Page 10 - TIE 082021

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... >>

www.TheIndianEYE .com