Election Commission

Shocking Revelation: Electoral Bond Data Exposed by Election Commission

Big news! Electoral bond details disclosed by the Election Commission, revealing major donors and amounts. Find out more!

The Election Commission of India has taken a significant step towards transparency in political funding by releasing the electoral bond data provided by the State Bank of India. This move follows a Supreme Court order mandating the disclosure of this information. The data includes donations from 22 companies amounting to over ₹100 crore, with prominent names like Grasim Industries and Megha Engineering among the donors.

The publication of the electoral bond data comes after the Supreme Court deemed the 2018 scheme unconstitutional. The details shared by SBI to the Election Commission shed light on the donors behind the political funding, bringing forth a new level of accountability in the system.

In a surprising turn of events, the electoral bond data revealed a diverse range of companies involved in political donations, from gaming to infrastructure and mining sectors. Companies like Grasim Industries, Megha Engineering, Piramal Enterprises, Bharti Airtel, and DLF Commercial were among the purchasers of electoral bonds.

The release of the electoral bond information has sparked discussions on the influence of corporate donations in political affairs and the need for further scrutiny in funding transparency. As citizens delve into the disclosed data, questions on the impact of these contributions on governance and policies are being raised, highlighting the importance of accountability in political financing.