Topic: GS2 – Indian polity
- Chief Justice of India D.Y. Chandrachud has swiftly referred the challenge to the validity of the electoral bonds scheme to a Constitution Bench of five judges.
- The move to a five-judge Bench is based on the “importance of the issue,” and the case is scheduled for listing on October 31.
- The case, pending for over eight years in the Supreme Court, will now proceed for resolution.
Why is issue pending in Supreme Court?
The issue related to the validity of the electoral bonds scheme has been pending in the Supreme Court for several years due to various legal and procedural complexities. Some of the reasons for the prolonged delay include:
- Complex Legal Questions: The case involves intricate legal and constitutional queries related to political funding, transparency, and their implications for democratic processes.
- Challenges and Counterarguments: Various stakeholders, including the government, political parties, and civil society organizations, have presented multiple legal challenges and counterarguments in the case. These disputes have extended the legal process.
- Constitutional Matters: Matters related to political funding and electoral procedures often touch upon constitutional issues, demanding in-depth scrutiny to ensure alignment with the Constitution.
- Importance of the Issue: The electoral bonds scheme holds substantial importance as it directly influences political finance and transparency within the democratic system. Recognizing its significance, the Supreme Court has approached the case with careful consideration.
Question: Discuss the concept of electoral bonds in India, highlighting their purpose, advantages, and controversies surrounding their use in political funding.