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Saturday, January 3, 2026
TopicElectoral bonds

Topic: electoral bonds

An electoral bond is a financial instrument for making donations to political parties. According to the Electoral Bond Scheme, 2018, it is a bond issued in the nature of a promissory note, which shall be bearer in character. A bearer instrument is one which does not carry the name of the buyer or payee, no ownership information is recorded and the holder of the instrument (i.e. political party) is presumed to be its owner.

The scheme allows individuals, who are citizens of India, and domestic companies to donate these bonds — issued in multiples of Rs 1,000, Rs 10,000, Rs 1 lakh, Rs 10 lakh, and Rs 1 crore — to political parties of their choice. The Supreme Court of India on February 15, 2024, struck down the electoral bonds scheme for anonymous funding to political parties as “unconstitutional”.

Rahul’s Bharat Jodo Yatra cost Rs 71 cr, pre-poll surveys Rs 40 cr — Congress’s 2022-23 audit report

Amogh Rohmetra -
The report submitted to ECI shows party expenditure rose slightly to Rs 467 crore compared to previous fiscal, while income fell about Rs 90 crore to Rs 452 crore.

100% for BJD, 99% for DMK — electoral bonds a big chunk of ‘donations’ to regional parties in FY23

Amogh Rohmetra -
Electoral bonds scheme has been slammed by Opposition over the yrs, but audit reports released by ECI show parties like TMC, AAP & BRS are raking it in via these financial instruments.

Indian politicians hit the jackpot with 1957 TISCO case. It set the tone for political funding

+TFP Apoorva Mandhani -
Electoral bonds have done what past innovations in party funding couldn’t — they have sprung the issue of party funding onto the national stage.

SC directs EC to product data on electoral bonds till 30 September

PTI -
The bench reserved its verdict on the petitions, including those filed by Congress leader Jaya Thakur, the CPI (M) and NGO ADR, after hearing arguments for three days.

SC takes up ‘selective anonymity’ of electoral bonds on Day 2 — ‘leading to information hole’

Bhadra Sinha -
Five-judge bench led by CJI says it will assess whether procedure adopted for funding of political parties through electoral bonds is proportionate to objective it intends to meet.

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‘Ruling parties will align to big money bags’ — Fali Nariman on poll bonds at ex-CEC’s book launch

Amogh Rohmetra -
Launch of S.Y. Quraishi’s book, India’s Experiment with Democracy saw Fali Nariman, Shashi Tharoor, Shekhar Gupta & Neerja Chowdhury discuss various aspects of the electoral system.

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