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RTI data: March 2018 elections were only printed in February

An activist’s Right to Information (RTI) request reveals that the first set of electoral bonds were printed in February 2018 and put on sale on March 1, despite no sale window in March.

In reply to an RTI request by transparency campaigner Commodore Lokesh Batra (retd), the bonds weren’t sold in January 2018, which would have been the first window after the scheme began.

Based on an RTI response on November 29, India Security Press, Nashik, which prints electoral bonds, says 1,71,250 and 4,33,000 bonds were published on February 23 and March 1, respectively, in 2018.

In March 2018, the first tranche began selling ahead of the Karnataka elections in May 2018, with Assembly elections in Tripura, Nagaland and Meghalaya just finished.

222 crore in electoral bonds were sold between March 1 and 9 in 2018 at four branches of the State Bank of India (SBI), the only bank authorized for the job, according to an RTI response by SBI in 2019.

In his 2017-18 Budget speech, then-Finance Minister Arun Jaitley announced the Electoral Bond Scheme 2018, notified by the ministry on January 2, 2018. Every January, April, July, and October, the bonds would be sold for 10 days, with an additional 30-day period in a Lok Sabha election year.

This year the scheme was amended to allow 15 extra sale days with Assembly elections while keeping the rest of the sale windows the same.


Hi, my name is Nisha and I'm an educational journalist based in India. I've always been passionate about the power of education to transform lives, and that's what led me to pursue a career in journalism focused on this area. I completed my Bachelor's degree in English from Hindu College in Delhi in 2013 and then went on to earn my Master's in Journalism and Mass Communication from the Indian Institute of Mass Communication in 2017. During my studies, I also completed several short-term courses on Education in India, Sociology, and other related subjects to deepen my knowledge in this field. I'm particularly interested in improving access to quality education in rural areas, where students often face significant challenges. I've worked on a number of initiatives to address this issue, including advocating for better policies, resources, and practices that can make a difference. As an educational journalist, I'm passionate about using my platform to highlight important issues in the education space. I've covered a wide range of topics, including the impact of technology in the classroom, innovative approaches to teaching and learning, and the challenges facing students from marginalized communities. One of the things I love most about my work is the opportunity to constantly learn and grow. I'm an avid reader and believe that reading is key to expanding one's knowledge and perspective. I'm always seeking out new ideas and insights to help me better understand the world around me. In summary, as an educational journalist, I'm dedicated to using my skills and expertise to make a positive impact in the field of education. I'm committed to improving access to quality education for all students and to using my platform to raise awareness about important issues in this area.

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