Yashoda Hospitals 'donated' Rs 10 cr to BJP months after Dec 2020 IT raids Dec 31, 2022 | Coreena Suares https://m.newsmeter.in/article/top-stories/yashoda-hospitals-donated-rs-10-cr-to-bjp-months-after-dec-2020-it-raids-705767/amp  The BJP received Rs. 614,52,64990 (Rs. 614.52 crores) through donations alone during 2021-2022. This is minus the funds received through electoral trusts and electoral bonds. This is the ninth year in a row that the BJP has received the highest donations from individuals and corporates in the country. 

The BJP's biggest financial strength comes from Electoral Trusts. For the Financial year 2021-22, over 89 corporates/business houses contributed Rs. 475.8021 crores to Electoral Trusts. Secondly, 40 individuals contributed to Electoral Trusts in the same year. Among the 21 trusts, Prudent Electoral Trust received the highest. It donated Rs. 336.50 crores to the BJP in contrast to Rs. 209 crores contributed in the financial year 2020-21. Meanwhile, AB General Electoral Trust donated Rs. 10 crores to BJP in 2021-22

In 2013, the Central government introduced the scheme for Electoral Trusts under which corporations could set up trusts for collecting and donating money to parties. The ostensible intention behind the scheme was that this would prevent direct transactions between political parties and corporates. This was of no use because it was well-known which corporate had set up which trust.

The last and latest innovation in the form of electoral bonds introduced in 2017 has made the process of political funding completely opaque.

Comment by VC in WA..  Among the biggest scandals of the century is the fact that stories like this, in fact, even not like this, but almost anything that is genuinely positive, is not found in the media.. .. Today, one has to find the few brave enough to keep publishing against all odds, or whose owners have not been oppressed into silence or worse, or who are so low beneath the national surveillance radar that the gavel has not pounded on them

 

E-library