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Electoral bonds

Rahul Gandhi Slams PM Modi: Calls Electoral Bonds Scheme 'India's Biggest Haftebaazi'

Rahul Gandhi Slams PM Modi: Calls Electoral Bonds Scheme 'India's Biggest Haftebaazi'

Tue, Apr 16, 2024

Congress leader Rahul Gandhi took a jibe at Prime Minister Narendra Modi over his recent ‘pachtaega’ remark on the Electoral Bonds scheme and said that “ye Hindustan ka sabse bada haftebaazi ka scheme hai.”

Shashi Tharoor Criticises PM Modi's Electoral Bond Remark | Lok Sabha Elections 2024

Shashi Tharoor Criticises PM Modi's Electoral Bond Remark | Lok Sabha Elections 2024

Tue, Apr 16, 2024

Congress MP Shashi Tharoor has taken aim at Prime Minister Modi's recent statement on electoral bonds. Tharoor's remarks came in response to PM Modi's interview with ANI, where he discussed the future of electoral bonds. Tharoor accused the BJP of potential extortion and corruption, highlighting contentious issues surrounding the electoral bond system.

BJD got Rs 944.5 crore donations through electoral bonds in six years; Congress seeks clarification

BJD got Rs 944.5 crore donations through electoral bonds in six years; Congress seeks clarification

Sat, Mar 23, 2024

In the initial three years, the party received Rs 213.5 crore in 2018-19, Rs 50.5 crore in 2019-20, and Rs 67 crore in 2020-21. Subsequently, there was a significant increase, with the following three years contributing over Rs 613 crore.

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Electoral bonds data: SBI Chairman Dinesh Kumar Khara tells top court all details in its possession submitted to ECI

Electoral bonds data: SBI Chairman Dinesh Kumar Khara tells top court all details in its possession submitted to ECI

Thu, Mar 21, 2024

Electoral bonds data latest news today: State Bank of India (SBI) said on Thursday that it had filed a compliance affidavit in the Supreme Court containing all the details on electoral bonds in its position to the Election Commission of India (ECI). However, the PSU lender said t

Electoral bonds case: Supreme Court refuses to entertain submissions of ASSOCHAM, CII against disclosure of bond details

Electoral bonds case: Supreme Court refuses to entertain submissions of ASSOCHAM, CII against disclosure of bond details

Mon, Mar 18, 2024

A five-judge Constitution bench headed by Chief Justice D Y Chandrachud referred to the April 2019 interim order passed by the apex court in the case.

SC directs SBI to make complete disclosure of electoral bonds details by March 21

SC directs SBI to make complete disclosure of electoral bonds details by March 21

Mon, Mar 18, 2024

A five-judge constitution bench headed by Chief Justice D Y Chandrachud said there is "no manner of doubt" that the SBI is required to disclose complete details of the bonds.

Election Commission makes fresh electoral bonds data public

Election Commission makes fresh electoral bonds data public

Sun, Mar 17, 2024

The top court dismissed an application of SBI seeking an extension of time till June 30 to submit details of electoral bonds to the Election Commission, asking the bank to disclose the details by March 12.

ECI released electoral bond data, many big companies bought electoral bonds

ECI released electoral bond data, many big companies bought electoral bonds

Fri, Mar 15, 2024

ECI released electoral bond data, many big companies bought electoral bonds, but why does this news not affect the market? Know from Anil Singhvi...

Electoral Bonds: Who is Santiago Martin – Top Purchaser of Electoral Bonds

Electoral Bonds: Who is Santiago Martin – Top Purchaser of Electoral Bonds

Fri, Mar 15, 2024

The Election Commission reveals Future Gaming and Hotel Services Private Limited, led by Santiago Martin, as the highest donor of electoral bonds, contributing Rs 1368 crore between 2019 and 2024. However, the company is under scrutiny by the Enforcement Directorate for alleged violations of the Prevention of Money Laundering Act (PMLA), related to lottery sales from the government of Sikkim in Kerala.

Electoral bonds: Supreme Court issues notice to SBI, says bond numbers not disclosed

Electoral bonds: Supreme Court issues notice to SBI, says bond numbers not disclosed

Fri, Mar 15, 2024

Electoral bonds: The Supreme Court on Friday said that the State Bank of India (SBI) should have disclosed the unique alphanumeric numbers of the electoral bonds received by political parties and sought the bank's response.

Electoral Bond Data: As Election Commission makes data public, these are the biggest donors and recipients

Electoral Bond Data: As Election Commission makes data public, these are the biggest donors and recipients

Fri, Mar 15, 2024

Electoral Bonds data: The data revealed that while the Bharatiya Janata Party (BJP) emerged as the leading political party to receive donations through electoral funds at Rs 5,271 crore, a little-known company, Future Gaming and Hotel Services, emerged as the biggest buyer of electoral bonds at Rs 1,350 crore. The Indian National Congress and the All India Trinamool Congress emerged as the next two largest parties to get donations through electoral bonds.

Election Commission makes electoral bonds data public

Election Commission makes electoral bonds data public

Thu, Mar 14, 2024

According to the data uploaded by the poll panel, the buyers of electoral bonds include Grasim Industries, Megha Engineering, Piramal Enterprises, Torrent Power, Bharti Airtel, DLF Commercial Developers, Vedanta Ltd., Apollo Tyres, Lakshmi Mittal, Edelweiss, PVR, Keventer, Sula Wine, Welspun, and Sun Pharma.

Total of 22,217 electoral bonds purchased from April 1, 2019, to February 15, 2024: SBI to SC

Total of 22,217 electoral bonds purchased from April 1, 2019, to February 15, 2024: SBI to SC

Wed, Mar 13, 2024

In a compliance affidavit filed in the apex court, the SBI said as per the court's direction, it has made available the details of electoral bonds to the Election Commission of India before the close of business hours on March 12.

Opposition Slams Centre on Electoral Bond Issue

Opposition Slams Centre on Electoral Bond Issue

Mon, Mar 11, 2024

Akhilesh Yadav and Ashok Gehlot targeted the central government on the electoral bond issue, Ashok Gehlot said - 'The mega scam will be exposed someday'

Explained: What are electoral bonds? Meaning, purpose, latest news, other important things to know

Explained: What are electoral bonds? Meaning, purpose, latest news, other important things to know

Mon, Mar 11, 2024

What are electoral bonds? Introduced in 2017, electoral bonds allowed individuals and corporate groups to donate unlimited amounts of money to any political party anonymously. Electoral bonds, under the electoral bond scheme, were purchased by donors in fixed denominations from SBI and handed over to any political party that could cash them. The bonds did not require the beneficiary political parties to disclose the name of the donor to anyone, even the Election Commission of India (ECI).

Supreme Court orders SBI to share electoral bond details by Tuesday, rejects plea seeking time till June 30

Supreme Court orders SBI to share electoral bond details by Tuesday, rejects plea seeking time till June 30

Mon, Mar 11, 2024

The Election Commission of India (ECI) should make the information public on its website by the evening of Friday, March 15, a five-judge bench said.

Electoral Bond Scheme Struck Down: Supreme Court Prioritises Transparency in Political Funding

Electoral Bond Scheme Struck Down: Supreme Court Prioritises Transparency in Political Funding

Thu, Feb 15, 2024

In a historic verdict, the Supreme Court of India declares the electoral bond scheme unconstitutional, citing violations of citizens' right to information. Led by Chief Justice D.Y. Chandrachud, the five-judge bench emphasizes transparency in political funding and directs the State Bank of India to cease bond issuance immediately. The judgment highlights concerns over potential influence on policy decisions and underscores the need for transparent funding methods in Indian politics.

Supreme Court Strikes Down Electoral Bond Scheme: Unraveling the Impact on Political Funding

Supreme Court Strikes Down Electoral Bond Scheme: Unraveling the Impact on Political Funding

Thu, Feb 15, 2024

SC decision on Electoral Bond Scheme - Supreme Court canceled the Electoral Bond Scheme - Amendments made to electoral bonds declared unconstitutional - SC also declared the amendment in the Companies Act unconstitutional - Information about funding of political parties is necessary - Voters It is important to know about funding - Electoral Bonds Violation of Right to Information - Donations cannot be hidden through companies - Secrecy of funding under the pretext of security is not right - All political donations do not necessarily mean policy changes - Electoral Bonds are not the only means to stop Black Money.

Govt approves 29th tranche of electoral bonds; sale from November 6

Govt approves 29th tranche of electoral bonds; sale from November 6

Sat, Nov 04, 2023

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.

27th tranche of Electoral Bonds to be sold ahead of assembly elections

27th tranche of Electoral Bonds to be sold ahead of assembly elections

Mon, Jul 03, 2023

The government has given its nod to the issuance of the 27th tranche of electoral bonds, which will be sold from July 3-12. This development comes prior to the assembly elections of Rajasthan, Chhattisgarh, Telangana, and Mizoram.

Govt clears 24th tranche of electoral bonds; sale from Mon

Govt clears 24th tranche of electoral bonds; sale from Mon

Mon, Dec 05, 2022

An electoral bond will be valid for 15 days from the date of issuance. No payment would be made to any political party if the bond is deposited after the expiry of the validity period.

Explained: Why recent amendments in the Electoral Bond Scheme are raising eyebrows?

Explained: Why recent amendments in the Electoral Bond Scheme are raising eyebrows?

Tue, Nov 22, 2022

The Government has recently approved the issuance of the 23rd tranche of the electoral bond that was opened for sale from November 9 - 15. On November 7, 2022, the Ministry of Finance issued a notification amending the electoral scheme to provide an additional period of 15 days for their sale.

23rd tranche of electoral bonds opens for sale; closes on November 15

23rd tranche of electoral bonds opens for sale; closes on November 15

Wed, Nov 09, 2022

State Bank of India (SBI), in the 23rd phase of sale, has been authorised to issue and encash electoral bonds through 29 authorised branches from November 9-15, the finance ministry had said in a statement earlier this week.

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