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Data on Sale of Electoral Bonds
December 5 , 2022
639 days
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- Mumbai sold the highest number an electoral bond since the scheme launched.
- In terms of numbers and value, Mumbai, Kolkata, and Hyderabad sold the most electoral bonds since the scheme was introduced in 2018.
- Mumbai accounted for 25.4 per cent of the total electoral bonds sold by value.
- Kolkata sold the second-highest number of electoral bonds.
- Mumbai, Kolkata and Hyderabad sold the highest number of bonds of Rs.1 crore denomination.
- Not even a single electoral bond was sold in Gangtok, Ranchi and Srinagar.
- Electoral bond scheme was launched by the Central Government to create transparency in the donations to political parties.
- Electoral bonds under this scheme are sold four times a year for 10 days.
- They allow political parties to accept money from anonymous donors.
- SBI is the only authorized bank to sell and redeem these bonds.
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