Supreme CourtтАЩs Judgement On The Electoral Bonds Scheme
Recently, the Supreme Court has been in the news for striking down the Electoral Bonds
Scheme of 2018. Why Did The Supreme Court Struck Down The Electoral Bonds Scheme?
The following are the reasons that the Supreme Court of India gave for striking down the
Electoral Bond Scheme:
1. It was violating the Right to Information under Article 19(1)(a).
2. It was also creating problems in conducting free and fair elections.
Further in the judgment, the Supreme Court also said the following things:
Firstly, it ruled out the process of making the donations anonymous.
Secondly, electoral bonds can be used as a means by big companies to influence the legislation
in the country in their favor, being inclined towards a capitalistic mindset which is against the
principles of our preamble.
Why Was The Electoral Bonds Scheme Introduced?
The Electoral Bonds were introduced for the following reasons:
1. In order to curb the flow of black money in the market.
2. To bring more transparency in the donation process to the desired political parties.
Conclusion:
This decision of the Supreme Court offers a level playing field to all political parties to win
elections in a fair and equitable manner. Secondly, it also ensures that big capitalists of the
country are not making the legislatures their puppets by giving them lots of money as donations
prior or during the elections.
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| Ms. Prerna Gupta, |
