Supreme Court Unmasks Electoral Bonds as Unconstitutional After Years of Political Cash Routes

Key 2018 to 2024 moments that unraveled the scheme

The Supreme Court of India has ruled that the electoral bonds scheme introduced in 2018 is unconstitutional, saying it violates the right to information and free speech. The court’s decision overturns the government’s claim that bonds would improve transparency by replacing cash donations. Here’s a timeline of how the scheme evolved from 2018 through 2024 and why it ultimately failed in court.