BJP gets Rs 210 crore in poll bonds, all others Rs 11 crore in 2017-18: EC – Times of India

1
73
BJP gets Rs 210 crore in poll bonds, all others Rs 11 crore in 2017-18: EC – Times of India

NEW DELHI: BJP received Rs 997 crore and Rs 990 crore through donations in 2016-17 and 2017-18, five times more than what Congress received in the same period, Election Commission said

Supreme Court

on Thursday.

Appearing for the EC, senior advocate Rakesh Dwivedi gave the order of the Chief Justice

Ranjan Gogoi

and Justices Deepak Gupta and Sanjiv Khanna while hearing a petition by

Association for Democratic Reforms

which demanded transparency in anonymous donations via

electoral bonds

, alleging that at present he encouraged corruption and generated black money.

When petitioner’s counsel Prashant Bhushan argued that electoral bonds were designed to benefit from corporate houses and industrialists who contributed handsomely yet anonymously to the ruling party to get a quid pro quo and claim that BJP received 95% such donations, attorney general KK Venugopal said that Bhushan was kite flying and questioned

However, Dwivedi handed over to the bench a two-page note, which proved to be Bhushan right as far as BJP getting maximum donations as it showed that in the 2017-18 financial year, 222 crore worth of 520 bonds issued by State Bank Of India, Of which 511 bonds worth Rs 221 crore were redeemed

“BJP has shown a receipt of Rs 210 crore through electoral bonds (which is exactly 95% of total amount redeemed by political parties),” the EC said. This means all other parties put together a paltry Rs 11 crore as donation through electoral bonds as compared to Rs 210 crore by BJP 2017-18, “Dwivedi said.

The EC, however, added, “A large part of the funding of political parties in earlier years (90% in 2015-16 and 62% in 2016-17) was cash in cash from Rs 20,000 If a part of the cash donation is now received through electoral bonds, it would mean that clean, tax-paid money is being used for political funding. ”

Total donations received by BJP in 2016-17 was Rs 997 crore Of the total, the party declared Rs 529 crore before the EC which showed that 468 crore in cash donations, each below Rs 20,000, from anonymous persons. In the same period, Congress received Rs 180 crore in donations of Rs 138 crore.

In 2017-18, BJP received Rs 990 crore in donations of Rs 342 crore by small cash donations by anonymous persons and Rs 210 crore by way of electoral bonds. Congress, in the same period, received Rs 168 crore of which Rs 141.50 crore has been donated from anonymous persons and Rs 5 crore through electoral bonds.

Arguing against any intervention of the stage in the stage of electoral bonds, the AG said this was a device put in place by government as a policy decision. “Let the system work for some time and after elections, whosoever is able to review and bring in changes,” the AG said. The SC said it will give its decision on Friday no requirement for any interim order.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here