Electoral trusts disclose Rs 177-cr donation to parties: ADR

April 25, 2016

New Delhi, Apr 25: Six electoral trusts together disbursed Rs 177.40 crore to 19 political parties during the fiscal 2014-15, with the BJP receiving the maximum donation of Rs 111.35 crore, as per a new report citing latest disclosures.

parties copyThe report by rights group Association for Democratic Reforms (ADR) said electoral trusts received a total amount of Rs 177.55 crore from corporates and individuals and distributed Rs 177.40 crore (99.92 per cent) to various political parties.

The BJP, the INC, the NCP and the CPM were the four national parties that got contributions from the six electoral trusts during fiscal 2014-15.

The BJP was the recipient of the maximum amount of Rs 111.35 crore from three electoral trusts followed by the INC with Rs 31.65 crore from three electoral trusts.

The CPM received a total of Rs 2.35 lakh from Triumph Electoral Trust during fiscal 2014-15, but the party did not declare the same in its donations report to the Election Commission of India (ECI).

According to the rules formulated by the government, electoral trusts are required to donate 95 per cent of their total income to registered political parties in a financial year.

Electoral Trusts' sole purpose is to fund registered political parties in a transparent manner.

Satya Electoral Trust received total contribution of Rs Rs 141.78 crore while Progressive Electoral Trust got Rs 25.14 crore, Janpragati Electoral Trust (Rs 4.02 crore), Bajaj Electoral Trust (Rs 3.05 crore), Triumph Electoral Trust (Rs 3.028 crore) and Samaj Electoral Trust (Rs 0.525 crore).

Satya Electoral received the highest amount of Rs 141.78 crore from corporates and distributed Rs 141.75 crore (99.98 per cent) to various political parties.

Satya Electoral donated 75.66 per cent, or Rs 107.25 crore, to the BJP while Triumph Electoral donated 66 per cent, or Rs 2 crore, of its total income to the party.

The six electoral trusts made contributions to 15 recognised regional parties which include the BJD, the INLD and the AAP, among others.

Total donations received by the regional parties from electoral trusts was Rs 27.58 crore.

Satya Electoral gave Rs 5 crore to the INLD, but the party has not filed its donations report to the ECI for fiscal 2014-15.

Indiabulls HousingFINANCE had contributed the maximum amount of Rs 40 crore to Satya Electoral Trust, which formed 22.53 per cent of the trust's total donations followed by DLF, which donated Rs 25.01 crore and constituted 14.08 per cent of total donations.

Tata Steel contributed the maximum amount and donated Rs 14.134 crore, which formed 56.19 per cent of total donations to Progressive Electoral Trust, followed by Tata Sons, which donated Rs 4.74 crore and constituted 18.85 per cent of total donations.

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Agencies
March 22,2020

Mumbai, Mar 22: The total number of coronavirus positive patients in Maharashtra has risen to 74 with 10 more positive cases reported in the last 24 hours, officials said.

Of the 10 new cases, 6 are in Mumbai and 4 in Pune, they said on Sunday.

Earlier this week, a Covid-19 patient died in Mumbai.

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News Network
June 24,2020

New Delhi, Jun 24: A litre of diesel on Wednesday was more expensive than a litre of petrol after the price of the former was hiked by 48 paise on the 18th successive day of fuel price revisions. While petrol price remained unchanged for the first time since June 7, diesel prices maintained upward trajectory to touch new highs.

It is for the first time in Delhi that diesel has become more expensive than petrol. A litre of the fuel now costs ₹79.88 as against ₹79.76 for a litre of petrol, as per a report in news agency ANI.

While surging fuel prices may generate much-needed revenue for governments, it would also have a detrimental impact on household budgets. The spike in diesel prices also has a wider impact on the transport and agricultural sectors which are largely dependent on the fuel.

The widest gap between the prices of the two fuels was on June 18 of 2012 when a litre of petrol was at ₹71.16 in Delhi while diesel was at ₹40.91. On June 28, the gap between the two fuels was 31.17 per litre in Mumbai. Around that time, there was a spurt in sales of diesel passenger vehicles while demand for such vehicles has come down significantly in current times. This has also led many manufacturers to ditch diesel engines completely.

The current trend of fuel price hikes are unlikely to do demand for petrol vehicles much good either.

Daily price revisions of the two fuel had been temporarily halted for 83 days till it was resumed on June 7.

India's demand for fuel doubled in May and has been steadily rising in June with the easing of restrictions. Indian refineries have already scaled up crude processing with Indian Oil Corp, the country's top refiner, looking to operate its plants at about 90% capacity in June.

The rising fuel prices, however, have resulted in political uproar with Congress leading the charge against the central government and accusing it of penalising consumers by imposing high taxes. A demand for including fuel prices under Goods and Services Tax (GST) has also been renewed by many but it is highly unlikely that it would happen. With oil companies looking to cut back on their previous loses and governments - central as well as states - aiming to generate revenue after tumultous weeks of lockdown, fuel price hikes are likely to stay till at least the end of June.

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News Network
March 29,2020

New Delhi, Mar 29: Prime Minister Narendra Modi on Sunday said that people should not think of COVID-19 quarantine facilities as a prison and spoke with two survivors of the infection during his radio show 'Mann Ki Baat' to establish that it was curable.
The Prime Minister spoke to coronavirus survivors -- Ramagampa Teja and Ashok Kapoor - and urged them to share their success against the infection with people.
The Prime Minister asked people to listen to the survivors who had successfully defeated the coronavirus.
"I have spoken to a few people who were infected from the virus and speaking to such people. While I tried to boost their morale they also lifted my spirits when I talked to them," he said.
Speaking to the Prime Minister during the show, Ramagampa Teja, an IT professional, who tested positive for COVID-19 after returning from Dubai, said that he was frightened when he tested positive for the disease and could not believe that this has happened to him.
He said even his family was very stressed after finding out his COVID-19 positive status. "But their test results came negative, which I took as a great blessing. And since then, there were improvements every day," he said.
Teja was admitted to a government hospital in Hyderabad and was released after 14 days as he successfully overcame the infection. "The first few days were the hardest but the dedicated doctors and nurses at the hospital ensured that I recovered," he added.
He asked people not to be afraid of being quarantined. "People feel that going into quarantine means going to prison. They should know that the government quarantine is for them and their families. I want to emphasise that people must get tested and do not fear quarantine," he added.
The Prime Minister congratulated him and his family and asked him to share an audio clip of his experience. "I would like you to make an audio of your experiences and share it on social media so that it goes viral and removes fear from people's minds," the Prime Minister said.
The Prime Minister also spoke to another coronavirus survivor, Ashok Kapoor, six members of whose family in Agra were tested positive for the deadly virus.
On being asked by the Prime Minister whether they had feared for their lives, Kapoor said, "We were not scared as we received excellent cooperation from the doctors and support staff at Delhi's Safdarjung Hospital."
The six of them were shifted to Delhi and put under quarantine for 14 days where all of them successfully recovered from the infection.
The Prime Minister also commended the spirit of Ashok Kapoor and said: "Your experience came in handy for all. My best wishes to you and your family."
He also urged the Kapoor family to spread awareness regarding COVID-19 in the way they see fit. "Please spread awareness your way and you can feed whoever is hungry, look out for the poor and also spread awareness to people urging them to follow the rules," the Prime Minister said.
"If everyone follows the rules, the country will be saved," the Prime Minister said.
The Prime Minister also thanked the people involved in ensuring the continuous supply of goods and services in the country and advised them to "follow all the safety precautions, take care of themselves and their family members."
Earlier in his address, Modi had asked for the forgiveness of all countrymen, and especially the poor, for the nationwide lockdown in the country in the view of the novel coronavirus. He had then termed it a necessary measure needed to defeat the infection in India.

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