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<h1>Electoral Bond Scheme Terminated: No Replacement Planned After Constitutional Invalidation of Political Funding Mechanism</h1> The government stated no alternative mechanism is being considered for the electoral bond scheme after the Supreme Court declared it unconstitutional. In a written reply to the Rajya Sabha, the law ministry confirmed there are no current proposals to replace the scrapped scheme, which was previously invalidated for violating constitutional rights to information and free speech.