The Election Commission of India (ECI) has made public the electoral bond data supplied by the State Bank of India (SBI) on its official web site. The disclosure contains notable donors to political events by way of electoral bonds, resembling Grasim Industries, Megha Engineering, Piramal Enterprises, Apollo Tyres, Lakshmi Mittal, Edelweiss, PVR, Keventer, Sula Wine, Welspun, and Sun Pharma.
Compliance with Supreme Court directives
Following the directives of the Supreme Court, outlined in its orders dated February 15 and March 11, 2024 (within the matter of WPC NO.880 of 2017), the State Bank of India supplied electoral bonds data to the Election Commission on March 12, 2024. The ECI, in an announcement, affirmed its dedication to transparency and disclosure, highlighting its constant stance in favor of openness in political funding.
Accessing electoral bonds data
The electoral bond data, now accessible on the ECI web site, might be accessed on the following URL: https://www.eci.gov.in/candidate-politicalparty. The transfer to publish this data aligns with the ECI’s dedication to transparency and accountability within the electoral course of.
Ensuring transparency and accountability
Electoral bonds have been the topic of intensive debate and scrutiny due to their use by people and companies for nameless donations to political events. The Supreme Court’s directive to SBI to share detailed data with the Election Commission goals to improve transparency and accountability in political funding. The disclosed data contains particulars such because the date of buy, names of purchasers, denominations of bonds, date of encashment, and the recipient’s political events.
Conclusion
The publication of electoral bond data marks a big step in direction of higher transparency in political financing. By offering insights into political contributions, the Election Commission strives to uphold the integrity of the electoral course of and reinforce belief in democratic ideas.
Also learn | Election Commission publishes electoral bonds data shared by SBI on its web site
