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60-odd firms set up after EB scheme was rolled out gave Rs 250 crore to parties

IndiaTimes Friday, 22 March 2024
Over 60 companies that were set up after the announcement of the electoral bond scheme in early 2017 gave close to Rs 250 crore to political parties through the bonds. Of this, more than Rs 100 crore or over 40% went to BJP, while BRS was the second largest recipient with Rs 61 crore or about a fourth of this money. Together BJP and BRS encashed bonds worth Rs 162.2 crore from these firms, which translates to over 65% of the donations they made.
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