Here is what Electoral Bond data provided by ECI reveals, BJP secures Rs 6,060 crore

The Elections Commission of India has recently published Electoral Bond data, which is made available to the public. Find details below on who the top donors are.

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As directed by the Supreme Court, the Election Commission of India released the electoral bonds data on its official website on March 14. Many donors have made a contribution and the top donors are listed below. 

The name of the business or individual is the only identifier on the donor side in the electoral bonds data that was made public yesterday. We looked up donor organizations' unique IDs, performed an exact name match with the Ministry of Corporate Affairs' (MCA) database, and examined the basic information that MCA had on hand in order to learn more about them. Here are a few of the conclusions.

Minimum mandated capital companies 

Minimum mandated capital companies
Minimum mandated capital companies Elections Commission India Official Website

We were able to obtain a precise name match with the MCA database for roughly 500 organizations. Of these, 43 firms have capital subscribed at the required minimum of ₹1 lakh. According to bonds purchased, these are the top 10.

Biggest donors:

Top donors
Top donors Election Commission of India Official Website
Top Individual donors
Top Individual donors Election Commission of India Official Website

According to the statistics made public, 1,260 businesses and individuals paid ₹12,769 crore for electoral bonds. Approximately half of the total sum provided through electoral bonds was made up of the top 20 firms, which together accounted for ₹5,945 crore.

With a total donation of ₹45 crore, Ms. SN Mohanty is the largest individual contributor on the list. Lakshmi Niwas Mitttal, who gave ₹35 crore, comes next. These are the top 10 individual donors listed.

Net profits vs bonds bought

Net profits vs bonds bought
Net profits vs bonds bought Elections Commission India Official Website

We were able to obtain financial information for 13 out of the top 20 buyers of electoral bonds. Their bond purchases as a percentage of their net profits look like this.

New company incorporations

New companies
New companies Elections Commission India Official Website

We were able to obtain a precise name match with the MCA database for roughly 500 organizations. Of these, twenty-eight were founded on April 12, 2019, or later, when the first electoral bond was bought. Among them, these are the top ten buyers of electoral bonds.

How much did each party recieve?

Based on data released on the Election Commission's website on Thursday, the Bharatiya Janata Party, the Congress, and the Trinamool Congress are the top three political parties that benefited from the electoral bonds. Following the Supreme Court's directive, the State Bank of India delivered the electoral bond data to the electoral body, which in turn made it publicly available.

The data shows that the TMC received ₹1,610 crore in electoral bond finance, while the BJP received almost ₹6,061 crore. These bonds brought in ₹1,422 crore for the Congress. The Bharat Rashtra Samithi (BRS), which has gotten ₹1,215 crore through electoral bonds, is not far behind. The funding for the Biju Janta Dal (BJD) was ₹776 crore.

All India Anna Dravida Munnetra Kazhagam (AIADMK), Shiv Sena, , Yuvajana Sramika Rythu Congress Party (YSR Congress), Telugu Desam Party (TDP), Aam Aadmi Party (AAP),  Nationalist Congress Party (NCP), Janata Dal (Secular) (JDS), Rashtriya Janata Dal (RJD), Janata Dal (United) (JDU), Dravida Munnetra Kazhagam (DMK), and SP (Samajwadi Party) are the other political parties that have received funding from the electoral bond fund.