The Supreme Court of India ruled that the electoral bonds scheme violated the right to information and free speech, dismissing a review petition against its earlier decision. The scheme’s anonymity favored the ruling party and undermined accountability. The Court mandated disclosure of all related financial details by the State Bank of India and the Election Commission.
On Sunday, Prime Minister Narendra Modi defended the electoral bond system during his visit to Tamil Nadu, acknowledging its imperfections and emphasizing the need for improvement. He dismissed concerns raised by opposition parties and emphasized his government’s focus on developmental initiatives in Tamil Nadu, highlighting its potential for a developed India.
