The Association of Democratic Reforms (ADRA) had released data on the total number of electoral bonds bought and sold from 2018 to 2022. According to this information, SBI had bought and sold 28,030 electoral bonds during this period.
Through this, Rs 1,64,237.60 crore was deposited in the accounts of political parties in the country. Of this, 60 per cent was received by the ruling BJP. While the Congress was in the second place, the Congress got only Rs 1.47 crore through bonds.
This is how the politics of collecting the election was going on. The supreme court of the country, while accepting a petition in this regard, had given a stern order that the State Bank of India will no longer issue electoral bonds. The supreme court declared it unconstitutional and ordered the cancellation.
Chief Justice DY Chandrachud was headed by a five-judge constitution bench that delivered the verdict. The bench was of the view that this rule violates the right to know information and the right to equality guaranteed by the Constitution for the common man.
Following such a tough stand, SBI, which issued these bonds, directed that the details of the bond be made public. The SBI authorities in the court urged the court to give time till June 30, 2024, to make such information public.
However, the bench, while hearing on March 11, 2024, passed a restrained order to make the information public by March 12, 2024. It also directed the Election Commission of India to make this information available on the website by 5 pm on March 15, 2024.
However, the bench, while hearing on March 11, 2024, passed a restrained order to make the information public by March 12, 2024. It also directed the Election Commission of India to make this information available on the website by 5 pm on March 15, 2024.
This tough stand of the court will expose the political anti-incumbency parties held by which capitalist group. Why the undue bargain of the parties in our rule to that capitalist group will be clear.