By NewsBlogger The Election Commission of India has released data on electoral bonds, revealing that the BJP received the highest amount of funds, followed by the Trinamool Congress and the Congress, with notable donations from various companies to the DMK.
At a glance
- The Bharatiya Janata Party (BJP) received the highest amount of funds through electoral bonds, totaling ₹6,986.5 crore.
- Other major recipients include the Trinamool Congress with ₹1,397 crore, the Congress with ₹1,334 crore, and BRS with ₹1,322 crore.
- Future Gaming and Hotel Services contributed ₹509 crore to the DMK, with Future Gaming emerging as the biggest purchaser of electoral bonds.
- The DMK disclosed the identity of its donors, while the BJP, Congress, Trinamool Congress, and Aam Aadmi Party (AAP) did not divulge details of their donors.
- The Communist Party of India (Marxist) and the Bahujan Samaj Party (BSP) declared that they will not receive funds through electoral bonds.
The details
The Election Commission of India (ECI) has recently made public fresh data on electoral bonds, believed to be from before April 12, 2019.
The data was submitted by political parties in sealed covers as directed by the Supreme Court, and following the court’s order, the data on electoral bonds has been ordered to be put in the public domain.
Top Recipients of Electoral Bonds
According to the data, the Bharatiya Janata Party (BJP) received the highest amount of funds through electoral bonds, totaling ₹6,986.5 crore.
Other major recipients include the Trinamool Congress with ₹1,397 crore, the Congress with ₹1,334 crore, and BRS with ₹1,322 crore.
Breakdown of Funds
Additionally, the Biju Janata Dal (BJD) received ₹944.5 crore, the Dravida Munnetra Kazhagam (DMK) received ₹656.5 crore, and the Yuvajana Sramika Rythu Congress Party (YSR Congress) received ₹442.8 crore.
Notable donations include Future Gaming and Hotel Services contributing ₹509 crore to the DMK. Future Gaming emerged as the biggest purchaser of electoral bonds, with a total of ₹1,368 crore, of which 37% went to the DMK. Other significant donors to the DMK included Megha Engineering, India Cements, and Sun TV.
Furthermore, the Telugu Desam Party (TDP) redeemed bonds worth ₹181.35 crore, while the Shiv Sena received ₹60.4 crore and the Rashtriya Janata Dal (RJD) received ₹56 crore.
The Samajwadi Party received ₹14.05 crore, the Shiromani Akali Dal received ₹7.26 crore, and the All India Anna Dravida Munnetra Kazhagam (AIADMK) received ₹6.05 crore.
Interestingly, the DMK disclosed the identity of its donors, while the BJP, Congress, Trinamool Congress, and Aam Aadmi Party (AAP) did not divulge details of their donors.
The Communist Party of India (Marxist) and the Bahujan Samaj Party (BSP) declared that they will not receive funds through electoral bonds.
Overall, the release of this data sheds light on the significant amounts of funds received by various political parties through electoral bonds, highlighting the transparency and disclosure practices of different parties in India’s political landscape.
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| thehindu.com |
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| – Election Commission of India (ECI) made public fresh data on electoral bonds – Data believed to be from before April 12, 2019 – Political parties filed data on Electoral Bonds in sealed cover as directed by Supreme Court – The Supreme Court ordered data to be put in the public domain – BJP received the highest amount of funds through electoral bonds at ₹6,986.5 crore – Trinamool Congress received ₹1,397 crore, Congress received ₹1,334 crore, BRS received ₹1,322 crore – BJD received ₹944.5 crore, DMK received ₹656.5 crore, YSR Congress received ₹442.8 crore – JD(S) received ₹89.75 crore, including ₹50 crore from Megha Engineering – Future Gaming and Hotel Services donated ₹509 crore to DMK – Future Gaming was the biggest purchaser of electoral bonds at ₹1,368 crore, with 37% going to DMK – Other major donors to DMK included Megha Engineering, India Cements, and Sun TV – TDP redeemed bonds worth ₹181.35 crore, Shiv Sena received ₹60.4 crore, RJD received ₹56 crore – Samajwadi Party received ₹14.05 crore, Akali Dal received ₹7.26 crore, AIADMK received ₹6.05 crore – National Conference received ₹50 lakh, CPI(M) and BSP did not receive funds through electoral bonds – DMK disclosed the identity of donors, while BJP, Congress, TMC, and AAP did not disclose details |
| indianexpress.com |
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| – The Election Commission has published electoral bond details submitted by political parties under sealed cover – The details are believed to pertain to the period before April 12, 2019 – Political parties filed data on Electoral Bonds in sealed cover as directed by the Supreme Court’s interim order – The data received from political parties was deposited in the Supreme Court without opening sealed covers – The Registry of the Supreme Court returned physical copies along with a digitized record of the same in a sealed cover – The Election Commission of India has uploaded the data received in digitized form from the registry of the Supreme Court on electoral bonds on its website – The EC had released data on electoral bonds issued from April 12, 2019 to February 15, 2024 – The ECI had submitted details of poll bonds sold and encashed before April 12, 2019 to the Supreme Court – The Bench asked the ECI to publish the earlier data as well, noting that copies of it would be maintained in the Office of the ECI – The ECI urged the court to modify the order as it had not retained any copies of the documents to maintain confidentiality – The Supreme Court had directed the SBI to give the ECI the data by March 6 and instructed the ECI to publish the data by March 13 – The ECI consistently weighed in favor of disclosure and transparency in the matter of electoral bonds according to the proceedings of the Supreme Court |
| indianexpress.com |
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| – Future Gaming and Hotel Services donated Rs 509 crore to Tamil Nadu’s ruling party DMK through electoral bonds – BJP received the most funds through electoral bonds at Rs 6,986.5 crore – Trinamool Congress received Rs 1,397 crore through electoral bonds – Congress received Rs 1,334 crore through electoral bonds – BRS received Rs 1,322 crore through electoral bonds – Odisha’s ruling party BJD received Rs 944.5 crore through electoral bonds – DMK received Rs 656.5 crore through electoral bonds – YSR Congress redeemed bonds worth nearly Rs 442.8 crore – JD(S) received bonds worth Rs 89.75 crore – Megha Engineering was the second largest purchaser of electoral bonds – Future Gaming was the biggest purchaser of electoral bonds at Rs 1,368 crore – DMK received donations from Megha Engineering, India Cements, and Sun TV – TMC received Rs 1,397 crore through electoral bonds – DMK disclosed the identity of donors, while BJP, Congress, TMC, and AAP did not – TDP redeemed bonds worth Rs 181.35 crore – Shiv Sena received Rs 60.4 crore through electoral bonds – RJD received Rs 56 crore through electoral bonds – Samajwadi Party received Rs 14.05 crore through electoral bonds – Akali Dal received Rs 7.26 crore through electoral bonds – AIADMK received Rs 6.05 crore through electoral bonds – National Conference received Rs 50 lakh through electoral bonds – CPI(M) declared it will not receive funds through electoral bonds – AIMIM and BSP showed nil receipts in filings made |
