The top 10 companies by market capitalisation (mcap) contributed over Rs 362 crore
Electoral bonds: The Supreme Court delivered a landmark judgement on Thursday, annulling the electoral bonds scheme for political funding
Ten corporates donated Rs 332.26 crore, or 90.66% of total donations
The BJP received a total of Rs 256.25 crore from Prudent Electoral Trust, while the BRS received Rs 90 crore and the YSRCP Rs 16 crore from the fund during the financial year that ended in March 2023. The trust gave total donations of Rs 363.15 crore to political parties during the year, according to its filing before the Election Commission (EC). The data shared by the trust reveals that while the Bharatiya Janata Party (BJP) received 70.56 per cent of the donations made by it during the past year, the Aam Aadmi Party (AAP) received a total of Rs 90 lakh from the fund in two tranches of Rs 45 lakh each. The contributions made by the trust to the BJP were in 17 tranches. The trust made three contributions to the Bharat Rashtra Samithi (BRS), totalling Rs 90 crore. The maximum contribution of Rs 75 crore was made in one tranch to the K Chandrasekhar Rao-led party while another of Rs 10 crore and yet another of Rs 5 crore were given to the ruling party in Telangana. The YSRCP, which
Seven electoral trusts received a total amount of Rs 258.49 crore from corporates and individuals, and the BJP bagged more than 82 per cent of it, poll rights body ADR said.
Out of the 21 registered electoral trusts, 14 have been submitting copies of their contribution report to the Election Commission, consistently, since their registration