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OverviewAPI
India's Supreme Court has declared the government-approved 'electoral bonds' system unconstitutional, leading to potential implications for the ruling party. The system allowed anonymous political donations through paper bonds issued by the State Bank of India, with a significant portion ending up with the governing party and its allies. The court ruling also mandates the reporting of all funding received by political parties since April 2019, bringing transparency to campaign finance and potentially leveling the playing field.

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