Terming the ruling as a "victory for the Constitution and the war against corruption", Swamy said it has also "empowered all of us who are fighting against corruption."
"It has empowered the citizen to go directly to the court to seek an inquiry against any act of corruption without seeking a sanction," he said.
Swamy also lauded the apex court for fixing a four months' deadline for the sanctioning authority to take a decision on a plea for grant of sanction to prosecute a public servant, failing which the sanction would be deemed to have been given.
"The delay won't be accepted beyond three months as the government has to decide on sanction and if they want to consult the Attorney General, then one month more. So, maximum within four months, it (government) has to decide, else it will be treated as deemed sanction," he said.
He also urged Prime Minister Manmohan Singh to issue an ordinance amending section 19 of the PCA, which deals with grant of sanction for prosecution of a public servant.
"I urge the Prime Minister (PM) to atone for his past delay by issuing an ordinance amending section 19 of the Prevention of Corruption Act," he said. Swamy said that the PM can now be approached directly by any private person seeking sanction.
"Anybody can (now) get inquiry conducted by the court without needing any sanction. Sanction is required only at the stage of trial and not at the stage of inquiry," he further said.