New Delhi: The Supreme Court (SC) has given a serious ruling on the electoral bond in the present day. It has banned the electoral bond with instant impact. It has additionally stopped the issuance of latest bonds. Moreover, it has directed the SBI (State Bank of India) to share the small print of the donations acquired thus far. SBI has to submit this data to the Election Commission by March 6. By March 13, all the information must be posted on the Election Commission’s web site. This will reveal the quantity and supply of donations to every get together. Let us learn the way a lot every get together has acquired via the electoral bond until now.
How Much Money Came From Electoral Bond?
The report of Analysis of Donations to (*5*) (*6*) Political Parties (ADR) has analysed the donations acquired by 31 political events within the final 6 years. The ADR report says that political events received greater than 16,437 crore rupees as donations. Out of this, 9,188 crore rupees got here as electoral bonds, which is sort of 55 p.c of the whole donations.
Electoral Bond Vs Corporate Donation
There was a 743 p.c rise in donations via electoral bonds between the monetary 12 months 2017-18 and 2021-22. On the opposite hand, company donations elevated by solely 48 p.c. During this era, nationwide and regional events received about 9,188 crore rupees. Whereas, company donations have been round 4,614 crore rupees.
BJP Got More Than Three Times The Money
The ADR report reveals that BJP received greater than thrice the donation from the electoral bond than the whole of all different nationwide events. In 6 years, BJP received greater than 5,271 crore rupees as donations via electoral bonds, which is about 52 p.c of the donations via electoral bonds. While the remainder of the nationwide events received just one,783 crore rupees as donations via electoral bonds.
How Much Did Congress Earn From Bonds?
Congress was second on this matter. It received greater than 952 crore rupees as donations via electoral bonds. Mamata Banerjee’s get together AITC was third. It received greater than 767 crore rupees as donations via electoral bonds.
Which Party Has Received Highest Donations?
Biju Janata Dal (BJD) received 89 p.c of its complete donations via electoral bonds. BJD received 622 crore rupees as donations from electoral bonds. After that, DMK received 431 crore rupees via electoral bonds. Then, TRS was subsequent, which received 383 crore rupees from electoral bonds. Whereas, YSR Congress received greater than 330 crore rupees.
