Electoral Bonds Current Affairs, GK & News

Supreme Court refuses to Stay Sale of Fresh Electoral Bonds

Supreme Court of India, on March 26, 2021, refused to stay sale of fresh set of electoral bonds from 1 April. This decision was taken ahead of assembly elections across four states; Kerala, West Bengal, Assam and Tamil Nadu and in Union Territory of Puducherry. Highlights Supreme Court, while refusing the stay, underlines that these ..

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11th tranche of Electoral Bonds sale to start from July 1

Union Ministry of Finance recently announced the launch of 11th tranche of electoral bonds sale starting from 1-10 July. This is 1st issuance of electoral bonds after conclusion of 17th general elections and formation of new government. What are Electoral Bonds? Electoral bonds are being pitched as an alternative to cash donations made to political ..

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EC asks Political Parties to Comply with SC s order on Electoral Bonds

In an interim order given by the Supreme Court (SC) in response to petitions filed by the NGO Association for Democratic Reforms (ADR) challenging the electoral bond scheme, the political parties were asked to furnish the details of receipt through Electoral Bonds to the Election Commission (EC). Interim Order of the Supreme Court? Political parties ..

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SBI to issue and encash electoral bonds soon

The GoI has notified the sale of electoral bond by SBI through its 29 authorized branches from 1.11.2018 to 10.11.2018. 29. These SBI branches are in cities like New Delhi, Gandhinagar, Chandigarh, Bengaluru, Bhopal, Mumbai, Jaipur, Lucknow, Chennai, Kolkata and Guwahati. The concept of electoral bond was initiated in Union Budget 2017.Later on Electoral bond scheme ..

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First sale of electoral bonds from March 1, 2018: Finance Ministry

The first sale of electoral bonds will start from March 1, 2018 for period of 10 days at four main branches of State Bank of India in Mumbai, Chennai, Kolkata and New Delhi. These bonds will have a life of 15 days, and citizen of India or an entity incorporated or established in the country ..

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