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LATEST NEWS UPDATES | Electoral Bond Sales Jumped by Nearly 16 Times During 2021 Assembly Polls -Gaurav Vivek Bhatnagar

Electoral Bond Sales Jumped by Nearly 16 Times During 2021 Assembly Polls -Gaurav Vivek Bhatnagar

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published Published on May 17, 2021   modified Modified on May 18, 2021

-TheWire.in

The State Bank of India has refused to reveal which political party received how much money through this.

New Delhi: The sale of electoral bonds during the assembly elections in April this year was over 16 times more than what it was during the previous tranche of sales, in early January. This information was obtained from the State Bank of India through a Right to Information query.

Though the RTI applicant had also asked for details of the political parties which benefited from these donations, the SBI refused to share the same, saying it held the information in a fiduciary capacity.

SC refused to stay sale of electoral bonds during polls

Transparency activists and organisations have repeatedly urged the scrapping of the electoral bond scheme in its present form and charged that these anonymous bonds have “legalised corruption”. A petition in this regard was also filed in the Supreme Court by the Association for Democratic Rights in January this year. While refusing to grant an interim stay on the 2018 electoral bonds scheme, the apex court had sought responses from the Centre and the Election Commission on the interim application.

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TheWire.in, 17 May, 2021, https://thewire.in/government/electoral-bond-sales-jumped-by-nearly-16-times-during-2021-assembly-polls


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