BJP got 74 percent donation from electoral bonds in 2019-20, Congress’s share was only 9 percent

New Delhi: The BJP captured three-fourths of the electoral bonds sold in the 2019-20 financial year. Even the main opposition Congress got only 9 per cent of the total bond amount of Rs 3,427. The share of BJP was 74 percent i.e. Rs 2555 crore. The Indian Express has given this information on the basis of data obtained from the Election Commission.

The BJP’s stake through electoral bonds has increased from 21 per cent in the 2017-18 fiscal to 74 per cent in 2019-20. Overall, the party’s income from bonds has increased more than ten times during this period. The party received Rs 210 crore out of Rs 989 crore in 2017-18 and Rs 2,555 crore out of Rs 3427 crore in 2019-20. On the other hand, Congress got Rs 383 crore through bonds in 2018-19 and Rs 318 crore in 2019-20.

Apart from this, in 2019-20, Nationalist Congress Party (NCP) contributed Rs 29.25 crore, Trinamool Congress (TMC) Rs 100.46 crore, DMK Rs 45 crore, Shiv Sena Rs 41 crore, Rashtriya Janata Dal (RDG) Rs. 2.5 crores and Aam Aadmi Party raised 18 crores.

Electoral bonds were introduced in the year 2018 by the Narendra Modi-led central government. Electoral Bonds were brought in by the Finance Act 2017. These bonds are issued four times a year in January, April, July and October. The government claims that this will bring transparency in political election funding. The most important thing is that through Electoral Bond, any donor can donate to the political party of his choice by hiding his identity.

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