SC's electoral bonds scheme verdict: How BJP stands to lose the most?
10 months, 1 week ago

SC's electoral bonds scheme verdict: How BJP stands to lose the most?

Hindustan Times  

The Supreme Court, in a landmark judgment on Thursday, delivered a big setback to the Bharatiya Janata Party-led government and annulled the electoral bonds scheme for political funding, saying it violates the Constitutional right to freedom of speech and expression as well as the right to information. All political parties put together received over ₹12,000 crore till last fiscal since the introduction of the now-annulled electoral bond scheme in 2018, of which the ruling BJP got nearly 55 per cent or ₹6,565 crore, according to the data available with the Election Commission and ADR. In the fiscal year 2018-19, the first full fiscal year after the introduction of electoral bonds, the BJP's income over doubled to ₹2,410 crore, while the Congress's income also rose significantly from ₹199 crore to ₹918 crore. In the last fiscal year 2022-23, the BJP's total income was ₹2,360 crore, of which nearly ₹1,300 crore came from electoral bonds. Among other parties, the Trinamool Congress received ₹325 crore through electoral bonds in the last fiscal year, while it was ₹529 crore for the Bahujan Samaj Party, ₹185 crore for the Dravida Munnetra Kazhagam, ₹152 crore for the Biju Janata Dal, and ₹34 crore for the Telugu Desam Party.

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History of this topic

SC turns down plea for SIT probe into electoral bonds scheme
4 months, 3 weeks ago

SC turns down plea for SIT probe into electoral bonds scheme

Hindustan Times  

The Supreme Court on Friday dismissed a clutch of petitions seeking a special investigation team probe under judicial supervision into an alleged scam involving political financing through electoral bonds, noting that the claims were based on assumptions and had not yet undergone the normal legal process. SC turns down plea for SIT probe into electoral bonds scheme While the petitioners …

Electoral bonds: SC to hear plea seeking SIT probe
5 months ago

Electoral bonds: SC to hear plea seeking SIT probe

The Hindu  

Chief Justice of India D.Y. Chandrachud on July 19, 2024, said a petition seeking the constitution of a Special Investigation Team to probe each and every instance of quid pro quo, corruption, and kickbacks revealed through the disclosure of details of the electoral bonds would be listed for hearing on July 22. The petition submitted that some of the country’s …

At least 93% of Lok Sabha poll winners are crorepatis: ADR analysis
6 months, 2 weeks ago

At least 93% of Lok Sabha poll winners are crorepatis: ADR analysis

The Hindu  

A staggering 93% of the candidates who won the 2024 Lok Sabha elections are crorepatis, up from 88% in 2019, according to an analysis by poll rights body Association of Democratic Reforms. The top three wealthiest candidates are TDP's Chandra Sekhar Pemmasani from Andhra Pradesh's Guntur constituency with assets worth ₹5,705 crore, BJP's Konda Vishweshwar Reddy from Telangana's Chevella with …

INTERVIEW | ‘Regional parties a key factor in many states,’ says Sukhbir Singh Badal
8 months ago

INTERVIEW | ‘Regional parties a key factor in many states,’ says Sukhbir Singh Badal

New Indian Express  

Q: What’s your take on the electoral bonds issue? Q: The INDIA bloc has been accusing the BJP of trying to crush opposition by misusing central agencies, your take on it? The Congress, which heads the INDIA alliance, is responsible not only for attacking Sri Darbar Sahib with tanks and mortars, but is also responsible for the genocide of Sikhs …

Electoral bonds will be back after consultations: Finance Minister Nirmala Sitharaman
8 months ago

Electoral bonds will be back after consultations: Finance Minister Nirmala Sitharaman

Hindustan Times  

The Bharatiya Janata Party intends to bring back electoral bonds in some form after wide consultations will all stakeholders if it is elected back to power in the 2024 general elections, Union finance minister Nirmala Sitharaman said on Friday, reposing her faith in the controversial political funding scheme that was scrapped by the Supreme Court in February but admitting that …

WATCH | Electoral bond not poll issue; people understand intent was to ensure clean money coming to politics: Tejasvi Surya
8 months ago

WATCH | Electoral bond not poll issue; people understand intent was to ensure clean money coming to politics: Tejasvi Surya

The Hindu  

Tejasvi Surya, incumbent MP from Bengaluru South, who is recontesting, made a pit stop to savour lunch at a BJP worker’s house in Koramangala. Secondly, we increased the deposit insurance amount from ₹50,000 to ₹5 lakh and made sure money was credited to the depositors’ account within 90 days. Because people understand that the intent behind the electoral bond was …

Karnataka: Rahul Gandhi terms electoral bonds ‘biggest extortion scam’
8 months ago

Karnataka: Rahul Gandhi terms electoral bonds ‘biggest extortion scam’

Hindustan Times  

Senior Congress leader Rahul Gandhi on Wednesday attacked Prime Minister Narendra Modi calling electoral bonds the “biggest extortion scam in the country”. However, Gandhi characterised electoral bonds as India’s largest scam, likening them to an extortion scheme run by “petty, goon elements.” Addressing a public rally in Mandya district as part of the ongoing Lok Sabha election campaign, the Congress …

BJP Won’t Win More than 150 Seats, Says Rahul
8 months ago

BJP Won’t Win More than 150 Seats, Says Rahul

Deccan Chronicle  

New Delhi: Congress leader Rahul Gandhi and Samajwadi Party chief Akhilesh Yadav addressed a joint press conference just before the first phase of polling for the Lok Sabha elections.The show of unity before polling was not lost. Taking the attack on the BJP, Rahul Gandhi claimed on Wednesday that there was a strong undercurrent in favour of the Opposition INDIA …

Electoral bonds country’s biggest corruption scandal: Rahul Gandhi in Karnataka
8 months, 1 week ago

Electoral bonds country’s biggest corruption scandal: Rahul Gandhi in Karnataka

Hindustan Times  

Mandya: Calling the electoral bonds the biggest extortion scam in the country, Congress leader Rahul Gandhi on Wednesday said that prime minister Narendra Modi’s hands were shivering when he was asked about the controversial bonds. However, Gandhi characterised electoral bonds as India’s largest scam, likening them to an extortion scheme run by “petty, goonda elements.” “When he was talking about …

Electoral Bonds Biggest Extortion Scam, Alleges Rahul Gandhi
8 months, 1 week ago

Electoral Bonds Biggest Extortion Scam, Alleges Rahul Gandhi

Deccan Chronicle  

Bengaluru: Congress leader Rahul Gandhi on Wednesday termed the electoral bonds as a “biggest extortion scam” where donations were collected by way of threats and money has been allegedly looted by the Bharatiya Janata Party holding reins at the Centre. “Usually, petty goons engage in issuing threats and loot money and in ordinary language, it is called as an extortion,” …

Rahul calls electoral bonds world’s biggest ‘extortion scheme’, attacks Modi
8 months, 1 week ago

Rahul calls electoral bonds world’s biggest ‘extortion scheme’, attacks Modi

Hindustan Times  

Member of Parliament Rahul Gandhi on Wednesday called the now-scrapped electoral bonds the world’s biggest “extortion scheme” and Prime Minister Narendra Modi a “champion of corruption” as the Congress leader addressed a press conference with Samajwadi Party chief Akhilesh Yadav in Ghaziabad, which is due to go to the polls on April 26 in the second phase of national polls. …

PM Modi justifying poll bond despite verdict: Sanjay Singh
8 months, 1 week ago

PM Modi justifying poll bond despite verdict: Sanjay Singh

New Indian Express  

NEW DELHI: Despite the Supreme Court declaring them unconstitutional and illegal, Prime Minister Modi is going out of his way to justify the electoral bonds, AAP Rajya Sabha MP Sanjay Singh alleged on Tuesday. Singh said that in an interview to a TV news channel, Modi openly supported the corruption indulged in by the BJP through electoral bonds. The BJP …

OPINION | HOW MODI DEMOLISHED OPPOSITION CHARGE ON ELECTORAL BONDS
8 months, 1 week ago

OPINION | HOW MODI DEMOLISHED OPPOSITION CHARGE ON ELECTORAL BONDS

India TV News  

For the first time, Prime Minister Narendra Modi spoke in detail about the recently scrapped Electoral Bond Scheme and came out with facts and figures to reject the Opposition charge that BJP cornered most of the donations. In an interview to ANI news agency on Monday, Modi said, out of nearly 3,000 companies that bought electoral bonds, only 26 companies …

PM Modi Opens Up On Electoral Bonds, His Intervention Amid Russia-Ukraine War, And More
8 months, 1 week ago

PM Modi Opens Up On Electoral Bonds, His Intervention Amid Russia-Ukraine War, And More

ABP News  

In the run-up to the Lok Sabha Election 2024, Prime Minister Narendra Modi has spoken about electoral bonds, his intervention amid the Russia-Ukraine war, the Ram Temple inauguration, the Santana Dharma row, and more while also hitting out at the Opposition including the Congress and the Dravida Munnetra Kazhagam. PM Modi On His Intervention Amid Russia-Ukraine War, 'Santana Dharma' Row, …

PM Modi details 'Vision 2047', hits back at Opposition on ED raids, Electoral bonds issue | DETAILS
8 months, 1 week ago

PM Modi details 'Vision 2047', hits back at Opposition on ED raids, Electoral bonds issue | DETAILS

India TV News  

PM Modi interview: Prime Minister Narendra Modi has said that he has "big plans" for the country upon his return to the office after the Lok Sabha elections 2024, and assured that nobody needs to be "scared" of his decisions. PM Modi on 'One Nation, One Election' PM Modi reiterated his government's commitment to 'One Nation, One Election' idea, as …

"Everyone will regret it": Prime Minister Modi criticises decision to scrap electoral bond scheme
8 months, 1 week ago

"Everyone will regret it": Prime Minister Modi criticises decision to scrap electoral bond scheme

New Indian Express  

Prime Minister Narendra Modi on Monday accused the opposition parties of "spreading lies" over the electoral bonds scheme, which has been struck down by the Supreme Court, and said "everyone will regret it when there is an honest reflection". In an interview with ANI, PM Modi said the electoral bonds scheme was aimed at curbing black money in elections and …

​Pandora’s box: The Hindu Editorial on the electoral bonds scheme, emerging details
8 months, 1 week ago

​Pandora’s box: The Hindu Editorial on the electoral bonds scheme, emerging details

The Hindu  

In the last month or so, ever since the State Bank of India was compelled by the Supreme Court of India to release information on donations via electoral bonds to political parties, emerging details have only confirmed the worst fears of naysayers in regulatory and policy-making institutions about the scheme before it was introduced by the Bharatiya Janata Party -led …

Electoral Bonds Case: Company electoral bonds purchases exceed 7.5% cap by ₹1,377.9 crore in 2022-24 | Data
8 months, 2 weeks ago

Electoral Bonds Case: Company electoral bonds purchases exceed 7.5% cap by ₹1,377.9 crore in 2022-24 | Data

The Hindu  

The Supreme Court’s February 15 verdict on electoral bonds had held the deletion of a provision contained in Section 182 of the Companies Act, 2013, which enabled unlimited corporate contributions to political parties as “violative of Article 14 of the Indian constitution”. Based on an analysis, the electoral bond data relating to 385 companies that had donated bonds totalling ₹5,362.2 …

Jairam Ramesh says nation paid price for BJP’s compulsion to get donations at all costs
8 months, 2 weeks ago

Jairam Ramesh says nation paid price for BJP’s compulsion to get donations at all costs

The Hindu  

The Congress on April 4 alleged that the nation has had to pay a price as the BJP’s “compulsion” to get donations at all costs prompted the government to come up with the electoral bond scheme despite the Reserve Bank of India’s advice against it. Congress General Secretary Jairam Ramesh made these remarks on The Hindu news report on Thursday …

Electoral Bonds: 33 loss-making firms donated electoral bonds worth ₹582 crore, 75% went to BJP | Data
8 months, 2 weeks ago

Electoral Bonds: 33 loss-making firms donated electoral bonds worth ₹582 crore, 75% went to BJP | Data

The Hindu  

The sources of funds of at least 45 companies that donated electoral bonds to various political parties are found to be suspect based on a joint analysis by The Hindu and an independent research team. Electoral bonds data | Many pharma companies that bought electoral bonds faced regulatory actions Six companies donated a total of ₹646 crore, out of which …

Those criticising electoral bonds will soon regret, says PM Modi
8 months, 3 weeks ago

Those criticising electoral bonds will soon regret, says PM Modi

Hindustan Times  

Prime Minister Narendra Modi on Sunday said those criticising the use of electoral bonds will “soon regret it” as the now-scrapped scheme provided details on the source of funding to political parties. Besides electoral bonds, PM Narendra Modi also spoke on the severing of ties between the BJP and AIADMK in Tamil Nadu and termed the development a latter’s “loss” …

Bonds, big money and an imperfect democracy
8 months, 3 weeks ago

Bonds, big money and an imperfect democracy

The Hindu  

The electoral bonds scheme that has been declared unconstitutional by the Supreme Court of India, was supposed to end the financing of elections with black money. In effect, the electoral bonds scheme was only an additional avenue for funds that political parties received. Cronyism uncovered Even though the electoral bonds formed a fraction of the total funding requirement of political …

’Electoral bond issue not only biggest scam in India but...,’ FM Nirmala Sitharaman’s economist husband says
8 months, 3 weeks ago

’Electoral bond issue not only biggest scam in India but...,’ FM Nirmala Sitharaman’s economist husband says

Live Mint  

Renowned economist Parakala Prabhakar has projected that the "electoral bond issue" will cost the ruling Bharatiya Janata Party heavily. Prabhakar, the husband of Union Finance Minister Nirmala Sitharaman, told news channel Reporter TV, "The electoral bond issue will gain much more momentum than what it is today. The BJP received the maximum funds via electoral bonds at ₹6,986.5 crore between …

DC Edit | Only probe can establish facts of murky poll bond sales
8 months, 3 weeks ago

DC Edit | Only probe can establish facts of murky poll bond sales

Deccan Chronicle  

The Supreme Court of India struck down the electoral bond scheme finding it violative of the citizen’s fundamental right to information under Article 19 of the Constitution. The information that has reached the public domain after the State Bank of India, which executed the scheme, handed it over to the Election Commission of India on the orders of the court …

Sordid scheme: The Hindu Editorial on the electoral bond scheme, electoral financing
8 months, 4 weeks ago

Sordid scheme: The Hindu Editorial on the electoral bond scheme, electoral financing

The Hindu  

Following the Supreme Court of India-ordered release of the final tranche of data from the State Bank of India, it has now been possible to get a nearly complete picture of electoral financing, which was once an opaque route. The SBI had to release data of the unique numbers for electoral bonds purchased by corporate and individual donors and later …

India Reveals Biggest Donors to Modi’s Party Under Now-Banned Electoral Bond
8 months, 4 weeks ago

India Reveals Biggest Donors to Modi’s Party Under Now-Banned Electoral Bond

Live Mint  

-- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Megha Engineering and Infrastructures Ltd. was the largest donor to Prime Minister Narendra Modi’s Bharatiya Janata Party over the past five years, purchasing about 6.7 billion rupees of electoral bonds, …

Electoral bonds linked to project clearances by BRS government in Telangana
9 months ago

Electoral bonds linked to project clearances by BRS government in Telangana

The Hindu  

The purchase of electoral bonds and subsequent encashment by the then ruling party in Telangana, the Bharat Rashtra Samithi, seemed to be closely linked to the award of contracts and opening of new units by donor companies, if the report submitted to the Election Commission is to be believed. Recipients of the bonds bought by pharma major Dr. Reddy’s Laboratories …

BJP made ‘bribes’ legal via electoral bonds: Congress
9 months ago

BJP made ‘bribes’ legal via electoral bonds: Congress

The Hindu  

March 23, 2024 08:14 pm | Updated March 24, 2024 08:52 am IST - NEW DELHI Alleging that the electoral bond scheme ensured that “prepaid, postpaid, and post-raid bribes” could be routed through regular banking channels, the Congress on March 23 reiterated its demand for a Supreme Court-monitored investigation into the scheme. Addressing a press conference at party headquarters, Congress …

Electoral bonds are ‘post-raid’ bribes to BJP-led government: Jairam Ramesh
9 months ago

Electoral bonds are ‘post-raid’ bribes to BJP-led government: Jairam Ramesh

Hindustan Times  

New Delhi: Senior Congress leader and MP Jairam Ramesh on Saturday said that the electoral bonds are “pre-paid”, “post-paid” and “post-raid” bribes, through which the central government had given Rs.3.8 lakh crore in projects and contracts to private companies in exchange for Rs.2,004 crore in donations to the Bharatiya Janata Party. In its 2019 manifesto, the Congress promised to scrap …

Satire | Bias against electoral bonds
9 months ago

Satire | Bias against electoral bonds

The Hindu  

The electoral bond, like yoga and zero, is one of the great innovations of Indic genius — it’s our gift to human civilisation. As the cop gaped at him, Wife quipped from the backseat, “Don’t let him leave India until he buys electoral bonds.” “Both of you, stop it!” I said. Seriously, it’s appalling to find all kinds of busybodies …

Electoral Bonds data | Firms from Telangana, A.P. loosened purse strings for multiple political parties
9 months ago

Electoral Bonds data | Firms from Telangana, A.P. loosened purse strings for multiple political parties

The Hindu  

From pharmaceutical drugmakers, healthcare providers, infrastructure as well as realty developers to those in educational services, several companies across industries in Telangana and Andhra Pradesh had purchased electoral bonds that were encashed by different political parties. Infrastructure developer Megha Group, through several group firms, which at ₹1,186 crore had emerged as the largest purchaser of electoral bonds from the region, …

Electoral bonds: Who received biggest amount from ‘Lottery King’ Santiago Martin's firm?
9 months ago

Electoral bonds: Who received biggest amount from ‘Lottery King’ Santiago Martin's firm?

Hindustan Times  

New Delhi: Mamata Banerjee-led Trinamool Congress received ₹540 crore from Santiago Martin's Future Gaming through electoral bonds, becoming the largest beneficiary of the 'Lottery King's' firm. Santiago Martin's company gave ₹509 crore to Tamil Nadu's ruling party DMK, nearly ₹160 crore to Andhra Pradesh's YSR Congress Party, ₹100 crore to BJP and ₹50 crore to Congress. The BJP is the …

Electoral bonds: Who were big donors for ruling BJP? | Check complete data HERE
9 months ago

Electoral bonds: Who were big donors for ruling BJP? | Check complete data HERE

India TV News  

Electoral bonds: The Election Commission of India on Thursday published the complete electoral bond data submitted by the State Bank of India on the orders of the Supreme Court. The Bharatiya Janata Party, the biggest beneficiary of electoral bonds with donations worth over Rs 6,000 crore in the last four years of the scheme, got funds from several corporates and …

BJP got 84% of electoral bonds bought by top 10 individuals
9 months ago

BJP got 84% of electoral bonds bought by top 10 individuals

Hindustan Times  

The top 10 individual donors bought electoral bonds worth ₹180.2 crore between April 12, 2019 and January 11, 2024, and of this, ₹152.2 crore or 84.5% was donated to the Bharatiya Janata Party, according to the latest tranche of data released by the Election Commission on Thursday. The top donor, ArcelorMittal’s chairperson Lakshmi Niwas Mittal, bought bonds worth ₹35 crore, …

Electoral bonds: Donor-party link public after SC push
9 months ago

Electoral bonds: Donor-party link public after SC push

Hindustan Times  

The Election Commission of India on Thursday released State Bank of India data listing the unique serial number linked with each electoral bond and other details about beneficiaries and donors, allowing the matching purchasers of bonds with the political parties that received the funds. Under the 2018 EB scheme — which was quashed by a Constitution bench of the Supreme …

Electoral bonds full data | Companies under ED, I-T scanner donated poll bonds to BJP, BRS, Congress
9 months ago

Electoral bonds full data | Companies under ED, I-T scanner donated poll bonds to BJP, BRS, Congress

The Hindu  

Many companies that faced regulatory action in the past five years have all donated electoral bonds to the Bharatiya Janata Party in some measure, data released by the Election Commission to comply with the orders of the Supreme Court show. Micro Labs purchased electoral bonds worth ₹16 crore in all, of which ₹7 crore went to the Sikkim Krantikari Morcha, …

Electoral bonds full data | Vedanta is biggest donor for Congress, Essel Mining for BJD
9 months ago

Electoral bonds full data | Vedanta is biggest donor for Congress, Essel Mining for BJD

The Hindu  

Vedanta Ltd. was the biggest donor of electoral bonds for the Congress, while Megha Engineering and Infrastructures Ltd. was the biggest donor for the Bharat Rashtra Samithi. The Congress encashed ₹1,422 crore in total, of which Vedanta Limited contributed ₹125 crore, followed by ₹110 crore that came from Western UP Power Transmission Company limited, a subsidiary of MEIL, and ₹91.6 …

Electoral bonds: ‘Lottery king’ top donor for Opposition, BJP got most from this firm
9 months ago

Electoral bonds: ‘Lottery king’ top donor for Opposition, BJP got most from this firm

Hindustan Times  

The Election Commission of India complied with a Supreme Court order on Thursday by releasing detailed electoral bond data submitted by the State Bank of India. Megha Engineering and Infrastructure Limited donated electoral bonds worth ₹670 crores to the BJP since April 2019. Qwik Supply Chain, an affiliate of Mukesh Ambani's Reliance group, contributed ₹375 to the BJP through electoral …

Electoral Bond full data | Future Gaming gave ₹542 crore to TMC, MEIL ₹548 crore to BJP
9 months ago

Electoral Bond full data | Future Gaming gave ₹542 crore to TMC, MEIL ₹548 crore to BJP

The Hindu  

Hyderabad-based Megha Engineering and Infrastructures, Ltd. donated ₹584 crore to the BJP – the most by a donor for any single party. Its subsidiary Western UP Power Transmission Company, Ltd. donated ₹110 crore to the Indian National Congress, followed by ₹80 crore to the BJP, data released by the Election Commission on Thursday revealed. Lottery magnate Santiago Martin’s Future Gaming …

Electoral bonds data: Future Gaming donated ₹150 crore to YSR Congress, ₹50 crore to BJP
9 months ago

Electoral bonds data: Future Gaming donated ₹150 crore to YSR Congress, ₹50 crore to BJP

Live Mint  

An initial analysis of electoral bonds data provided by the State Bank of India shows that Future Gaming and Hotel Services PR—the biggest donner of Dravida Munnetra Kazhagam also gave at least ₹150 crore to YS Jagan Mohan Reddy-led YSR Congress and ₹50 crore to the Bharatiya Janata Party, news agency PTI reported on Thursday. The electoral bonds data was …

Rs 8,251 Cr Worth Electoral Bonds Were Encashed by BJP, Says SBI
9 months ago

Rs 8,251 Cr Worth Electoral Bonds Were Encashed by BJP, Says SBI

Deccan Chronicle  

New Delhi: The Election Commission of India on Thursday released the last tranche of data supplied by the State Bank of India pertaining to the electoral bonds. The BJP, encashed the highest number of bonds worth of Rs 8,251.8 crore – close to 50 per cent of the total Rs 16,518 crore. Hyderabad-based Megha Engineering and Infrastructure Limited the second …

Electoral Bonds case | SBI confirms to Supreme Court its ‘complete disclosure’ of electoral bonds data
9 months ago

Electoral Bonds case | SBI confirms to Supreme Court its ‘complete disclosure’ of electoral bonds data

The Hindu  

The State Bank of India on Thursday informed the Supreme Court that it has made a “complete disclosure” of all the details regarding the purchase and encashment of electoral bonds in its possession and custody to the Election Commission of India for publication on its official website. In an affidavit, SBI chairman Dinesh Kumar Khara said that the information shared …

India’s voters deserve a bond — of probity
9 months ago

India’s voters deserve a bond — of probity

The Hindu  

There are a few basic tenets of good laws and public policies: lack of ambiguity, enforceability, predictability, and accountability. As a solution, the Finance Minister proposed a reform, the EBS, which “will bring about greater transparency and accountability in political funding, while preventing future generation of black money”. However, the real twist in the tale is that according to Section …

Electoral Bonds Misinformation Debunked: From 'Pak Funding' Myths To Politicians Twisting Data
9 months ago

Electoral Bonds Misinformation Debunked: From 'Pak Funding' Myths To Politicians Twisting Data

ABP News  

A Google search for Hub Power Company in India directed us to a Delhi-based enterprise registered in 2018 as a proprietorship on the official Goods and Service Tax website. SII's Rs 52 crore donation via 'electoral bonds' Another viral post on social media claimed that the Pune-based vaccine manufacturer Serum Institute of India donated over Rs 50 crore to the …

'Ask Rahul Gandhi to Explain Rs 1,600 Cr Hafta Vasooli': Amit Shah Tears Into INDIA Bloc over Electoral Bonds
9 months ago

'Ask Rahul Gandhi to Explain Rs 1,600 Cr Hafta Vasooli': Amit Shah Tears Into INDIA Bloc over Electoral Bonds

News 18  

Union Home Minister Amit Shah is of the opinion that the Supreme Court’s decision to strike down electoral bonds will bring back the reign of black money in politics. Speaking at CNN-News18’s Rising Bharat Summit, Shah said: “The Supreme Court’s decision is binding on all citizens and I respect their verdict on electoral bonds. This is why the entire INDIA …

Electoral Bonds: Many pharma companies that bought electoral bonds faced regulatory actions
9 months ago

Electoral Bonds: Many pharma companies that bought electoral bonds faced regulatory actions

The Hindu  

March 19, 2024 07:21 pm | Updated March 20, 2024 03:19 pm IST On March 15, The Hindu reported that many top purchasers of electoral bonds had also been under the Enforcement Directorate’s or the Income Tax Department’s scanner at some point in the last five years. Complete coverage | Making sense of the electoral bonds data Pharma companies Hetero …

Electoral bonds: Infosys, BIOCON, Megha Engineering among top donors to JD(S)
9 months ago

Electoral bonds: Infosys, BIOCON, Megha Engineering among top donors to JD(S)

Hindustan Times  

HD Deve Gowda-led Janata Dal received donations from corporate giants including Infosys, BIOCON, Embassy Group and JSW Steel via electoral bonds between March 20, 2018 to April 18, 2023, the party's submission to the Election Commission had stated. The JD, which received donations worth ₹89.75 crore received via electoral bonds, was among the political parties which shared details of donors. …

Mother of Democracy? Electoral Bonds are the Annihilation of Democratic Values
9 months ago

Mother of Democracy? Electoral Bonds are the Annihilation of Democratic Values

The Quint  

Fresh data on the purchase patterns of electoral bonds emerged over the weekend. According to an investigation by The Quint, “The new figures revealed that the Bharatiya Janata Party received Rs 2,658.35 crore in electoral bonds between 9 March 2018 and 11 April 2019. The Congress party received Rs 530.1 crore, Trinamool Congress got Rs 97.28 crore, and the Biju …

Electoral Bonds: IT majors such as Infosys, Cyient and Zensar on list of donors
9 months ago

Electoral Bonds: IT majors such as Infosys, Cyient and Zensar on list of donors

Live Mint  

Electoral Bonds: Information technology and engineering services companies, including Infosys, Cyient, and Zensar Technologies, have been identified as donors to political parties through the electoral bonds scheme, as per data released on March 17 by the Election Commission of India. Party-wise list of funding through EBS made public on March 17 — The Bharatiya Janata Party encashed electoral bonds totalling …

Election commission data shows 15 prominent corporate figures bought electoral bonds: Report
9 months ago

Election commission data shows 15 prominent corporate figures bought electoral bonds: Report

Hindustan Times  

The Election Commission of India's disclosure of electoral bonds data indicates that a total of 333 individuals bought bonds amounting to ₹358.91 crore between April 2019 and January 2024, The Indian Express reported. The Election Commission released data received from political parties on electoral bonds, which it had given to the Supreme Court in sealed covers. Here is the list …

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