The Supreme Court’s landmark judgment scrapping electoral bonds could have a serious impact on the funding of political parties on the eve of elections. The court ordered the bond issuer State Bank of India (SBI) to submit details of political parties receiving electoral bonds to the Election Commission of India (EC) by March 6. This information should be published on the official EC site by March 13 and after that the bond amount should be returned to the buyers. In short the entire amount has to be returned. The Court…
Read MoreBJP got Rs 5500 crore from electoral bonds while Congress got a few hundred crores.
