The revelation of substantial political contributions
predominantly supporting the BJP has sparked discussions about the importance
of transparency, equity, and integrity in the political arena.
On March 14, the ECI released information on
political donations amounting to crores, highlighting the significant monetary
lead of the BJP, led by Prime Minister Narendra Modi, in the run-up to the 2024
Lok Sabha elections.
In a sworn statement to the Supreme Court, the State Bank of
India (SBI) reported that donors acquired a total of 22,217 electoral bonds
with various values from April 1, 2019, to February 15, 2024. Of these, 22,030
bonds, totaling Rs.12,769.40 crore, were cashed in by political parties. As the
principal bank responsible for managing the electoral bond scheme, SBI was
directed by the judiciary to provide the electoral bond details to the Election
Commission of India (ECI) by March 12 to avoid potential contempt of court.
Following this, the Supreme Court allotted the
ECI until 5 pm on March 15 to make the data public on its official website. The
information disclosed by the ECI, which spans hundreds of pages, was divided
into two sections on its website: one specifying the purchasers and the other
the recipient political parties. This disclosure, titled "Disclosure of
Electoral Bonds Submitted by SBI," was made available one day prior to the
deadline set by the court.
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