Showing posts with label "Unlocking Transparency: Election Commission Reveals Electoral Bonds Data". Show all posts
Showing posts with label "Unlocking Transparency: Election Commission Reveals Electoral Bonds Data". Show all posts

Thursday, 14 March 2024

Election Commission of India Releases Electoral Bonds Data: What You Need to Know

1) On March 14, the Election Commission of India (ECI) disclosed the electoral bonds data it received from the State Bank of India (SBI).

2) This data includes information about buyers such as Grasim Industries, Bharti Airtel, DLF Commercial Developers, Vedanta Ltd, and others.

3) The ECI received this data from the SBI on March 12, 2024, as per the directives of the Supreme Court.

5) The Supreme Court, in response to a plea by the SBI, ordered the submission of the data to the ECI by March 12, dismissing the request for an extension until June 30.

6) Despite SBI's claim that time was needed to match bond buyers with political parties, the Supreme Court deemed the information readily available and ordered its disclosure.

The ECI, consistent with its stance on transparency, promptly uploaded the electoral bonds data on its website, fulfilling the court's mandate.

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