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SC refuses to grant interim stay on operation of Electoral Bonds

A bench headed by Chief Justice Ranjan Gogoi said, the issue requires detailed hearing and, therefore, it will be taken up on April 10.

Advocate Prashant Bhushan, appearing for the NGO alleged that thousands of crore of rupees are anonymously being given to political parties.

Attorney General KK Venugopal, appearing for the Centre, said electoral bonds scheme was brought to check the flow of black money into political funding.

ADR’s application seeks stay on the Electoral Bond Scheme, 2018, which was notified by the Centre in January last year.

The BJP-led NDA government had announced electoral bonds in the earlier budget, claiming that the scheme would clean up political funding.

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