Hope for Transparency in Political Funding: Jharkhand Congress Awaits SC Verdict on Electoral Bonds

The Centre should not come up with such arbitrary ideas in future, Jharkhand Congress president Rajesh Thakur told PTI.In a landmark judgment, the Supreme Court 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.Thakur said, This is another example of failure of the Modi governments idea.

Jharkhand Congress on Thursday welcomed the Supreme Court's decision to strike down the electoral bonds scheme, expressing optimism that it would pave the way for greater transparency in political funding.

''The Congress welcomes the Supreme Court verdict. The party had earlier termed the bonds as Modi government’s black money conversion scheme, which is unconstitutional. The Centre should not come up with such arbitrary ideas in future,'' Jharkhand Congress president Rajesh Thakur told PTI.

In a landmark judgment, the Supreme Court 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.

Thakur said, ''This is another example of failure of the Modi government’s idea. There are several examples of such failures including demonetisation. We hope the verdict will bring transparency in political funding, which the Congress has been demanding.'' He said now the Centre should look into the issue of agitating farmers.