Electoral bonds scheme: The apex court has asked the SBI to give all details of donations via electoral bonds to ECI, which will have to publish it on its website by March 31
The electoral bonds scheme, introduced in 2017, provided anonymous donations to political parties
A five-judge Constitution bench headed by Chief Justice D Y Chandrachud had on November 2 last year reserved its verdict in the matter
The BJP's total contributions stood at Rs 2,120 crore in 2022-23 fiscal, of which 61 per cent came from electoral bonds, according to party's annual audited report submitted to EC
Tamil Nadu has an electorate strength of 6,18,90,348 with women voters outnumbering men as per the integrated final electoral roll of the special summary revision, 2024, released on Monday here
Ten corporates donated Rs 332.26 crore, or 90.66% of total donations
Electoral bonds are encashed by an eligible political party only through a bank account with the authorised bank. SBI is the only authorised bank to issue electoral bonds
The trust gave total donations of Rs 363.15 crore to political parties during the year, according to its filing before the Election Commission
Major political parties, including the BJP and the Congress, have submitted the details to the EC
According to the government notification, electoral bonds shall be encashed by an eligible political party only through an account with an authorised bank
It is to be noted that Mizoram and the first phase of Chhattisgarh assembly polls are to be held on November 7
The decision comes amid campaigning for assembly elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram
While hearing arguments on a batch of petitions challenging the validity of the electoral bonds scheme for funding political parties, the bench observed the ECI should have the up to date data
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Mehta, while citing figures, said they showed that whichever party is the ruling party gets more. "This is my reply not the government's reply," he hastened to add
Under the scheme, electoral bonds can be issued or purchased from some authorised branches of the SBI
The BJP received Rs 5,272 crore and the Congress received Rs 952 crore, while the rest went to other parties
Senior advocate Kapil Sibal said the Electoral Bonds scheme is wholly arbitrary and has to be struck down
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