SBI Data Reveals Pune-Based Donors Favor Sena and BJP in Electoral Bond Contributions

Sales Executive Fatally Falls from Sixth Floor While Showing Flat; Two Booked by Hinjawadi Police

Sales Executive Fatally Falls from Sixth Floor While Showing Flat; Two Booked by Hinjawadi Police

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The Election Commission of India (ECI) released data on electoral bonds that the State Bank of India (SBI) had shared, revealing that the BJP and Shiv Sena benefited greatly from political donations made by industrialists in Pune through the private programme. According to the data, AAP and Congress also received a portion of the donations made by the city industries.

The Election Commission of India has uploaded the data on electoral bonds on its website as received from SBI on “as is where is basis”. The data as received from SBI can be accessed at this url: https://www.eci.gov.in/candidate-politicalparty  

According to the data, a Pune-based company, donated the majority of its Rs. 118.5 crore electoral bond funds to the Shiv Sena, and then Rs. 30.5 crore to the BJP. According to the data, the company also gave the Congress and the Aam Aadmi Party (AAP) donations of Rs. 2 crore and Rs. 1 crore, respectively.

The company completed a number of high-budget projects for the state government, including an order to build 20,448 apartments under the Pradhan Mantri Awas Yojana (Urban) and mid- and high-income group (HIG) flats under MHADA at a cost of Rs 170.64 crore.

The company was also given the contract for the Pune Mula Mutha Riverside Rejuvenation Project in April 2023. The PMC’s Environment Department put out a tender for a Rs 320 crore project that involved repairing the river’s banks.

The company purchased bonds totaling Rs 118.5 crore in six installments between May 2019 and January 2024, according to the data. Four distinct people cashed in the bonds. In the midst of the Lok Sabha election, on May 10, 2019, the company bought the first tranche of the bonds, worth Rs 1.5 crore, of which Rs 1 crore went to the AAP and Rs 50 lakh to the BJP.

The company purchased Rs. 15 crore worth of electoral bonds on January 25, 2023, and another Rs. 15 crore tranche on April 6. The BJP received the entire sum. The company donated Rs 2 crore worth of electoral bonds to the Congress on October 12, 2013. The company bought bonds for Rs 25 crore and Rs 35 crore on July 12 and October 12, 2023, respectively. The company bought Rs 25 crore worth of bonds on January 10, 2024. Shiv Sena received all three of these sums.

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