{"id":4991,"date":"2023-11-04T12:03:23","date_gmt":"2023-11-04T12:03:23","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=4991"},"modified":"2023-11-04T12:03:23","modified_gmt":"2023-11-04T12:03:23","slug":"govt-approves-29th-tranche-of-electoral-bonds-sale-from-6-nov","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/govt-approves-29th-tranche-of-electoral-bonds-sale-from-6-nov\/","title":{"rendered":"Govt Approves 29th Tranche Of Electoral Bonds; Sale From 6 Nov"},"content":{"rendered":"

NEW DELHI, Nov 4: The\u00a0<\/span>government<\/a>\u00a0<\/span><\/span>authorised\u00a0<\/span><\/span>the\u00a0<\/span>issuing\u00a0<\/span><\/span>of\u00a0<\/span>the\u00a0<\/span><\/span>29th\u00a0<\/span><\/span>tranche\u00a0<\/span><\/span>of\u00a0<\/span><\/span>electoral\u00a0<\/span>bonds\u00a0<\/span><\/span>on\u00a0<\/span><\/span>Saturday,\u00a0<\/span><\/span>ahead\u00a0<\/span>of\u00a0<\/span><\/span>assembly\u00a0<\/span>elections<\/a>\u00a0<\/span><\/span>in\u00a0<\/span><\/span>five\u00a0<\/span>states.\u00a0<\/span><\/span>The\u00a0<\/span>bonds\u00a0<\/span><\/span>will\u00a0<\/span>go\u00a0<\/span><\/span>on\u00a0<\/span><\/span>sale\u00a0<\/span><\/span>on\u00a0<\/span><\/span>November\u00a0<\/span>6.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>choice\u00a0<\/span><\/span>was\u00a0<\/span>made\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>midst\u00a0<\/span><\/span>of\u00a0<\/span><\/span>Rajasthan,\u00a0<\/span><\/span>Madhya\u00a0<\/span><\/a>Pradesh<\/a>,\u00a0<\/span><\/span>Chhattisgarh,\u00a0<\/span><\/span>Telangana,\u00a0<\/span><\/span>and\u00a0<\/span><\/span>Mizoram\u00a0<\/span><\/span>assembly\u00a0<\/span><\/span>election\u00a0<\/span>campaigns.<\/span><\/span><\/span> <\/span><\/span><\/span>These\u00a0<\/span>states\u00a0<\/span><\/span>have\u00a0<\/span><\/span>elections\u00a0<\/span><\/span>from\u00a0<\/span><\/span>November\u00a0<\/span>7\u00a0<\/span><\/span>to\u00a0<\/span><\/span>November\u00a0<\/span>30.<\/span><\/span><\/span> <\/span><\/span><\/span>Voter\u00a0<\/span><\/span>tallying\u00a0<\/span><\/span>is\u00a0<\/span>scheduled\u00a0<\/span><\/span>for\u00a0<\/span><\/span>December\u00a0<\/span>3.<\/span><\/span><\/span> <\/span><\/span><\/span>In\u00a0<\/span><\/span>an\u00a0<\/span>attempt\u00a0<\/span><\/span>to\u00a0<\/span>increase\u00a0<\/span><\/span>openness\u00a0<\/span><\/span>in\u00a0<\/span><\/span>political\u00a0<\/span><\/span>fundraising,\u00a0<\/span><\/span>electoral\u00a0<\/span>bonds\u00a0<\/span><\/span>have\u00a0<\/span>been\u00a0<\/span><\/span>promoted\u00a0<\/span><\/span>as\u00a0<\/span><\/span>an\u00a0<\/span>alternative\u00a0<\/span><\/span>to\u00a0<\/span><\/span>financial\u00a0<\/span>contributions\u00a0<\/span><\/span>to\u00a0<\/span><\/span>political\u00a0<\/span>parties.<\/span><\/span><\/span><\/span><\/span><\/span>The\u00a0<\/span>finance\u00a0<\/span>ministry\u00a0<\/span><\/span>released\u00a0<\/span><\/span>a\u00a0<\/span>statement\u00a0<\/span><\/span>saying,\u00a0<\/span><\/span>“Government\u00a0<\/span><\/span>of\u00a0<\/span>India\u00a0<\/span><\/span>has\u00a0<\/span>authorised\u00a0<\/span><\/span>State\u00a0<\/span>Bank\u00a0<\/span><\/span>of\u00a0<\/span><\/span>India\u00a0<\/span><\/span>(SBI),\u00a0<\/span><\/span>in\u00a0<\/span>the\u00a0<\/span><\/span>XXIX\u00a0<\/span><\/span>Phase\u00a0<\/span><\/span>of\u00a0<\/span><\/span>sale,\u00a0<\/span><\/span>to\u00a0<\/span>issue\u00a0<\/span><\/span>and\u00a0<\/span><\/span>encash\u00a0<\/span><\/span>Electoral\u00a0<\/span><\/span>Bonds\u00a0<\/span><\/span>through\u00a0<\/span>its\u00a0<\/span><\/span>29\u00a0<\/span><\/span>Authorised\u00a0<\/span><\/span>Branches\u00a0<\/span><\/span>wef\u00a0<\/span><\/span>November\u00a0<\/span><\/span>6-20,\u00a0<\/span><\/span>2023.”<\/span><\/span><\/span> <\/span><\/span><\/span>In\u00a0<\/span><\/span>March\u00a0<\/span>2018,\u00a0<\/span><\/span>the\u00a0<\/span>first\u00a0<\/span><\/span>set\u00a0<\/span>of\u00a0<\/span><\/span>electoral\u00a0<\/span>bonds\u00a0<\/span><\/span>were\u00a0<\/span>sold.<\/span><\/span><\/span> <\/span><\/span><\/span>An\u00a0<\/span><\/span>eligible\u00a0<\/span><\/span>political\u00a0<\/span>party\u00a0<\/span><\/span>may\u00a0<\/span>only\u00a0<\/span><\/span>cash\u00a0<\/span><\/span>electoral\u00a0<\/span>bonds\u00a0<\/span><\/span>via\u00a0<\/span><\/span>an\u00a0<\/span>account\u00a0<\/span><\/span>with\u00a0<\/span>an\u00a0<\/span><\/span>allowed\u00a0<\/span><\/span>bank.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>only\u00a0<\/span>bank\u00a0<\/span><\/span>that\u00a0<\/span><\/span>is\u00a0<\/span>permitted\u00a0<\/span><\/span>to\u00a0<\/span>issue\u00a0<\/span><\/span>electoral\u00a0<\/span>bonds\u00a0<\/span><\/span>is\u00a0<\/span><\/span>SBI.<\/span><\/span><\/span><\/span><\/span><\/span>Bengaluru,\u00a0<\/span><\/span>Lucknow,\u00a0<\/span><\/span>Shimla,\u00a0<\/span><\/span>Dehradun,\u00a0<\/span><\/span>Kolkata,\u00a0<\/span><\/span>Guwahati,\u00a0<\/span><\/span>Chennai,\u00a0<\/span><\/span>Patna,\u00a0<\/span><\/span>New\u00a0<\/span>Delhi,\u00a0<\/span><\/span>Chandigarh,\u00a0<\/span><\/span>Srinagar,\u00a0<\/span><\/span>Gandhinagar,\u00a0<\/span><\/span>Bhopal,\u00a0<\/span><\/span>Raipur,\u00a0<\/span><\/span>and\u00a0<\/span><\/span>Mumbai\u00a0<\/span><\/span>are\u00a0<\/span><\/span>among\u00a0<\/span>the\u00a0<\/span><\/span>authorised\u00a0<\/span><\/span>SBI\u00a0<\/span><\/span>branches.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>finance\u00a0<\/span>ministry\u00a0<\/span><\/span>further\u00a0<\/span><\/span>stated\u00a0<\/span>that\u00a0<\/span><\/span>electoral\u00a0<\/span>bonds\u00a0<\/span><\/span>have\u00a0<\/span>a\u00a0<\/span><\/span>15-day\u00a0<\/span><\/span>validity\u00a0<\/span>period\u00a0<\/span><\/span>from\u00a0<\/span><\/span>the\u00a0<\/span>date\u00a0<\/span><\/span>of\u00a0<\/span><\/span>issuance\u00a0<\/span><\/span>and\u00a0<\/span>that\u00a0<\/span><\/span>if\u00a0<\/span>they\u00a0<\/span><\/span>are\u00a0<\/span>deposited\u00a0<\/span><\/span>after\u00a0<\/span><\/span>that\u00a0<\/span>time,\u00a0<\/span><\/span>no\u00a0<\/span>payment\u00a0<\/span><\/span>will\u00a0<\/span>be\u00a0<\/span><\/span>made\u00a0<\/span>to\u00a0<\/span><\/span>the\u00a0<\/span>political\u00a0<\/span>party\u00a0<\/span><\/span>that\u00a0<\/span><\/span>is\u00a0<\/span>the\u00a0<\/span><\/span>payee.<\/span><\/span><\/span> <\/span><\/span><\/span>It\u00a0<\/span>further\u00a0<\/span><\/span>said,\u00a0<\/span><\/span>“On\u00a0<\/span><\/span>the\u00a0<\/span>same\u00a0<\/span><\/span>day,\u00a0<\/span><\/span>the\u00a0<\/span>electoral\u00a0<\/span><\/span>bond\u00a0<\/span><\/span>deposited\u00a0<\/span><\/span>by\u00a0<\/span>an\u00a0<\/span><\/span>eligible\u00a0<\/span><\/span>political\u00a0<\/span>party\u00a0<\/span><\/span>in\u00a0<\/span><\/span>its\u00a0<\/span>account\u00a0<\/span><\/span>shall\u00a0<\/span>be\u00a0<\/span><\/span>credited.”<\/span><\/span><\/span><\/span><\/span><\/span>Indian\u00a0<\/span><\/span>people\u00a0<\/span>and\u00a0<\/span>companies\u00a0<\/span><\/span>incorporated\u00a0<\/span><\/span>or\u00a0<\/span><\/span>founded\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>nation\u00a0<\/span><\/span>may\u00a0<\/span>purchase\u00a0<\/span><\/span>electoral\u00a0<\/span>bonds.<\/span><\/span><\/span> <\/span><\/span><\/span>Electoral\u00a0<\/span><\/span>bonds\u00a0<\/span><\/span>can\u00a0<\/span>be\u00a0<\/span><\/span>used\u00a0<\/span>to\u00a0<\/span>fund\u00a0<\/span><\/span>registered\u00a0<\/span><\/span>political\u00a0<\/span>parties\u00a0<\/span><\/span>that\u00a0<\/span><\/span>received\u00a0<\/span><\/span>at\u00a0<\/span>least\u00a0<\/span><\/span>1%\u00a0<\/span><\/span>of\u00a0<\/span><\/span>the\u00a0<\/span>total\u00a0<\/span>votes\u00a0<\/span><\/span>cast\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>most\u00a0<\/span>recent\u00a0<\/span><\/span>Lok\u00a0<\/span>Sabha\u00a0<\/span><\/span>or\u00a0<\/span><\/span>legislative\u00a0<\/span>assembly\u00a0<\/span><\/span>elections,\u00a0<\/span><\/span>according\u00a0<\/span><\/span>to\u00a0<\/span>the\u00a0<\/span><\/span>statement.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

 <\/p>\n

\"Govt
Govt Approves 29th Tranche Of Electoral Bonds; Sale From 6 Nov<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

NEW DELHI, Nov 4: The\u00a0government\u00a0authorised\u00a0the\u00a0issuing\u00a0of\u00a0the\u00a029th\u00a0tranche\u00a0of\u00a0electoral\u00a0bonds\u00a0on\u00a0Saturday,\u00a0ahead\u00a0of\u00a0assembly\u00a0elections\u00a0in\u00a0five\u00a0states.\u00a0The\u00a0bonds\u00a0will\u00a0go\u00a0on\u00a0sale\u00a0on\u00a0November\u00a06. The\u00a0choice\u00a0was\u00a0made\u00a0in\u00a0the\u00a0midst\u00a0of\u00a0Rajasthan,\u00a0Madhya\u00a0Pradesh,\u00a0Chhattisgarh,\u00a0Telangana,\u00a0and\u00a0Mizoram\u00a0assembly\u00a0election\u00a0campaigns. These\u00a0states\u00a0have\u00a0elections\u00a0from\u00a0November\u00a07\u00a0to\u00a0November\u00a030. Voter\u00a0tallying\u00a0is\u00a0scheduled\u00a0for\u00a0December\u00a03. In\u00a0an\u00a0attempt\u00a0to\u00a0increase\u00a0openness\u00a0in\u00a0political\u00a0fundraising,\u00a0electoral\u00a0bonds\u00a0have\u00a0been\u00a0promoted\u00a0as\u00a0an\u00a0alternative\u00a0to\u00a0financial\u00a0contributions\u00a0to\u00a0political\u00a0parties.The\u00a0finance\u00a0ministry\u00a0released\u00a0a\u00a0statement\u00a0saying,\u00a0“Government\u00a0of\u00a0India\u00a0has\u00a0authorised\u00a0State\u00a0Bank\u00a0of\u00a0India\u00a0(SBI),\u00a0in\u00a0the\u00a0XXIX\u00a0Phase\u00a0of\u00a0sale,\u00a0to\u00a0issue\u00a0and\u00a0encash\u00a0Electoral\u00a0Bonds\u00a0through\u00a0its\u00a029\u00a0Authorised\u00a0Branches\u00a0wef\u00a0November\u00a06-20,\u00a02023.” In\u00a0March\u00a02018,\u00a0the\u00a0first\u00a0set\u00a0of\u00a0electoral\u00a0bonds\u00a0were\u00a0sold. An\u00a0eligible\u00a0political\u00a0party\u00a0may\u00a0only\u00a0cash\u00a0electoral\u00a0bonds\u00a0via\u00a0an\u00a0account\u00a0with\u00a0an\u00a0allowed\u00a0bank. The\u00a0only\u00a0bank\u00a0that\u00a0is\u00a0permitted\u00a0to\u00a0issue\u00a0electoral\u00a0bonds\u00a0is\u00a0SBI.Bengaluru,\u00a0Lucknow,\u00a0Shimla,\u00a0Dehradun,\u00a0Kolkata,\u00a0Guwahati,\u00a0Chennai,\u00a0Patna,\u00a0New\u00a0Delhi,\u00a0Chandigarh,\u00a0Srinagar,\u00a0Gandhinagar,\u00a0Bhopal,\u00a0Raipur,\u00a0and\u00a0Mumbai\u00a0are\u00a0among\u00a0the\u00a0authorised\u00a0SBI\u00a0branches. The\u00a0finance\u00a0ministry\u00a0further\u00a0stated\u00a0that\u00a0electoral\u00a0bonds\u00a0have\u00a0a\u00a015-day\u00a0validity\u00a0period\u00a0from\u00a0the\u00a0date\u00a0of\u00a0issuance\u00a0and\u00a0that\u00a0if\u00a0they\u00a0are\u00a0deposited\u00a0after\u00a0that\u00a0time,\u00a0no\u00a0payment\u00a0will\u00a0be\u00a0made\u00a0to\u00a0the\u00a0political\u00a0party\u00a0that\u00a0is\u00a0the\u00a0payee. It\u00a0further\u00a0said,\u00a0“On\u00a0the\u00a0same\u00a0day,\u00a0the\u00a0electoral\u00a0bond\u00a0deposited\u00a0by\u00a0an\u00a0eligible\u00a0political\u00a0party\u00a0in\u00a0its\u00a0account\u00a0shall\u00a0be\u00a0credited.”Indian\u00a0people\u00a0and\u00a0companies\u00a0incorporated\u00a0or\u00a0founded\u00a0in\u00a0the\u00a0nation\u00a0may\u00a0purchase\u00a0electoral\u00a0bonds. Electoral\u00a0bonds\u00a0can\u00a0be\u00a0used\u00a0to\u00a0fund\u00a0registered\u00a0political\u00a0parties\u00a0that\u00a0received\u00a0at\u00a0least\u00a01%\u00a0of\u00a0the\u00a0total\u00a0votes\u00a0cast\u00a0in\u00a0the\u00a0most\u00a0recent\u00a0Lok\u00a0Sabha\u00a0or\u00a0legislative\u00a0assembly\u00a0elections,\u00a0according\u00a0to\u00a0the\u00a0statement.  <\/p>\n","protected":false},"author":2,"featured_media":4992,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13,67,89,54],"tags":[],"class_list":["post-4991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-header","category-national","category-political"],"gutentor_comment":0,"yoast_head":"\nGovt Approves 29th Tranche Of Electoral Bonds; 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