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LATEST NEWS UPDATES | Electoral bonds worth ₹676 crore sold during 23rd phase: SBI

Electoral bonds worth ₹676 crore sold during 23rd phase: SBI

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published Published on Dec 8, 2022   modified Modified on Dec 9, 2022

-Hindustan Times

On November 7, the government amended the electoral bonds scheme to allow their sale for 15 extra days during the “year of general elections to the Legislative Assembly of States and Union territories with Legislature

NEW DELHI: Electoral bonds worth 676.26 crore were sold from November 6 to 15 after the government allowed the sale of bonds for an additional 15 days ahead of state elections in Gujarat and Himachal Pradesh, the State Bank of India (SBI) said in the right to information response.

“A total of 954 electoral bonds were sold, of which 666 were worth 1 crore, 88 worth 10 lakh, 143 worth 1 lakh, 27 worth 10,000 and 30 worth 1,000,” the SBI said in its reply to a request by Commodore Lokesh Batra (retd). HT has reviewed the reply.

On November 7, the government amended the electoral bonds scheme to allow their sale for 15 extra days during the “year of general elections to the Legislative Assembly of States and Union territories with Legislature”. This was in addition to the provision to widen the buying window of electoral bonds by 15 extra days in the year of respective assembly elections.

HT reported on October 31 that electoral bonds worth 545.25 crore were sold between October 1 and 10, or in the 22nd phase, and that the Bharatiya Janata Party (BJP) received the bulk of the contributions.

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Hindustan Times, 8 December, 2022, https://www.hindustantimes.com/india-news/electoral-bonds-worth-rs-676-crore-sold-during-23rd-phasesbi-101670508881285.html


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