<h1>Indian Government Announces Sale of Electoral Bonds for Political Parties u/s 29A, Available January 13-22, 2020.</h1> The Indian government has announced the sale of Electoral Bonds under the Electoral Bond Scheme 2018. These bonds can be purchased by Indian citizens or entities and are intended for political parties registered under Section 29A of the Representation of the People Act, 1951, that secured at least one percent of votes in the last general elections. State Bank of India (SBI) is authorized to issue and encash these bonds from January 13 to January 22, 2020, through 29 designated branches across the country. The bonds are valid for 15 days from issuance, and eligible political parties must deposit them within this period to receive funds.