Apex court to give verdict on Electoral bonds |
The Supreme Court of India, on Friday, is likely to pronounce its verdict on a plea challenging the validity of electoral bonds, after rejecting the Centre`s appeal to let them continue till the end of the Lok Sabha elections. The plea, filed by an NGO, has sought, that either the issuance of electoral bonds be stayed or the names of donors be made public to ensure transparency in the poll process. The central government and the Election Commission have taken contrary stands in the Supreme Court over political funding, with the government wanting to maintain anonymity of the donors of electoral bonds and the poll panel batting for revealing the names of donors for transparency. The Chief Justice of India, Ranjan Gogoi on Thursday had hit out at the government`s stand and stated that electoral bonds were introduced in the system for the elimination of black money, and called the exercise totally futile, if transparency with regard to the donor`s contribution is not maintained.
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