The Supreme Court of India, in a unanimous decision, has declared the electoral bonds scheme unconstitutional. Watch the video to know why the apex court struck it down.

#electoralbonds #supremecourt 

SC strikes down Electoral Bonds scheme, calls it 'unconstitutional'; here's why

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The Odisha government on Thursday approved 20 investment projects worth Rs 1.36 lakh crore, an official statement said.
The High-Level Clearance Authority (HLCA) headed by Chief Minister Mohan Charan Majhi has approved the projects, poised to generate employment for over 74,350 individuals and significantly bolster the state's economic growth, it said.
The approved projects span nine sectors including steel, chemicals, aluminium, aviation fuel, green energy and equipment, apparel and textiles, power and renewable energy and cement.
These projects will be set up in 10 districts of Odisha such as Jajpur, Jharsuguda, Khurda, Sambalpur, Ganjam, Kalahandi, Malkangiri, Dhenkanal, Bhadrak and Jagatsinghpur, it said.
"Through strong cooperation between the state and central governments, we have fostered a business-friendly environment that attracts investors to Odisha. Our focus is on creating an ecosystem that promotes inclusive growth, sustainability, and job creation," Majhi said.
The 

The approved projects span nine sectors including steel, chemicals, aluminium, aviation fuel, green energy and equipment, apparel and textiles, power and renewable energy and cement

The estimated revenue deficit stands at Rs 34,743 crore (2.12 per cent of the GSDP), while the fiscal deficit is estimated at Rs 68,743 crore (4.19 per cent of the GSDP)

The Andhra Pradesh government is expected to present the state budget on Monday, during the assembly session starting tomorrow, according to official sources.
The budget is expected to be presented with just over four months remaining in the FY 2024-25.
The TDP-led NDA government had previously promulgated an ordinance approving a Vote-on-Account budget of Rs 1.3 lakh crore for the period from August to November.
Earlier, the previous YS Jagan Mohan Reddy-led YSRCP government had presented a Vote-on-Account budget in February covering April to July, ahead of the state polls.
As a result, two Vote-on-Account budgets have accounted for the majority of this financial yeareight months in total.
According to the August 1 ordinance by the TDP-led government, the state opted for another Vote-on-Account budget for four months (August to November) due to the new NDA government taking office. The other constituents of the coalition government are Janasena and the BJP.
Meanwhile, the Financ

The budget is expected to be presented with just over four months remaining in the FY 2024-25

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SC strikes down Electoral Bonds scheme, calls it 'unconstitutional'; here's why

The Supreme Court of India, in a unanimous decision, has declared the electoral bonds scheme unconstitutional. Watch the video to know why the apex court struck it down. #electoralbonds #supremecourt

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