PRUDENT ELECTORAL TRUST
View: The real problem with electoral bonds
All the Opposition’s objections to the bonds are valid. But these objections and their object, the bonds, collude to perpetuate the essential fraud in political funding in India: the expenses that are shown and accounted for in some fashion or the other is just a fraction of the actual money spent.
Prudent Trust reduced BJP-Congress funding gap in Lok Sabha polls
Prudent Electoral Trust has reduced the funding gap between the Congress an...
TCS gave Rs 220 crore to electoral trust in January-March
This appears to be one of the highest donations the company has ever made towards e...
Party funding: Richest electoral trust sends BJP its biggest cheque
Prudent Electoral Trust gave Rs 144 cr of Rs 169 cr it generated to the ruling party, according to its yearly report.
Electoral bonds: Ruling BJP bags 95% of funds
Electoral bonds worth a total of Rs 222 crore were issued in the maiden tranche of the scheme in March this year.
9 electoral trusts donated Rs 637.54 crore to parties in 4 years
Among national parties, the BJP received the maximum donation of Rs 488.94 crore by electoral trusts between 2013- 14 and 2016-17, while INC (Indian National Congress) got Rs 86.65 crore.
When airlines don't have parachutes, why should P2P lending platforms have LPF?
With the regulations in place, P2P can formally be counted as one of the institutional sources of raising funds and also an investment.
BJP got donations of over Rs 800 crore in 2018-19
In comparison, the Congress raised just Rs 146 crore in 2018-19, as per the data it submitted to the Election Commission of India (ECI). The Progressive Electoral Trust – also the largest donor to the Congress – gave Rs 55 crore to the party as against the Rs 346 crore it gave the BJP, as per the party’s submissions to the ECI.
Donations to Congress jump five-fold to Rs146 crore
Prudent, which gave Rs 144 crore to the BJP in the previous financial year, had donated Rs 10 crore to Congress last year.
93% of contributions to parties from corporates: Report
The ruling BJP got the major chunk -- Rs 915.59 crore from 1,731 corporate donors from the total Rs 1,059 crore these parties received, reveals the report
Raised more than Rs 400 Cr in '17-18: BJP to poll body
Rahul Gandhi-led Congress was able to raise a meagre Rs 26 crore, the contribution report reviewed by ET revealed.
Rs 26 crorer donations, but no bond based funding in Congress report to EC
EC had also red flagged several concerns around electoral bonds, but none of these have been addressed by the government in the final scheme announced.
Market Movers: Oil falls on Iran sanction waivers; Dollar softens; US mid-term election tomorrow & more
A lowdown on top macro triggers that may move market on Monday.
Get ready for another chronic water shortage this summer
This will again be a time of chronic water shortage, ad hoc policies and dangerously falling groundwater.
This is what Modi govt needs to do to make National Health Protection Scheme a success
The intent behind NHPS is laudable, and possibly electorally rewarding. But the key challenge is to design a robust financial edifice to make such plans sustainable.
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