Supreme Court's decision to abolish the controversial electoral bond system, allowing anonymous political donations, marks a significant victory for transparency in the country's democratic process. The ruling, coming just before the general election, undermines the opaque funding mechanism that critics argued facilitated the flow of "black money" to political parties. With the court directing disclosure of bond purchasers' identities, the move aims to curb potential corruption and ensure greater accountability in political financing, reshaping the landscape of Indian elections.
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