RTI: Electoral bonds worth over Rs 5,800 crore bought to fund political parties07:30:00 AM, Monday 17th of June 2019 | in politics
An RTI reply told that electoral bonds worth Rs 5800 crore was purchased to fund political parties in over 14 months. The RTI was filed by Chandrashekhar Goud, a Neemuch-based activist. As per Union govt's Electoral Bond Scheme 2018, only 29 SBI branches were authorised to issue & encash these bonds in 10 phases. Electoral bonds worth Rs 1407.09 crore were bought by anonymous donors in the first 7 phases.