Page 3 - Latest Updates on Electoral Bond
Electoral bond disclosures: Mapping the changing dynamics of donations
Donations have become less spread out than before
 "Electoral bond disclosures: Mapping the changing dynamics of donations")
Only 8 Sensex companies disclosed political donations in five years
Bharti Airtel stood out as the only Sensex company that consistently made political contributions each year, in the past five financial years
 "Only 8 Sensex companies disclosed political donations in five years")
Electoral bond disclosures: BJP gets lion's share from listed companies
70 per cent of electoral bond flows went to the saffron party
 "Electoral bond disclosures: BJP gets lion's share from listed companies")
41 companies facing probe by central agencies in electoral bond list
'They have got a total of Rs 3.7 lakh crore in projects and contracts, in exchange for Rs 1,751 crore electoral bond donations to the BJP,' Prashant Bhushan alleged
 "41 companies facing probe by central agencies in electoral bond list")
Electoral bond disclosures: Jalan group bonds well with political parties
Financial records of two group companies show that the donations gave are disproportionately high compared to the of the firms, at least in the years they purchased the bonds
 "Electoral bond disclosures: Jalan group bonds well with political parties")
Intention behind bringing electoral bonds scheme was good: Nitin Gadkari
The senior BJP leader said all political parties need to sit together and deliberate if the Supreme Court gives any further direction on the matter
 "Intention behind bringing electoral bonds scheme was good: Nitin Gadkari")
Electoral bond disclosures: Small, unrecognised parties reap benefits
Most unrecognized parties had disclosed their share of electoral bonds received as 'nil', as per the electoral bonds disclosure in digitised form on 17 March 2024
 "Electoral bond disclosures: Small, unrecognised parties reap benefits")
Political funding's troubling sinkhole
Electoral bonds echo an old colonial playbook, and unless those issues are addressed, they will remain a gateway to corruption
 "Political funding's troubling sinkhole")
BJP biggest beneficiary of Aurobindo Pharma's Rs 52 cr electoral bonds
Earlier this week, Congress general secretary Jairam Ramesh had highlighted Aurobindo Pharma's case to attack the govt on the now scrapped electoral bonds issue saying it was indulging in extortion
Bharti Airtel, subsidiary donated Rs 234 cr to BJP via electoral bonds
Bharti Airtel donated nearly Rs 197.5 crore to BJP, Rs 50 lakh to J&K National Conference, and Rs 10 lakh to Rashtriya Janata Dal
 "Bharti Airtel, subsidiary donated Rs 234 cr to BJP via electoral bonds")
Electoral bonds data: Here's how much the BJP, Congress and TMC received
While BJP received the largest amount of corporate donations via electoral bonds, Congress ranked behind Trinamool Congress in terms of donations
 "Electoral bonds data: Here's how much the BJP, Congress and TMC received")
Electoral bonds data: Here's a list of the biggest donors and beneficiaries
Lottery firm Future Gaming and Megha Infrastructure were the biggest purchasers of the electoral bonds scheme, while BJP and TMC were the largest beneficiaries
 "Electoral bonds data: Here's a list of the biggest donors and beneficiaries")
Company that's biggest electoral bond donor funded 10 state-level parties
Future Gaming and Hotel Services spread its bets across national and regional players
 "Company that's biggest electoral bond donor funded 10 state-level parties")
Firm gave BJP Rs 25 cr in donations after director's arrest: Bharadwaj
A Hyderabad-based Pharma company whose director was arrested by ED in the excise policy case paid Rs 25 cr in electoral bonds to the BJP in November 2022, he alleged
 "Firm gave BJP Rs 25 cr in donations after director's arrest: Bharadwaj")
Electoral bonds: Megha Engineering, Qwik Supply big donors for ruling BJP
The BJP also got donations worth Rs 80 crore from Western UP Power and Transmission Company, and Rs 42 crore from Welspun
Electoral bonds: Future Gaming donates Rs 540 cr to TMC, Rs 509 cr to DMK
While a plethora of well-known corporates bought the bonds when the scheme was alive, the biggest donor to political parties was Future Gaming, which purchased bonds worth Rs 1,368 crore
 "Electoral bonds: Future Gaming donates Rs 540 cr to TMC, Rs 509 cr to DMK")
Electoral bonds data: Qwik Supply gave Rs 385 cr to BJP, Rs 25 to Shiv Sena
Qwik Supply, an unlisted private company, was incorporated on November 9, 2000, with an authorised share capital of Rs 130.99 crore. Its paid-up capital is Rs 129.99 crore
 "Electoral bonds data: Qwik Supply gave Rs 385 cr to BJP, Rs 25 to Shiv Sena")
Election Commission publishes electoral bond data with matching numbers
The 552 page list of parties that redeemed these bonds is of the duration April 12, 2019 to January 24, 2024. The EC said it has uploaded the data received from the SBI on "as is where is basis"
 "Election Commission publishes electoral bond data with matching numbers")
Needed: Solutions for political finance
As the apex court has ruled, the electoral bond scheme was not appropriate
SBI submits all electoral bond details, including unique numbers, to ECI
The unique numbers would match the buyers and the recipient political parties of the electoral bonds
