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NATION                                                                    AUGUST 20, 2021  |      The Indian Eye                          10







                                                               e x cl usive

                      under the electoral bonds





         scheme, huge funds flow to BJp





                         as other parties struggle







            This year where most of the opposition parties saw a decline in their funds, the

                             donations into BJP’s bank account got a huge jump of 75%





        s gOpal puri

        New Delhi
                 s per the Election
                 Commission which has
        Arepresented a new au-
        dit  report, Bharatiya Janata
        Party (BJP) has again gotten
        the most out of the electoral
        bonds. According to the infor-
        mation revealed by a TV chan-
        nel, in the fiscal year 2019-20,
        the State bank of India sold a
        total of Rs 3,355 crore electoral
        bonds. Among the receivers of
        the fund, the BJP party got the
        highest percentage of the mon-
        ey donated through the elec-
        toral bonds.
            According to the data re-
        vealed, the income of the BJP
        party through electoral bonds
        was Rs2550 crore, which is
        about 76% of the entire fund.
        In the second spot, the Con-                         BJP National President JP Nadda at an official event of BJP in New Delhi (ANI)
        gress party received a total of
        Rs318 crores.                        huge  jump  of  75%.  Previous-         BJP  party  introduced  the      ment, the scheme will help
            Moreover,  Banerjee’s  Trin- ly in 2017-18, the saffron party  Electoral Bonds Scheme back                fight the flow and use of black
        amool congress received Rs100  got donations of Rs1,450 crores,  in  2017  through  a  finance  bill,         money  by  the  political  parties.
        crores, the Nationalist Congress  which increased to Rs2550 crore  which the SBI started to issue             In the presence of these bonds
        party collected a total of Rs29.25  in 2020.                             from  1st  April  2018.  The  pri-   now, every political party will
        crores, Lalu Yadav’s  Rashtriya         Electoral bonds are securi- mary goal of this scheme was to           get donations through prop-
        Janata  Dal  Rs2.5  crores,  Shiv  ties that are used to fund a par- fight  the  flow  of  black  money.      er channels without any fraud.
        Sena  Rs41  crores,  the  DMK  ticular political party. These are  As per the rules of the scheme,            However, without these bonds,
        Rs45 crores, and Aam Aadmi  promissory  notes  available  at  no party can receive funds or                   every party could get the dona-
        Party collected donations of  the branches of the State bank  donations directly. Instead, ev-                tions directly in cash becoming
        Rs18 crores.                         of  India.  Any  individual  can  ery individual or company has          a good source of black money.
            This year where most of the  buy  these  bonds  from  specific  to send their donations through               One of the most common
        opposition parties saw a decline  branches of SBI and donate to  the electoral bonds bought from              sources of donations is the
        in their funds, the donations  political parties without reveal- SBI branches.                                wealthy individuals who pay
        into  BJP’s  bank  account  got  a  ing their identity.                      According to the govern-            Continued on next page... >>


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