With five State assemblies going to polls, the Finance Ministry on November 4 announced a fresh tranche of electoral bond sales over the fortnight from November 6 to November 20, the second window for these bonds’ sales within a month.
With the latest notification, electoral bonds are effectively likely to be on sale for at 75 days between October 2023 and May 2024, when the Lok Sabha polls are expected.
Coming soon after the Supreme Court’s decision to reserve its verdict on the electoral bond scheme, the upcoming sale of these bonds at all authorised branches of the State Bank of India stems from amendments made to the scheme by the Centre in November 2022.
