What is the electoral bond? And what is the way ahead?
What is the electoral bond? And what is the way ahead?

What is the electoral bond? And what is the way ahead?

The Supreme Court on Friday, March 15, 2024, issued notice to the State Bank of India for not releasing the bond numbers in the electoral bond data submitted to the Election Commission of India.

DSIJ Intelligence Article rating: 3.6

Electoral bonds are like special notes that people or companies in India can buy to donate money to political parties. They're bought from specific branches of a bank, usually in January, April, July, and October, and sometimes during election years. These bonds come in different amounts, from Rs 1,000 to Rs 1 crore. Some people worry that this secrecy could lead to shady dealings and corrupt practices, while others see it as a way to support causes without fear of reprisal.

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