According to a recent report, political parties have declared income/donations worth Rs 1,931 crore through electoral bonds
The thirteenth tranche of electoral bonds is on sale this week. Introduced in the 2017 Budget, the Government said that the electoral bonds will help political parties accept donations from individuals and corporations. It would also help the Government to check cash donations, which are capped at ₹2,000. The names of the donors are also not known to the parties.
According to a recent report by the Association for Democratic Reforms (ADR) for the financial year 2018-19, political parties have declared income/donations worth Rs 1,931 crore through these bonds. The BJP has received nearly 75 per cent (Rs 1,451 crore) of the donations. The Congress received 20 per cent (Rs 383 crore) (20 per cent) and the TMC got 5 per cent (Rs 97 crore).
The CPI (M), BSP and CPI declared no income from electoral bonds, while the NCP is yet to submit its income details for the year with the Election Commission of India.
— source thehindubusinessline.com | V Nivedita | Jan 21, 2020