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ELECTORAL BOND SCHEME NEWS

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Electoral bond scheme: Supreme Court to hear plea for reference to constitution bench next month

December 16, 2022 1:38 am

Noting that the matter has been pending since long, the bench asked, “What is the pressing urgency that it has to be heard on the penultimate day before vacation?” The court said it will hear the matter next month.

Electoral bonds: Political parties get Rs 676 cr from anonymous donors

December 09, 2022 12:40 am

Anonymous donors had given Rs 545 crore in the 22nd sale of EBs conducted between October 1 and 10, according to data available from SBI. Parties got Rs 1,221 crore in the last two months and Rs 389.50 crore in the previous sale in July this year.

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Electoral Bonds: Govt pays Rs 9.53 crore as SBI commission, printing costs

December 07, 2022 2:56 pm

The total amount collected by parties through EBs has gone up to Rs 10,791 crore from various anonymous donors in 22 phases since 2018 when the Electoral Bond Scheme was introduced. As many as 93.67 per cent of EBs are in Rs 1 crore denomination.

Electoral bonds: Supreme Court to hear plea against additional 15-day sale window today

November 22, 2022 8:56 am

The plea filed by Congress leader Jaya Thakur will be heard by a three-judge bench presided by Chief Justice of India D Y Chandrachud.

Electoral bonds worth Rs 10,246 crore sold in 21 tranches by SBI: RTI

November 17, 2022 6:55 pm

Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency to political funding.

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Sale of 'less transparent', physical electoral bonds jumps before polls, show RTI replies

November 10, 2022 11:23 am

RBI had batted for digital-only bonds for fear of misuse, govt sought physical sales for donor anonymity, show replies

In deep freeze, electoral bonds case may come up in SC on September 19

September 16, 2022 7:38 am

The top court questioned claims regarding “complete anonymity” of the purchasers of the bonds and said “it is not as though the operations under the Scheme are behind iron curtains incapable of being pierced”.

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Electoral bonds: Parties mop up over Rs 10,000 crore since 2018

August 01, 2022 8:33 am

Electoral bonds are purchased anonymously by donors and are valid for 15 days from the date of issue. A debt instrument, these can be bought by donors from a bank, and the political party can then encash them.

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No polls, no problem for donors: Parties get Rs 648.48 crore of electoral bonds in April

May 01, 2022 11:27 pm

Political parties encashed bonds worth Rs 9,836 crore since 2018

Court must settle challenge to the electoral bonds scheme quickly. The sanctity of elections is at stake

April 11, 2022 9:11 am

The electoral bonds scheme was first mentioned in 2017 when then Finance Minister Arun Jaitley presented it as a way to reform electoral funding in the country.