Page 5 - Latest Updates on Electoral Bond
Govt notifies terms of electoral bonds to ensure clean political funding
Interest-free bonds for political funding, with 15-day validity, will be available at select SBI branches
 "Govt notifies terms of electoral bonds to ensure clean political funding")
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")
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?")
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")
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")
Electoral bonds govt's instruments of 'opaque money laundering': Congress
"RTI reveals how 'electoral bonds' became instruments of anonymous donations bordering on opaque 'money laundering'," Surjewala said in a tweet.
 "Electoral bonds govt's instruments of 'opaque money laundering': Congress")
Jaitley outlines contours of electoral bonds for political parties' funding
Interest-free bonds can be purchased from SBI for 10 days in the months of Jan, April, July & Oct; bonds not to carry name of payee
 "Jaitley outlines contours of electoral bonds for political parties' funding")
Govt to introduce electoral bonds soon, validity to be capped at 15 days
The guidelines for electoral bonds are almost ready and some fine-tuning is being done by the finance ministry
 "Govt to introduce electoral bonds soon, validity to be capped at 15 days")
RBI, EC have no info on electoral bonds: RTI reply
The RBI was asked details of the draft electoral bond scheme
 "RBI, EC have no info on electoral bonds: RTI reply")
Govt to go ahead with electoral bonds even if consensus eludes
Jaitley had also announced capping of anonymous cash donations to political parties at Rs 2,000
 "Govt to go ahead with electoral bonds even if consensus eludes")
Electoral bonds: Do the govt's proposals make party funding transparent?
After GST, the government now plans to shift focus to electoral funding reforms
Electoral bonds a retrograde step, says EC to parliamentary panel
EC opposed state funding saying it will not be able to check candidate's own expenditures
 "Electoral bonds a retrograde step, says EC to parliamentary panel")
Electoral bonds will ensure opacity, not transparency: Prashant Bhushan
He replied as FM Jaitley said that identity of donors through these bonds will be anonymous
 "Electoral bonds will ensure opacity, not transparency: Prashant Bhushan")
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")
In 'New' India, bribes are electoral bonds, Rahul takes a jibe at govt
The Congress on Monday alleged that the Modi government had overruled the RBI to introduce electoral bonds to enable "black money to enter the BJP coffers" and demanded that the scheme be scrapped.
 "In 'New' India, bribes are electoral bonds, Rahul takes a jibe at govt")
Congress to raise electoral bond, breach-of-privilege issues in Parliament
P Radhakrishnan was the Minister of State for Finance back then
 "Congress to raise electoral bond, breach-of-privilege issues in Parliament")