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Election Commission Releases Electoral Bonds- Data Top 10 Political Donors Revealed

According to the State Bank of India (SBI), the data encompasses electoral bonds purchased and redeemed between April 12, 2019, and February 15, 2024.

Editor Ritam English by Editor Ritam English
Mar 15, 2024, 08:11 am IST
New Delhi, Mar 11 : Solicitor General Tushar Mehta speaks in the presence of the five-judge Constitution bench consisting of Chief Justice of India (CJI) Justice DY Chandrachud and Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra during the hearing of the application of the State Bank of India (SBI) seeking an extension of time till June 30 to submit the details of electoral bonds to the Election Commission of India (ECI), in New Delhi on Monday. The Supreme Court has dismissed the application of SBI and asked the bank to disclose the details by March 12.

New Delhi, Mar 11 : Solicitor General Tushar Mehta speaks in the presence of the five-judge Constitution bench consisting of Chief Justice of India (CJI) Justice DY Chandrachud and Justices Sanjiv Khanna, BR Gavai, JB Pardiwala and Manoj Misra during the hearing of the application of the State Bank of India (SBI) seeking an extension of time till June 30 to submit the details of electoral bonds to the Election Commission of India (ECI), in New Delhi on Monday. The Supreme Court has dismissed the application of SBI and asked the bank to disclose the details by March 12.

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In compliance with a Supreme Court directive, the Election Commission has made public the electoral bonds data obtained from the State Bank of India (SBI) today. The Election Commission emphasized its commitment to transparency and disclosure, aligning with the court’s stance on the matter.

Here are the top 10 donors to political parties based on the disclosed data:

1. Future Gaming and Hotel Services PR – ₹1,368 crore
2. Megha Engineering & Infrastructures Ltd – ₹966 crore
3. Qwik Supply Chain Pvt Ltd – ₹410 crore
4. Vedanta Ltd – ₹400 crore
5. Haldia Energy Ltd – ₹377 crore
6. Bharti Group – ₹247 crore
7. Essel Mining & Industries Ltd – ₹224 crore
8. Western UP Power Transmission Company Ltd – ₹220 crore
9. Keventer Foodpark Infra Ltd – ₹195 crore
10. Madanlal Ltd – ₹185 crore

The cumulative contributions from these donors amount to an astonishing Rs 4,610 crore.

According to the State Bank of India (SBI), the data encompasses electoral bonds purchased and redeemed between April 12, 2019, and February 15, 2024. During this period, a total of 22,217 bonds were bought, as confirmed by SBI to the Supreme Court.

 

Tags: Transparency in political fundingElectoral bonds dataElection Commission disclosureTop political donorsSupreme Court directiveState Bank of India (SBI) informationPolitical party contributions
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