Electoral Bonds Scheme Current Affairs - 2019

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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 Read More…

Month:  Categories: Government Schemes & Projects

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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 Read More…

Month:  Categories: Business, Economy & Banking

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Government finalising Electoral Bonds Scheme

The Union Government is finalising electoral bonds scheme in order to bring greater transparency in funding of political parties. The scheme was announced in 2017-18 Union Budget as part of certain electoral funding reforms. It will make India first country in the world to have such unique bonds for  electoral funding. Need for such Scheme Read More…

Month:  Categories: Government Schemes & Projects

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