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.”
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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.
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.
Mon, Nov 07, 2022
Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding.
Tue, Apr 05, 2022
Kolkata-based IFB Agro Industries said its board has approved contributions of up to ₹40 crore to political parties by subscribing to electoral bonds. In a recent filing to stock exchanges, the company mentioned earlier letters to stock exchanges in which it informed about excise-related issues confronting and affecting the company. How transparency will come in electoral bonds? Watch this special report on Aapki Khabar Aapka Fayda
Fri, Dec 31, 2021
"State Bank of India (SBI), in the XIX Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorized Branches with effect from January 1 to January 10, 2022," the finance ministry said in a statement.
Wed, Mar 31, 2021
Sale of Electoral Bonds 2018 at SBI: In a major development, the Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated January 02, 2018.
Fri, Apr 12, 2019
Electoral Bonds Controversy: The Supreme Court today refused to stay the electoral bonds scheme of the government and put the matter for a further hearing later.
Fri, Dec 28, 2018
According to the ministry, the Electoral Bonds shall be valid for fifteen calendar days from the date of issue and no payment shall be made to any payee Political Party if the Electoral Bond is deposited after expiry of the validity period.
Sat, Oct 27, 2018
The sixth tranche of electoral bonds sale will take place from November 1-10, the finance ministry said Saturday.
Wed, Jan 03, 2018
This move is aimed to make the political funding more transparent as presently all the funding are in the name of anonymous cash donations.
Tue, Jan 02, 2018
Finance Minister Arun Jaitley announced the introduction of these bonds during his Budget speech in February 2017
Sat, Jul 22, 2017
In a major move aimed at promoting transparency in political funding, Jaitley had in this year's Budget speech announced capping of anonymous cash donations to political parties at Rs 2,000 and introduced electoral bonds.
Thu, Mar 30, 2017
The bill was debated in Rajya Sabha where opposition parties criticised the manner in which it was passed in Lok Sabha and asked for five amendments.
Wed, Mar 22, 2017
Rucha Ranadive ,Associate Economist, Care Ratings said, "This move is expected to bring in better political funding pattern and transparency in transactions. However, there is a possibility that the identity of the donor will be revealed that won’t serve the purpose and will be similar to direct donation to the party."
As the Finance Bill is classified as a Money Bill, it does not require bicameral approval and can be passed only by Lok Sabha, a media report said.
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