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  1. A total of 445 bonds amounting to Rs 222 crore were issued in the first tranche in March this year, it came down to 256 bonds and Rs 115 crore in the second tranche and even further down to 204 bonds of Rs 101.40 crore in the third tranche, according to Finance Ministry data given in response to a Right to Information (RTI) request by the paper. “Three tranches of electoral bonds have been issued till May 31, 2018. Electoral bonds would be issued or purchased for any value in multiples of ₹1,000, ₹10,000, ₹1 lakh, ₹10 lakh and ₹1 crore,” the Finance Ministry said, adding that it does not maintain data on the number of bonds purchased in each denomination. Here are the details of Electoral Bonds: https://www.nationalconcerns.in/topic/5660-what-is-electoral-bond/ What is Electoral Bond Electoral bond means a bond issued in the nature of promissory note which shall be a bearer banking instrument and shall not carry the name of the buyer or payee. As a financial instrument, the electoral bond will be a bearer instrument in the nature of a promissory note. This means that the instrument is a certificate to pay a specified amount with the binding date.The State Bank of India authorised to issue and encash the bonds in the branches.
  2. A total of 445 bonds amounting to Rs 222 crore were issued in the first tranche in March this year, it came down to 256 bonds and Rs 115 crore in the second tranche and even further down to 204 bonds of Rs 101.40 crore in the third tranche A total of 445 bonds amounting to Rs 222 crore were issued in the first tranche in March this year, it came down to 256 bonds and Rs 115 crore in the second tranche and even further down to 204 bonds of Rs 101.40 crore in the third tranche, according to Finance Ministry data given in response to a Right to Information (RTI) request by the paper. “Three tranches of electoral bonds have been issued till May 31, 2018. Electoral bonds would be issued or purchased for any value in multiples of ₹1,000, ₹10,000, ₹1 lakh, ₹10 lakh and ₹1 crore,” the Finance Ministry said, adding that it does not maintain data on the number of bonds purchased in each denomination. Here are the details of Electoral Bonds: https://www.nationalconcerns.in/topic/5660-what-is-electoral-bond/ What is Electoral Bond Electoral bond means a bond issued in the nature of promissory note which shall be a bearer banking instrument and shall not carry the name of the buyer or payee. As a financial instrument, the electoral bond will be a bearer instrument in the nature of a promissory note. This means that the instrument is a certificate to pay a specified amount with the binding date.The State Bank of India authorised to issue and encash the bonds in the branches. View full entry
  3. As reported at www.expressbuzz.com on 18 March 2009 CHENNAI: The government of India’s Finance Ministry attracts the largest number of Right To Information (RTI) queries under the RTI ACT, said Justice Wajahat Habibullah, chief information commissioner, Central Information Commission at a press meet here on Tuesday. He said the Finance Ministry received the highest number of queries because it handled the portfolios such as Income Tax Department, Insurance and Banking among other things. This had also been the factor why the department also recorded the largest number of denials as much of the information sought, including account details of individuals, was classified as personal. He said he did not personally want to define several of these questions as frivolous and change any rules in the Act as sometimes they might not be frivolous and much time was wasted on proving whether it was frivolous or not. But this had only increased the strain on the Commission, as they were not able to clear the cases in proportion to the in flow. ``We receive over 15,000 to 16,000 cases per month and are able to clear 1,800 cases in a month. There is an improvement in the disposal rate from clearing an average of around 800 cases before as more umber of information commissions have been linked to the central office,’’ he said. He also cautioned against any amendments for he said that it only created more confusion among the applicants. An advantage of RTI Act was that it had forced several departments including Urban Development Department to put their record in order and archive it in a more organised manner, he explained. Another achievement, he said, was the penetration that RTI Act has had among the rural India. He explained that while there was need for more awareness to be created by the respective State Governments, a study undertaken by a non-government organisation, revealed that an average of two people in every village in India had applied for information under RTI, but the effectiveness of such application was yet to be analysed. Source: http://www.expressbuzz.com/edition/story.aspx?Title=%E2%80%98Finance+Ministry+gets+bulk+of+RTI+queries%E2%80%99&artid=w5D0NyHauaQ=&SectionID=lifojHIWDUU=&MainSectionID=lifojHIWDUU=&SEO=Right+To+Information&SectionName=rSY%7C6QYp3kQ=
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