Page 10 - Latest Updates on Electoral Bond
Ahead of electoral bond hearing, Chidambaram slams BJP on fund raising
The BJP hit back at Chidambaram for his remark, saying it is piteous that Congress opposes any attempts made to ensure a more transparent and democratic political funding system
 "Ahead of electoral bond hearing, Chidambaram slams BJP on fund raising")
SC bench to hear pleas challenging electoral bond scheme from Oct 31
A five-judge constitution bench of the Supreme Court is scheduled to commence hearing from October 31 a batch of pleas challenging validity of electoral bond scheme for political funding of parties
 "SC bench to hear pleas challenging electoral bond scheme from Oct 31")
SC refers to 5-judge bench pleas challenging electoral bond scheme
The bench said the matter will be taken up on October 30, the date of hearing fixed earlier
 "SC refers to 5-judge bench pleas challenging electoral bond scheme")
The opacity of transparency: A deep dive into India's electoral bond system
ARCHIS MOHAN dives into India's electoral bond system, where political finance, corporate interests, and anonymity collide, sparking debates on transparency and the pulse of democracy
 "The opacity of transparency: A deep dive into India's electoral bond system")
Electoral bonds are legalised bribery, golden harvest for BJP: Chidambaram
The govt on Friday approved the issuance of the 28th tranche of electoral bonds that will open for sale for 10 days beginning October 4
 "Electoral bonds are legalised bribery, golden harvest for BJP: Chidambaram")
Govt approves 28th tranche of electoral bonds, sale from October 4
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
Electoral Bonds form over half of donations to political parties: Report
More than half of all donations received by political parties between 2016-17 and 2021-22 were through Electoral Bonds and the BJP received more funds than all other national parties put together
 "Electoral Bonds form over half of donations to political parties: Report")
EC launches portal for parties to file financial statements, contributions
The portal will facilitate the online filing of Contribution Report, Audited Annual Account and Election Expenditure Statement by political parties
 "EC launches portal for parties to file financial statements, contributions")
Govt authorises sale of 27th tranche of electoral bonds from Monday
The decision comes ahead of assembly elections of Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana, and Mizoram
 "Govt authorises sale of 27th tranche of electoral bonds from Monday")
Govt approves issuance of 27th tranche of electoral bonds, sale from July 3
The decision comes ahead of assembly elections of Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram. Poll dates are likely to be announced in a couple of months
 "Govt approves issuance of 27th tranche of electoral bonds, sale from July 3")
Electoral bonds worth Rs 970 crore sold ahead of upcoming Cognizant
This time, sales at the SBI branch in Hyderabad were the highest, followed by Kolkata, Mumbai, Chennai, and New Delhi
 "Electoral bonds worth Rs 970 crore sold ahead of upcoming Cognizant")
10 regional parties received Rs 852 cr via electoral bonds: ADR report
Ten regional parties, including the DMK, BJD, YSR Congress, JDU and the AAP, have declared receiving Rs 852.88 crore donations through electoral bonds in 2021-22, according to an NGO
 "10 regional parties received Rs 852 cr via electoral bonds: ADR report")
Centre clears 26th tranche of electoral bonds; sale from Monday
Karnataka will for polls on May 10. Votes, as per the Election Commission schedule, will be counted on May 13
 "Centre clears 26th tranche of electoral bonds; sale from Monday")
SC to decide if electoral bonds need to be referred to bench on April 11
The electoral bond scheme was implemented by the Centre in 2018 as a source of political funding
 "SC to decide if electoral bonds need to be referred to bench on April 11")
66% income of 7 national parties from electoral bonds, unknown source: ADR
More than 66 per cent of the total income of seven national parties in 2021-22 came from "unknown sources" like electoral bonds, which accounted for a whopping 83 per cent, according to the ADR
 "66% income of 7 national parties from electoral bonds, unknown source: ADR")
Bulk of over Rs 12,000 cr electoral bonds sold donated to BJP: Chidambaram
He further slammed the corporates for donating money through electoral bonds to the government
 "Bulk of over Rs 12,000 cr electoral bonds sold donated to BJP: Chidambaram")
64.74% of electoral bonds redeemed between March 2018 and November 2022
An individual can buy bonds, either singly or jointly with other individuals. No limit exists on the number of electoral bonds that a person or corporate entity can purchase
 "64.74% of electoral bonds redeemed between March 2018 and November 2022")
Over 96% of TMC's income came from electoral bonds in 2021-22: Audit report
Over 96 per cent of income of the Trinamool Congress in 2021-22 came from electoral bonds, according to the party's annual audit report
 "Over 96% of TMC's income came from electoral bonds in 2021-22: Audit report")
Govt allows sale of electoral bonds through 29 SBI branches from Dec 5-12
The Government on Saturday authorised sale and encashment of electoral bonds through 29 branches of State Bank of India (SBI) across the country between December 5 and December 12, 2022
 "Govt allows sale of electoral bonds through 29 SBI branches from Dec 5-12")
Electoral bonds worth Rs 10,246 crore sold by SBI in 21 tranches
About 93.5 per cent of total bonds sold were in the denomination of Rs 1 crore, according to an RTI
 "Electoral bonds worth Rs 10,246 crore sold by SBI in 21 tranches")
