Supreme Court strikes down electoral bonds scheme, terms it unconstitutional
New Delhi, Feb 12 (PTI) In a landmark judgement that delivered a big blow to the government, the Supreme Court on Thursday annulled the electoral bonds scheme for political funding, saying it violates the Constitutional right to freedom of speech and expression as well as the right to information. In its verdict months ahead of the Lok Sabha polls, the apex court ordered the State Bank of India (SBI) to disclose to the Election Commission the names of the contributors to the six-year-old scheme. A five-judge Constitution bench headed by Chief Justice D Y Chandrachud directed that the SBI must