Electoral Bond News
Electoral Bonds: SBI's Extension Request To Supreme Court Rakes Up A Political Storm | Watch
SBI’s extension request to the Supreme Court has raked up a political storm. With just one day to go before the Supreme Court’s deadline for SBI to disclose details of donors of electoral bonds, on Monday SBI asked the Supreme Court for an extension of nearly 3 months. This has stirred a political storm.
6 Mar 2024Top court seeks govt, EC response on plea to stay electoral bonds
Plea puts on record the objections raised by the RBI, besides other authorities, which were ignored by the Centre Petitioner had sought a stay on the grounds that the anonymity clause flouts scheme’s objective of transparency
2 min read21 Jan 2020BJP got ₹1,450 cr through electoral bonds in 2018-19, Congress ₹383 cr: ADR
Electoral bonds can be purchased from select branches of State Bank of India and donated to any political party BJP's income rose from ₹1,027crore in 2017-18 to ₹2,410 crore
1 min read15 Jan 2020Sale of 13th tranche of electoral bonds from 13 January: Finance ministry
The bond deposited by any eligible political party into its account would be credited on the same day 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
1 min read9 Jan 2020Electoral bonds count for maximum donations: Report
The total income of the three national and 22 regional parties for the FY 2018-19 was ₹1,163.17 crore Total expenditure incurred by the top three parties is ₹214.75 crore as reported by the 25 political parties
3 min read8 Dec 2019Reform step a solution to prevent entry of black money into system
How can we expect people to follow the transition to a new economy, while political parties continue to accept cash donations?
2 min read4 Dec 2019Opinion | Govt policy on funding political parties bad news for democracy
The scheme may almost completely choke the flow of funds to all opposition parties
3 min read4 Dec 2019Electoral bonds boon or bane for India’s political funding system?
NDA’s move to channelize political funding through banking channels is the latest bid to reform the system Electoral bonds are interest-free banking instruments, which can be bought from specified branches of State Bank of India in multiples of ₹1,000, ₹1 lakh, ₹10 lakh or ₹1 crore
3 min read4 Dec 2019'Some people cannot accept transparency': PM's dig at Oppn on electoral bonds
Modi's remarks were his first since the issue of electoral bonds snowballed into a political flashpoint A report by a news portal said that RBI and EC had reservations against the bonds but were overruled by his government
4 min read26 Nov 2019Opinion | Of electoral bondage
Instead of scoring debating points, India’s political parties would serve their voters better by voluntarily opening themselves to greater public scrutiny
1 min read22 Nov 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared