The Supreme Court has declared India's electoral bonds scheme unconstitutional, citing violations of the right to information and freedom of speech. Introduced in 2018 by the Modi government, the scheme allowed individuals and companies to anonymously donate money to political parties without limits. Despite claims that it would curb black money in politics, the scheme faced criticisms. The court has directed parties to return all bonds, the Election Commission to disclose donations, and the State Bank of India to stop issuing bonds.
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