Latest Electoral Bond Data : In a move towards transparency and accountability in India’s electoral system, the Election Commission has publicly released the latest data on electoral bonds. This release, occurring on Sunday, March 17, 2024, follows the Commission’s submission of the information in sealed cover to the Supreme Court, subsequently mandated to be disclosed to the public. The disclosed details pertain to the period before April 12, 2019, with data post this date having been made public by the Election Commission in the previous week.
Accessing the Complete List
For those seeking to review the comprehensive details, the Election Commission has made the complete list of electoral bond data available on its official website. By clicking on the provided link, users can gain access to vital insights into the electoral bond transactions, contributing to a more transparent electoral process.
Click here to access the complete list of electoral bonds
Election Commission’s Handling of Political Party Data
The Election Commission has confirmed that the data received from political parties was submitted to the Supreme Court without opening the sealed envelopes, adhering to the directives of the apex court. In compliance with the Supreme Court’s order dated March 15, 2024, the Supreme Court Registry has returned the physical copies along with the digital records, which have been digitized and uploaded onto the Election Commission’s website today.
Supreme Court’s Directives and SBI’s Role
State Bank of India (SBI) has played a crucial role in the issuance of electoral bonds, with bonds worth Rs 16,518 crore issued in 30 installments since the scheme’s inception in 2018. Following the Supreme Court’s directive, SBI submitted details of entities purchasing electoral bonds and the political parties encashing them to the Election Commission. As the authorized financial institution for issuing electoral bonds, SBI’s cooperation is instrumental in ensuring transparency in electoral funding.
Timely Submission by SBI
SBI promptly submitted the details of entities purchasing electoral bonds and the political parties encashing them to the Election Commission on Tuesday evening. This timely submission aligns with the Supreme Court’s order, further emphasizing SBI’s commitment to transparency and regulatory compliance.
Conclusion
In conclusion, the Election Commission’s public disclosure of the latest electoral bond data marks a significant milestone towards transparency and accountability in India’s electoral processes. With the cooperation of institutions like the Supreme Court and State Bank of India, the Commission upholds democratic principles by ensuring transparency in electoral financing. This disclosure empowers citizens to make informed decisions and hold political entities accountable, strengthening the foundations of democracy.
For detailed insights and access to the complete list of electoral bond data, visit the Election Commission’s official website.
