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Electoral bonds data released: Biggest facts that were revealed

BJP got more donations than regional parties combined

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BJP got more donations than regional parties combined

Regional parties received over Rs 5,221 crore in donations through electoral bonds between April 2019 and January 2024 which was Rs 839 crore less than the Rs 6,060.51 crore raised by the BJP alone in the period under review. Among the regional parties, the Trinamool Congress alone raised Rs 1,609.53 crore, which was 30% of the total donations received by 22 regional parties who got funds through electoral bonds. The Bharat Rashtra Samithi raised Rs 1,214.70 crore through electoral bonds, the BJD got Rs 775.50 crore, the DMK Rs 639 crore, the YSRCP Rs 337 crore, the TDP Rs 218.88 crore and the Shiv Sena raised 159.38 crore.

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Future Gaming and Hotel Services top donor

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Future Gaming and Hotel Services top donor

Future Gaming and Hotel Services whose director is the lottery magnate Santiago Martin is the top purchaser of electoral bonds having purchased bonds worth Rs 1,368. Coimbatore-based Future Gaming is one of India’s biggest lottery companies and its founder is Santiago Martin. The group faced scrutiny by the ED in March 2022.

Agencies

MEIL's donations

Megha Engineering Infrastructure Limited donated Rs 966 crores. As per the company website Megha Engineering & Infrastructures Limited (MEIL) is a major infrastructure company headquartered in Hyderabad, India. The company was established in 1989 and has made a name for itself in the manufacturing and engineering sector. Three companies associated with Megha also made significant donations, making the total donation amount of the group go upwards of Rs 1200 crore. The company bagged major defence and infra deals from the central government. This includes a Rs 500 crore order from the defence ministry.

Agencies

Reliance-linked company among top 10?

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Reliance-linked company among top 10?

Qwik Supply Chain Private Limited, a little-known company with registered address at Navi Mumbai’s Dhirubhai Ambani Knowledge City (DAKC) and having links to Reliance Industries, was the third largest donor to political parties using electoral bonds. It bought Rs 410 crore of electoral bonds between financial years 2021-22 and 2023-24 but Reliance said the company is not a subsidiary of any Reliance entity. A Reliance Industries spokesperson in response to a detailed questionnaire, said: “Qwik Supply Chain Pvt Ltd is not a subsidiary of any Reliance entity.” However, one of the directors at the company, Tapas Mitra, is a director of partnership firms such as Reliance Eros Productions LLP and companies like Jamnagar Kandla Pipeline Company Private Limited. Jamnagar Kandla Pipeline is registered in Ahmedabad at an address shared by some other Reliance companies.

Agencies

Electoral bonds: Other major donors

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Electoral bonds: Other major donors

Torrent Power, DLF Commercial Developers, Grasim Industries, Piramal Enterprises, Apollo Tyres, Edelweiss, Keventer, Sula Wines, Welspun, Sun Pharma, Vardhman Textiles, Jindal Group, Phillips Carbon Black Limited, CEAT Tyres, Dr. Reddy’s Laboratories, Kaypee Enterprises, Cipla, and Ultratech Cement are among the other donors. Individual donors included Kiran Mazumdar Shaw, the founder of Biocon, Varun Gupta, B K Goenka, Jainendra Shah, and an individual only identified by her first name, Monika. Notably absent from the list of donors were Gautam Adani’s Adani Group and Mukesh Ambani’s Reliance Industries. They are among India’s two largest conglomerates.

Agencies

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