The Electoral Bond deposited by an eligible Political Party in its account shall be credited on the same day.The Electoral Bonds shall be valid for fifteen calendar days from the date of issue and no payment shall be made to any payee Political Party if the Electoral Bond is deposited after expiry of the validity period.An additional period of 30 days was to be specified by the Central Government in the year of the General election to the House of People.In 2018, when the Electoral Bond Scheme was introduced, these bonds were made available for a period of 10 days each in January, April, July and October, as may be specified by the central government.Introduced a new para, stating that an additional period of fifteen days shall be specified by the Central Government in the year of general elections to the Legislative Assembly of States and Union territories with Legislature.Government’s response defending the Electoral Bonds scheme.GS-II: Polity and Governance (Governance and Government Policies) Weeks ahead of elections in certain states, the Central Government has amended the Electoral Bond Scheme. Protection of Children from Sexual Offenses Act, 2012 (POCSO).Previous Years Question Papers with Answers.Economic Survey & Budget Summary With MCQs For UPSC Exam.Daily Current Affairs Quiz For UPSC Exam.Public Administration Optional Strategy.Political Science and International Relations Optional Books.UPSC Coaching Counselling at your college.
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