Electoral bond data: Who gave the most and which party got how much in the first two years Premium
The Hindu
Election Commission reveals top electoral bond purchasers and parties, Supreme Court demands full disclosure from SBI.
Last week , the Election Commission of India (ECI) put up the list of donors who purchased electoral bonds and the political parties that encashed them. On Monday, the Supreme Court asked the State Bank of India to make a “complete disclosure” of electoral bonds data including their unique hidden serial numbers by Thursday. While the numbers that link the purchasers and the donors are awaited, the following tables take a look at the share of bonds purchased and encashed across various dates, for which information is currently available in the public domain.
The table looks at the companies/individuals with the highest share in total electoral bonds purchased between April 12, 2019 and May 10, 2019 coinciding with the 2019 Lok Sabha elections. It also looks at the parties that got the highest share of the electoral bonds encashed between April 12, 2019 and May 22, 2019.
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Keventer Foodpark Infra Ltd. bought Rs.195 crore worth of electoral bonds (13.1% in total purchases in the period), followed by Madanlal Ltd. (12.5%) and Megha Engineering and Infrastructures Ltd.*(8.4%). In case of parties, the BJP encashed Rs.1771.5 crore worth of electoral bonds in the period (84% of the bonds encashed, followed by the Congress at 8%.
Also read: New firms bought crores of electoral bonds within months of formation
The table looks at the companies/individuals with the highest share in total electoral bonds purchased between July 5, 2019 and January 22, 2020 just before and during during polls in these States. It also looks at the parties with the highest share in the electoral bonds encashed between July 11, 2019 and February 3, 2020.
The share of Infina Finance was 9.8% of total purchases in the period, followed by DLF Commercial Developers Ltd. (8.4%). In case of parties, the BJP’s share was 70.5% of the total bonds encashed followed by the All India Trinamool Congress at 13.3%