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Electoral Bonds: Before the Lok Sabha elections, electoral bonds are in constant discussion. Following the strictness of the Supreme Court, the Election Commission on Sunday disclosed the money kept in sealed envelopes by various political parties. The Election Commission told how much money which party received from electoral bonds and how much was given by which company or person.
After this explanation many interesting things have also come to light. Let us find out who are the biggest donors in electoral bonds and which political party has received the most money.
Nitish Kumar's JDU, Stalin's DMK and many other parties said that they received Rs 10 crore through electoral bonds, which is benami electoral bonds, there is no name on it. An unknown source left an envelope at the gate of his office. Which he has kept in his party's donation account.
According to the information shared by the Election Commission, from April 1, 2019 to February 15, 2024, various political parties in the country have received a total donation of Rs 12,156 crore through electoral bonds.
Who are the major donors of electoral bonds?
- Through this bond, Future Gaming and Hotel Services has raised Rs. Donation of Rs 1368 crore has been given.
- Megha Engineering & Infrastructure Limited has invested Rs. Donation of Rs 966 crore was given.
- Quick Supply Chain Rs. Electoral bonds worth Rs 410 crore have been donated.
- Vedanta Group has donated Rs 402 crore through electoral bonds.
- Haldia Engineering Limited has donated Rs 377 crore through electoral bonds.
- Bharti Airtel Group has invested Rs. Donation of Rs 247 crore has been given.
- Essel Mining raised Rs. Have collected. Donation of Rs 224 crore has been given.
- Western UP Power Transmission Company Limited through electoral bonds of Rs. Donation of Rs 220 crore has been given.
Which party got the most money from electoral bonds?
The Election Commission on Sunday shared new information on electoral bonds and funds given to political parties since the scheme was launched in 2018, detailing how much money each political party received from which company or individual.
BJP got the maximum amount
According to Election Commission data, BJP has collected the maximum amount of money. Rs 6,986.5 crore has been received. However, the BJP did not disclose who gave the money, citing the Representation of the People Act, 1951 and relevant sections of the Reserve Bank of India Act and the Income Tax Act.
DMK in second place
Tamil Nadu's ruling DMK (Dravida Munnetra Kazhagam) is second in the list with electoral bonds worth Rs. Rs 665.5 crore have been received. Lottery king Santiago Martin's Future Gaming & Services and Megha Engineering & Infra are among the DMK's top donors, with 77 per cent coming from Future Gaming, which contributed Rs. 509 crore and Megha Engineering contributed Rs. A contribution of Rs 105 crore has been made.
How much did the other parties receive through the bonds?
Bihar Chief Minister Nitish Kumar's party got so many crores of rupees and got benami bonds worth Rs. 10 crores. Which he has deposited in the party's donation account. In 2019, Aam Aadmi Party received Rs. 3 crore and from Torrent Pharmaceuticals of Rs. Got Rs 1 crore. That means you have received Rs 4 crore through this bond. West Bengal's ruling party Trinamool Congress received Rs. 1,397 crore, Congress Rs. Rs 1,334 crore has been received. Bharat Rashtra Samiti has received Rs 1,322 crore.
These political parties did not get even a single rupee
Among national parties, Communist Party of India (Marxist) and among state parties Communist Party of India, Maharashtra Navnirman Sena, Indian Union Muslim League and Kerala Congress said that their party has not received a single rupee from any electoral bond. (EB). Several other national parties have announced the amount without disclosing the names of the donors.
What is this electoral bond?
To campaign during elections, political parties put up hoardings, posters and hold public meetings including rallies for public relations. Parties receive huge amounts of money in the form of donations for this campaign. Political parties receive donations in two ways. The company or individual cuts the check and deposits it in the party's account or transfers it electronically.
The second method is election bond or electoral bond. Those who can take bonds of different denominations not directly in the party's account but in the company or individual's SBI in the name of the party. This amount can be in lakhs of crores. The government declares them four times every year in January, April, July and October for ten days each. Then the interested company or individual can donate money to their favorite political party through this bond.
Supreme Court imposed ban and asked for data from EC
However, in a recent case related to this, the Supreme Court banned this bond and gave strict orders to the Election Commission to give information about how much money the parties received under this bond and who gave it.