Electoral Bonds and Transparency: Analyzing the Supreme Court’s Stance on Political Funding in India
This article analyses electoral bonds and their link with the Right to Information, with specific reference to the latest Supreme Court ruling declaring electoral bonds unlawful. The RTI Act is a principle of democracy through which people can ask for information and official operations from the authorities. While electoral bonds as instituted as a method of financing political parties have been perceived to erode this transparency through anonymous contributions. The present judgement of Supreme Court which declares endorsable electoral bonds unconstitutional is a watershed event in Indian democracy. This judgment is examined for its ability to enhance democratic practice because political funding must be transparent and therefore open to public scrutiny.