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Thursday, April 02, 2020

Electoral bonds

ELECTORAL BONDS NEWS

Telling Numbers: Of Rs 6,000 crore electoral bonds, over half sold during 2019 polls

January 24, 2020 7:50 am

Under the scheme, bonds not encashed within the validity period of 15 days are to be deposited by the authorised bank with the Prime Minister’s Relief Fund.

ADR: Electoral bonds worth over Rs 6,000 crore sold so far

January 22, 2020 2:43 am

The data also reveals that 12,173 bonds worth Rs 6,108.47 crore were redeemed during the twelve phases and 59.20% of the total value of electoral bonds were redeemed in two months alone — March (phase VIII) and April 2019 (phase IX).

2/3 donations for top parties from electoral bonds: Data

January 14, 2020 6:57 am

The sale of the thirteenth tranche of electoral bonds started Monday and will continue till January 22 through 29 branches of the State Bank of India.

60% of BJP’s income through donations came from poll bonds

January 11, 2020 7:13 am

The BJP raised a total of Rs 2,354 crore through donations in the financial year 2018-19, which was more than double the income (Rs 1,027 crore) in 2017-18. Of this, almost 60 per cent, that is Rs 1,450 crore, came through electoral bonds.

Electoral bonds: Disclose entities who wanted donor identities to be secret, CIC to DEA

January 10, 2020 3:38 am

On an appeal filed by RTI activist Venkatesh Nayak, the Information Commissioner at the CIC Suresh Chandra has directed the department under the Ministry of Finance to disclose the numbers.

SC to consider plea seeking stay on electoral bond scheme in January

December 04, 2019 3:55 pm

Bhushan, appearing for NGO Association for Democratic Reforms, said that the stay on the scheme was needed as it was being "misused by the party in power" and had become akin for money laundering and channelisation of black money.

In 2017, DEA Secy wrote: Why were electoral bond details shared with RBI?

November 28, 2019 7:19 am

In his August 30, 2017 letter, Goyal asked the RBI to send a draft notification “incorporating the detailed operational modalities” of the proposed bonds within two weeks.

On poll bonds, EC told SC ‘not opposed’ to Scheme but concerned by anonymity

November 24, 2019 4:34 am

On the contentious clause that allows anonymity of the donor, the Centre said this was to protect them from victimisation at the hands of other parties to whom they may not have contributed.

Chidambaram calls electoral bonds 'biggest scam of decade'

November 23, 2019 9:46 pm

The electoral bonds scheme floated by the NDA government has come under scrutiny after reports revealed how the Finance Ministry brushed aside objections raised by institutions such as the RBI and the EC.

Oppn not allowed to raise electoral bonds issue in Rajya Sabha

November 23, 2019 5:37 am

The Congress and other parties gave several notices under Rule 267, seeking the setting aside of the business to take up the issue after news reports suggested that the Finance Ministry overruled objections of the Reserve Bank of India (RBI) on the bonds.