In compliance with directives from the Supreme Court of India, the State Bank of India, the country's largest public bank, has released a new dataset of electoral bonds detailing the parties and the bonds they encashed on Thursday.
In compliance with directives from the Supreme Court of India, the State Bank of India, the country's largest public bank, has released a new dataset of electoral bonds detailing the parties and the bonds they encashed on Thursday. The data, now available on the Election Commission of India website, does not specify the dates on which the bonds were encashed by a particular party. However, it correlates the donors and the political parties that received the funds, thereby shedding light on the primary sources of political funding for India's major parties.
The Election Commission published two distinct lists on Thursday, one for donors and another for recipients of donations made between April 2019 and January 2024. These lists include alphanumeric numbers linked to the electoral bonds, facilitating identification of both the donor and the recipient.
According to the data, major donors to the Indian National Congress include Western UP Power Transmission Co., Vedanta Ltd., MKJ Enterprises Ltd., Yashoda Super Speciality Hospital, and Avees Trading Finance Pvt.
On the other hand, notable contributors to India's ruling party, the Bharatiya Janata Party, include Megha Engineering and Infrastructure Ltd., Quick Supplychain Pvt., Vedanta Ltd., Bharti Airtel Ltd., and Madanlal Ltd.
Meanwhile, West Bengal's Trinamool Congress received its highest-value bonds from entities such as Future Gaming and Hotel Services Pvt., Haldia Energy, Dhariwal Infrastructure, and IFB Agri Industries Ltd., among others.
Party-Wise Encashment Of Electoral Bonds (values in Rs Crore)
Aam Aadmi Party - Rs 65.25 crore
All India Congress Committee - Rs 1351.09 crore
All India Trinamool Congress - Rs 1592.52 crore
Bharat Rashtra Samithi - Rs 1191.16 crore
Bharatiya Janata Party - Rs 5594.20 crore
Biju Janata Dal - Rs 775.50 crore
Dravida Munnetra Kazhagam - Rs 632.00 crore
Telugu Desam Party - Rs 211.58 crore
YSR Congress (Yuvajana Sramika Rythu Congress Party) - Rs 128.75 crore
Top donors to Aam Aadmi Party
According to data disclosed by the Aam Aadmi Party (AAP), the party led by Arvind Kejriwal has encashed a total of Rs 65.25 crore over the years. Top donors include:
1. Avees Trading Finance Pvt. with a contribution of Rs 10 crore
2. Bajaj Auto Ltd. with Rs 8 crore
3. MKJ Entreprises Ltd. and Transways Exim Pvt. at Rs 7 crore each. Asian Trading Co
4. Torrent Power at Rs 5 crore each
Top donors to All India Congress Committee
The All India Congress Committee (AICC) serves as the central decision-making body of the Indian National Congress, a venerable political party in India with a rich history. Top donors include:
1. Western UP Power Transmission Co., contributing Rs 110 crore
2. Vedanta Ltd., contributing Rs 104 crore
3. MKJ Enterprises Ltd.: Rs 69.35 crore
4. Yashoda Super Speciality Hospital: Rs 64 crore
5. Avees Trading Finance Pvt.: Rs 53 crore
6. Top donor Future Gaming and Hotel Services offered Rs 50 crore to the Congress party
Top donors to All India Trinamool Congress
1. Future Gaming and Hotel Services Pvt.: Rs 542 crore
2. Haldia energy, the West Bengal-based energy company, contributed Rs 281 crore
3. Dhariwal Infrastructure: Rs 90 crore. IFB Agri Industries Ltd.: Rs 42 crore
4. Chennai Green Woods Pvt. and PCML Ltd. at Rs 40 crore each
Top donors to Bharatiya Janata Party
The top donors to the Bharatiya Janata Party (BJP) led by Prime Minister Narendra Modi also rank among the top 10 donors overall, with the majority of contributions originating from:
1. Megha Engineering and Infrastructure Ltd. at Rs 584 crore
2. Quick Supplychain Pvt.: Rs 375 crore. Vedanta Ltd.: Rs 226.65 crore
3. Bharat Airtel Ltd.: Rs 183 crore Madanlal Ltd.: Rs 175.5 crore
4. Keventer Foodpark Infra Ltd.: Rs 144.5 crore
5. DLF Commercial Developers at Rs 130 crore
6. Birla Carbon India Ltd. at Rs 100 crore
Top donors to Bharat Rashtra Samithi
The Bharat Rashtra Samithi (BRS), formerly known as the Telangana Rashtra Samithi (TRS), the primary opposition party in the state of Telangana, led by K. Chandrashekar Rao, encashed its most valuable bonds from:
1. Megha Engineering and Infrastructure Ltd. at Rs 195 crore
2. Yasodha Super Speciality Hospital: Rs 94 crore
3. Chennai Green Woods Pvt.: Rs 50 crore
4. Dr Reddy’s Laboratories Ltd.: Rs 32 crore
5. Hetero Drugs Ltd.: Rs 30 crore
Top donors to Biju Janata Dal
The Biju Janata Dal (BJD), headed by Odisha's leader Naveen Patnaik, encashed its highest-value electoral bonds from the following:
1. Essel Mining and Industries Ltd.: Rs 174.5 crore
2. Jindal Group: Rs 130 crore
3. Rashmi Group: Rs 72 crore
4. Utkal Group: Rs 70 crore
5. Rungta Sons Pvt.: Rs 50 crore
Top donors to Dravida Munnetra Kazhagam
The ruling party in Tamil Nadu, led by state leader Stalin, received its highest-value electoral bonds from the Tamil Nadu-registered lottery company Future Gaming. Top donors include:
1. Future Gaming and Hotel Services at Rs 503 crore
2. Megha Engineering and Infrastructure Ltd.: Rs 85 crore
3. Westwell Gases Pvt.: Rs 8 crore
4. Askus Logistics Pvt.: Rs 7 crore
5. Fertileland Foods: Rs 5 crore
Top donors to Telugu Desam Party
The Telugu Desam Party (TDP), influential in Andhra Pradesh and Telangana and currently led by N. Chandrababu Naidu, received its highest-value denomination bonds from:
1. Shirdi Sai Electricals Pvt.: Rs 40 crore
2. Megha Engineering and Infrastructure Ltd.: Rs 28 crore
3. Western UP Power Transmission Co.: Rs 20 crore
4. Dr Reddy's Laboratories Ltd.: Rs 13 crore
5. Bharat Biotech International Ltd.: Rs 10 crore
Top donors to YRS Congress
The YSR party, short for Yuvajana Sramika Rythu Congress Party, led by YS Jagan Mohan Reddy in Andhra Pradesh, received a significant portion of its bond donations from:
1. Future Gaming and Hotel Services Pvt.: Rs 154 crore
2. Megha Engineering and Infrastructure Ltd.: Rs 37 crore
3. Ostro Group: Rs 34 crore
4. Ramco Cements Ltd.: Rs 24 crore
5. Sneha Kinetic Power Projects Pvt.: Rs 10 crore
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