scheme and declared it to be unconstitutional for the funding without enumeration of the introductory enlistment of the payees.