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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News Network
March 16,2020

New Delhi, Mar 16: Reliance Group Chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday.

They said Ambani was asked to depose at the Enforcement Directorate office in Mumbai on Monday as his group companies are among the big entities whose loans went bad after borrowing from the crisis-hit bank.

The officials said Ambani, 60, has sought exemption from appearance on some personal grounds and he may be issued a new date.

Ambani's group companies are stated to have taken loans of about Rs 12,800 crore from the bank that turned NPAs.

Finance Minister Nirmala Sitharaman had said in a March 6 press conference that the Anil Ambani Group, Essel, ILFS, DHFL and Vodafone were among the stressed corporates Yes Bank had exposure to.

Officials said promoters of all the big companies who had taken large loans from the beleaguered bank which later turned bad are being summoned for questioning in the case to take investigation forward.

Ambani's statement will be recorded under the Prevention of Money Laundering Act (PMLA) upon deposition, they said.

Kapoor, 62, is at present in ED custody after he was arrested by the central probe agency early this month.

The ED has accused Kapoor, his family members and others of laundering "proceeds of crime" worth Rs 4,300 crore by receiving alleged kickbacks in lieu of extending big loans through their bank that later turned NPA.

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News Network
April 7,2020

New Delhi, Apr 6: Kerala Governor Arif Mohammad Khan on Monday complimented his counterparts in other states for voluntarily accepting a 30 per cent cut in their salaries and allowances in the fight against coronavirus.

Talking to the news agency over the phone, Khan referred to the announcement in this regard made by the Centre on Monday and said he had already written to President Ram Nath Kovind, asking him to reduce his salary and allowances by 30 per cent.

"It is everyone's duty to do this when the country is fighting the pandemic. Even if it is more than 30 per cent of the salary cut, we have to accept it, he said.

The country is fighting an invisible enemy and it is everybody's duty to contribute to meet the challenge, the governor said.

Khan appreciated the LDF government in Kerala and Chief Minister Pinarayi Vijayan for taking "proactive" measures in containing spread of coronavirus.

"The government is keeping me informed about the measures taken by it and I on my part give them suggestions and ideas to tackle the menace," he said.

In Kerala, "We have a capable and competent government and over 80 per cent of patients in the state are those Indians who returned from abroad or foreigners. The community spread cases are very less, he said.

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Agencies
May 17,2020

Mumbai, May 17: Much on expected lines, Maharashtra, on Sunday, extended the coronavirus lockdown till May 31, in order to control the spread of the virus, under the Epidemic Diseases Act, 1897, the state government said in a statement.

On Sunday afternoon, Chief Secretary Ajoy Mehta, in a notification said: "It is further directed that all earlier orders shall be aligned with this order and remain in force up to and inclusive of May 31, 2020. The calibrated phase-wise relaxation or lifting of lockdown orders will be notified in due course."

"Lockdown 3.0 ends today. Lockdown 4.0 will come into effect tomorrow and will be valid till May 31. There will be some relaxations in the fourth phase," he said.

"The green and orange zones will get more relaxations, in terms of starting more services. As of now only essential services are operational, he said.

Maharashtra has recorded 30,706 COVID-19 cases of which 22,479 are active. The death toll is 1135, while 7,088 patients have been discharged after recovery.

In exercise of the powers conferred under Section 2 of the Epidemic Diseases Act, 1898 and the powers, conferred under the Disaster Management Act, 2005, the Chairperson, State Executive Committee, issued direction to extend the lockdown till 31 May 2020 for containment of COVID-19 epidemic in the State and all Departments of Government of Maharashtra shall strictly implement the guidelines issued earlier form time to time, according to the statement.

Over the last two days,  Maharashtra Chief Minister Uddhav Thackeray held a series of meetings with his ministerial colleagues, senior leaders including NCP supremo Sharad Pawar and top officials. 

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