Page 4 - Latest Updates on Electoral Bond
BJP, Congress among parties yet to submit electoral bond details to EC
Last month, the Election Commission had written to all recognised political parties to comply with the Supreme Court directives
 "BJP, Congress among parties yet to submit electoral bond details to EC")
Govt curtails sale period of electoral bonds from 10 days to 5 in May
The government, however, did not give any reason for reducing the time period for sale of electoral bonds
 "Govt curtails sale period of electoral bonds from 10 days to 5 in May")
Explained: What are electoral bonds and why is there a controversy?
Electoral bond is like a promissory note that can be bought by any Indian citizen or company incorporated in India from select branches of State Bank of India
 "Explained: What are electoral bonds and why is there a controversy?")
Electoral bonds of Rs 10 lakh, Rs 1 cr dominate donations: RTI application
99 per cent of donations received by political parties between March 2018 and January 24, 2019 were as electoral bonds of Rs 10 lakh and Rs one crore.
 "Electoral bonds of Rs 10 lakh, Rs 1 cr dominate donations: RTI application")
SC electoral bonds order: Congress says 'transparency' must be adhered to
The Supreme Court on Friday directed all political parties to furnish receipts of political funding received through electoral bonds
 "SC electoral bonds order: Congress says 'transparency' must be adhered to")
Electoral Bonds will curb or lead to more black money? The story so far
The Supreme Court has directed all political parties to furnish receipts of electoral bonds and details of identity of donors in a sealer cover to the Election Commission
 "Electoral Bonds will curb or lead to more black money? The story so far")
Disclose details of electoral bonds before May 30: SC to political parties
The Supreme Court said that the issue of electoral bonds requires detailed hearing and so it will announce the date for final hearing later
 "Disclose details of electoral bonds before May 30: SC to political parties")
Voters needn't know political funding source: Govt defends electoral bonds
AG's comments came during the hearing on pleas challenging the validity of electoral bonds and their usage for political funding
Arun Jaitley defends electoral bonds, ask opponents to suggest alternatives
The govt had in 2018 brought in the electoral bond scheme as an alternative to cash donations made to political parties as part of its efforts to bring transparency in political funding
 "Arun Jaitley defends electoral bonds, ask opponents to suggest alternatives")
Centre opposes EC's stand in SC on electoral bonds; justifies issuing them
Govt in its fresh affidavit said that the massive amount of political donations were earlier made in cash by individuals or corporates using "illicit means of funding" under the old system
 "Centre opposes EC's stand in SC on electoral bonds; justifies issuing them")
SC to hear pleas challenging issuance of electoral bonds on April 5
The Centre had said the electoral bonds were introduced on January 2, 2018 to promote transparency
 "SC to hear pleas challenging issuance of electoral bonds on April 5")
Sale of electoral bonds skyrocket by 62% in election year: RTI reply
The sale of electoral bonds opens in the SBI branches when Finance Ministry issues notification of the sale for a given period.
 "Sale of electoral bonds skyrocket by 62% in election year: RTI reply")
Election Commission expresses reservations on donations via Electoral bonds
EC submits affidavit in Supreme Court, says electoral bonds will impact transparency of political funding
 "Election Commission expresses reservations on donations via Electoral bonds")
Donations through electoral bonds surged ahead of state assembly elections
Nearly 40 per cent of total funds mopped through electoral bonds came in October
 "Donations through electoral bonds surged ahead of state assembly elections")
SBI to issue electoral bonds in 6th phase of sale from Nov 1-10: FinMin
SBI is the only authorised bank to issue such bonds. A person being an individual can buy electoral bonds, either singly or jointly, with other individuals
 "SBI to issue electoral bonds in 6th phase of sale from Nov 1-10: FinMin")
SBI refuses to disclose details of parties which received donations: RTI
SBI refuses to disclose details of political parties which received donations through electoral bonds, claims RTI
Third tranche of electoral bonds to go on sale from May 1: Finance Ministry
The government had notified the Electoral Bond Scheme 2018 in January this year
Electoral bonds have serial numbers but are not accessible to anyone: Govt
The finance ministry in a statement said the random serial number on the bonds is not visible to naked eye and the same is not even noted by the issuing bank, the SBI
SBI will issue electoral bonds in second phase from April 2 to 10
The SBI main branches in New Delhi, Mumbai, Chandigarh, Bengaluru, Gandhinagar, Bhopal, Jaipur, Chennai, Lucknow and Guwahati have been authorised to sell and encash the Bonds
 "SBI will issue electoral bonds in second phase from April 2 to 10")
Electoral bond issue sees Rs 2-bn sale, available at select SBI branches
An additional period of 30 days shall be specified by the central government in the year of general election
