After the State Bank of India (SBI) handed over the data related to the Electoral Bonds to the Election Commission of India (ECI), the ECI published the data a day earlier on its website on March 14. However, the data provided by the SBI was found to be incomplete. The SBI only shared two sets of documents with the ECI.
The first set of data shared by the SBI with the ECI contained details regarding the date of purchase of the electoral bonds, the name of the purchaser, and the denomination of the bonds purchased. The second set contained information about the date of encashment by political parties of various denominations of electoral bonds. However, what was missing were the keys linking the two. There were absolutely no details regarding who gave money to which political party.
On Friday, the SBI drew the ire of the apex court after it questioned why the bank did not provide the unique alphanumeric numbers of individual electoral bonds to the ECI. The Supreme Court has issued a notice to the SBI regarding this nondisclosure and has asked the bank to explain the lapse during the next hearing of the case on March 18.
The data provided by the SBI is useless unless it includes the bond numbers that can connect the donors' names to respective political parties. Nevertheless, The Probe has conducted a detailed statistical analysis of the money received by political parties between 2019 and 2024. We have presented this data in graphical format, enabling the public to make sense of the information provided by the SBI so far.
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In the fiscal year 2019-20, the BJP secured the highest share of donations through electoral bonds, amounting to 20,24,75,01,000 rupees from various donors. This sum represents nearly 82.081 percent of the total money received through the bond scheme, making it the highest among all political parties. Following closely, the Congress party received the second-highest amount, totaling 1,76,31,10,000 rupees from donors.
It's worth noting that a total of 19 political parties received funds through electoral bonds during that year.
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Electoral Bonds Data Explained (2020-2021)
Here is a detailed graphical description of the Electoral Bonds-related data provided by the State Bank of India (SBI) and subsequently made public by the Election Commission of India (ECI) on its website. We are presenting you with a graphical representation of the data related to 2020-21.
In the fiscal year 2020-21, other political parties such as the YSRCP emerged as the highest recipients of funds through electoral bonds. YSRCP received a substantial amount totaling 95,25,00,000 rupees, securing the top position. Following closely, the DMK stood second with 80,00,00,000 rupees, while the BJD received 67,00,00,000 rupees.
Notably, the TMC received 43,40,00,000 rupees, and the BJP occupied the fourth position with 23,38,50,000 rupees.
Electoral Bonds Data Explained (2021-2022)
Here is a detailed graphical description of the Electoral Bonds-related data provided by the State Bank of India (SBI) and subsequently made public by the Election Commission of India (ECI) on its website. We are presenting you with a graphical representation of the data related to 2021-22.
Name of political parties and corresponding figures related to Electoral Bond encashment in 2021-22 | Amount in Indian rupees | Data as provided by the SBI to the ECI | Graphical Representation by The Probe
The percentage of encashment of electoral bonds in 2021-22 by various political parties | Data as provided by the SBI to the ECI | Graphical Representation by The Probe
In the financial year 2021-22, the BJP significantly dominated the receipt of funds through electoral bonds, encashing a substantial amount totaling 10,33,70,00,000 rupees. This sum represents approximately 39% of all the money received by political parties through electoral bonds during that fiscal year.
Additionally, the TMC emerged as the second-highest recipient, receiving 5,29,14,30,000 rupees, while the DMK secured the third-highest position with 3,05,00,00,000 rupees.
Electoral Bonds Data Explained (2022-2023)
Here is a detailed graphical description of the Electoral Bonds-related data provided by the State Bank of India (SBI) and subsequently made public by the Election Commission of India (ECI) on its website. We are presenting you with a graphical representation of the data related to 2022-23.
Name of the political parties and corresponding figures related to Electoral Bond encashment in the year 2022-23 | Amount in Indian rupees | Data as provided by the SBI to the ECI | Graphical Representation by The Probe
Data as provided by the SBI to the ECI | Graphical Representation by The Probe
In the year 2022-23, once again, the BJP garnered the lion's share of funds received through electoral bonds, amassing a staggering 12,94,14,99,000 rupees. This sum represents approximately 46 per cent of the total money received among all political parties through electoral bonds during that financial year.
During the same period, the Bharat Rashtra Samithi (BRS), formerly known as the Telangana Rashtra Samithi, secured the second-highest amount, receiving 5,29,03,70,000 rupees, while the TMC received the third-highest amount, totaling 3,25,10,00,000 rupees.
Electoral Bonds Data Explained (2023-2024)
Here is a detailed graphical description of the Electoral Bonds-related data provided by the State Bank of India (SBI) and subsequently made public by the Election Commission of India (ECI) on its website. We are presenting you with a graphical representation of the data related to 2023-24.
Name of the political parties and corresponding figures related to Electoral Bond encashment in the year 2023-24 | Amount in Indian rupees | Data as provided by the SBI to the ECI | Graphical Representation by The Probe
Data as provided by the SBI to the ECI | Graphical Representation by The Probe
In 2023-24, the BJP once again emerged as the leading recipient of funds through electoral bonds, encashing a substantial amount totaling 16,85,52,61,000 rupees. Following the BJP, the Congress secured the second position, receiving 8,28,36,00,000 rupees through electoral bonds. The TMC stood at the third position with 6,12,42,38,000 rupees, while the Bharat Rashtra Samithi (BRS) received 4,95,52,00,000 rupees through electoral bonds.