JMM first party to declare name of electoral bonds donor
3 years, 8 months ago

JMM first party to declare name of electoral bonds donor

The Hindu  

The Jharkhand Mukti Morcha is the first party that has declared the name of the entity which made donations to it through electoral bonds, the Association for Democratic Reforms, a poll rights group, said. In a new report, the association said the most common and popular source of income for national and regional political parties in 2019-20 were donations through electoral bonds. “It is to be noted that the JMM party has declared the name of the donor who donated ₹1 crore through electoral bonds in its contribution report for FY 2019-20, however, this income through electoral bonds has not been declared by the party in its audit report for FY 2019-20,” it said. The report said more than 50% of the total income — ₹312.37 crore — of 19 political parties, analysed for the 2019-20 fiscal, was received from donations through electoral bonds. The All India Trinamool Congress reported having the highest income of ₹143.676 crore, which forms 23.20% of the total income of all the parties analysed, followed by the Telugu Desam Party with an income of ₹91.53 crore or 14.78% and the Biju Janata Dal with an income of ₹90.35 crore or 14.59%, the report said.

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