Electoral bonds are a financial instrument that allows individuals and businesses to donate money to political parties without declaring it.
Published Date – 03:50 PM, Thu – 2 November 23
Hyderabad: Electoral bonds are a financial instrument that allows individuals and businesses to donate money to political parties without declaring it. Introduced by the BJP government in 2018 as an alternative to cash donations, these were pitched as an initiative to bring transparency in political funding. These bonds can be purchased by any citizen or entity incorporated in India and come in various denominations, ranging from ₹1,000 to ₹1 crore, available at State Bank of India branches.
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