Why in news?
SC said that, electoral bond scheme is not unconstitutional and thus it will not stay it
More about electoral bonds
- As per provisions of the Scheme, electoral bonds may be purchased by a citizen of India, or entities incorporated or established in India.
- A person can buy electoral bonds, either singly or jointly with other individuals.
- Only the registered Political Parties which have secured not less than one per cent of the votes polled in the last Lok Sabha elections or the State Legislative Assembly are eligible to receive the Electoral Bonds.
