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(1/n) The story of the sale of first 10 phases of Electoral Bonds- EBs.
EBs were on sale for a total of 108 days during these 10 phases; 5 days in May 2019, 9 days each in 2 phases, 10 days each in 5 phases, 15 days in March 2019 and the longest phase of 20 days in April 2019.
(2/n) A total of 11,681 electoral bonds were purchased in these 108 days amounting to a total of ₹ 5851.4 crores and an average of 108 bonds were purchased per day of sale amounting to an average worth of ₹ 54.2 crores per day.
(3/n) 2 recent phases of sale (March & April 2019) accounted for a whopping 62% or ₹ 3622.1 crores of the total value of electoral bonds till date.
233 EBs amounting to ₹ 31,09,32,000 were not encashed by anyone & they would have been deposited in the PMRF as per rules.
(4/n) Electoral bonds were purchased from a total of 16 branches of SBI in 16 different states till date. The bonds were purchased in each & every phase only in New Delhi & Mumbai. In Kolkata, they were purchased in 9 out of the 10 phases.
(5/n) I terms of the bonds purchased, four cities of Mumbai, Kolkata, New Delhi & Hyderabad accounted for more than 82% of the bonds purchased till date. These are the only four cities from where bonds worth more than ₹ 500 crores & 10% of the total value each were purchased.
(6/n) As per the latest data, bonds worth a total of ₹ 4716 crores were encashed in New Delhi alone which is 81% of the total amount encashed across the country. It is amply clear that national parties are the principal beneficiaries of the electoral bond scheme.
(7/n) Except in Hyderabad, where more than ₹ 500 crores (8.8%) were encashed, substantial amounts weren’t not encashed in none of the other states where major regional parties are based.
(n/n) Of the ₹ 5851 crores worth electoral bonds purchased in the 10 phases till May 2019,bonds in the denomination of ₹1 crore accounted for 91.74% or ₹ 5368 crores. Further, bonds in the denomination of ₹ 10 lakh accounted for 8% or ₹ 468.1 crores (bit.ly/2LuIkMm)
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