The Supreme Court of India has ruled that electoral bonds are not transparent and may violate the principles of transparency and accountability in electoral funding. A three-judge bench, led by Chief Justice Uday Umesh Lalit, was hearing a petition filed by a group of activists, who challenged the introduction of electoral bonds by the government. The court observed that the electoral bond scheme, which allows anonymous donations to political parties, is not transparent and may lead to corruption and money laundering. The court noted that the scheme is in contravention of the principles of transparency and accountability, enshrined in the Representation of the People Act, 1951. The court has directed the government to review the electoral bond scheme and make necessary changes to ensure transparency and accountability in electoral funding. The judgment is a significant milestone in the evolution of the debate about electoral funding in India and is expected to have far-reaching consequences for the government's plans to regulate electoral funding. The court's emphasis on the need to promote transparency and accountability in electoral funding is expected to influence the government's plans to introduce new laws and policies for the regulation of electoral funding. The judgment is also likely to impact the ongoing debate about corruption and money laundering in electoral politics in India. The court's decision is a significant development in the ongoing struggle for transparency and accountability in electoral politics in India and is likely to have significant implications for the country's politics and society.