Since the introduction of electoral bonds in 2017-18, the Bharatiya Janata Party (BJP) has received a significant portion of funds through this mechanism, totaling Rs 6,986.5 crore, with the highest amount of Rs 2,555 crore received in the 2019-20 financial year. This makes BJP the largest recipient of funds from electoral bonds, accounting for over 47% of the total funds received by all parties. The Trinamool Congress is the second-largest recipient with Rs 1,397 crore, followed by the BRS with Rs 1,322 crore, and the Congress party, which redeemed a total of Rs 1,334.35 crore through electoral bonds. Other notable recipients include the DMK, which received Rs 656.5 crore, including a significant contribution from lottery king Santiago Martin's Future Gaming, the BJD with Rs 944.5 crore, the YSR Congress with Rs 442.8 crore, and the TDP with Rs 181.35 crore. The data, provided by the Election Commission, highlights the significant role electoral bonds play in political financing in India, especially during key election periods such as the 2019 Lok Sabha elections and the November 2023 state elections.
Biggest Electoral Bonds Purchaser Is Top Donor For This Party https://t.co/LvhaKoF5mL https://t.co/0h8twyUulq
BJP Received ₹ 6,986 Crore Through Poll Bonds, Highest Among All Parties https://t.co/sSUs9HvHE7 https://t.co/FHtUJBqv21
BRS fourth largest recipient through electoral bonds, encashed bonds worth Rs 1,322 crore: EC data
Trinamool Congress received Rs 1,397 crore through electoral bonds, second largest recipient after BJP: EC data
BJD encashed electoral bonds worth Rs 944.5 crore, YSR Congress Rs 442.8 crore, TDP Rs 181.35 crore: EC data
Congress redeemed a total of Rs 1,334.35 crore through electoral bonds: EC data
BJP encashed electoral bonds totalling Rs 6,986.5 crore; maximum Rs 2,555 crore received in 2019-20: EC data
DMK received Rs 656.5 crore through electoral bonds, including Rs 509 crore from lottery king Santiago Martin's Future Gaming: EC data
BJP has encashed electoral bonds to the tune of Rs 6,061 crore, or over 47% of the total issued. What the bonds data also revealed was that BJP redeemed the most during the 2019 Lok Sabha elections and the November 2023 elections in Madhya Pradesh, Rajasthan, Chhattisgarh and… https://t.co/VpHWO8WoB7
From the time electoral bonds were introduced in 2017-18, BJP has received nearly 50% of the total funds from electoral bonds. https://t.co/talY4fXhF7