Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Revealed: River of anonymous election cash that flowed to Calcutta -Anita Joshua    </title>
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Figures in May take the total amount of money invested in this opaque source of funding since January to Rs 4,794 crore

Electoral bonds accounting for the maximum amount of political donations in India in May were sold in Calcutta,..."/>
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-The Telegraph

Figures in May take the total amount of money invested in this opaque source of funding since January to Rs 4,794 crore

Electoral bonds accounting for the maximum amount of political donations in India in May were sold in Calcutta,..." />
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                            <div align="justify">-The Telegraph<br /><br /><em>Figures in May take the total amount of money invested in this opaque source of funding since January to Rs 4,794 crore<br /></em><br />Electoral bonds accounting for the maximum amount of political donations in India in May were sold in Calcutta, according to information accessed by a citizen through the Right to Information route.<br /><br />Of the bonds worth Rs 822 crore that were sold in select outlets of the State Bank of India in the country in the last month of the general election, instruments worth Rs 370 crore &mdash; or as much as 45 per cent &mdash; were issued from the Calcutta Main Branch of the bank.</div><div align="justify">&nbsp;</div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Electoral Bond.jpg" alt="Electoral bond" width="1000" height="647" /> <br /></div><div align="justify">&nbsp;</div><div align="justify">The figures in May take the total amount of money invested in this opaque source of funding for political parties since January this year to Rs 4,794 crore. The information was provided by the SBI in response to an RTI query by a Pune-based person, Vihar Durve.<br /><br />The disclosure comes at a time glare has fallen on what is being described as the unprecedented use of money in the elections through the controversial instruments.<br /><br />The electoral bonds, which can be bought by individuals as well as corporate entities and then donated to parties, do not bear the name of the donor. The anonymity has fuelled fears that high-net-worth individuals or rich companies can influence the outcome of elections by pumping money to select parties without the identity of the donor being revealed.<br /><br />On Monday, before the bank data became public, chief minister Mamata Banerjee had called for a probe into the use of money in the general election.<br /><br />The break-up in Calcutta throws up some illuminating details.<br /><br />* In May, the Calcutta Main Branch of the SBI saw the highest sale of bonds in the country, valued at Rs 370,45,75,000 (Rs 370 crore).<br /><br />* The bulk of the bonds was sold in the denomination of Rs 1 crore, which can be afforded only by entities or people with deep pockets. The value of electoral bonds issued by the Calcutta Main Branch in the Rs 1-crore denomination stands at a staggering Rs 353 crore.<br /><br />* Of the bonds valued at Rs 822,25,79,000 (Rs 822 crore) and issued till May 24 &mdash; the day after the counting of votes &mdash; instruments of Rs 819 crore were redeemed within the same time frame. The bonds are valid for 15 days from their date of issue.<br /><br />* That moneybags are the main donors is evident from the fine print in May. The value of bonds in denominations of Rs 1,000, Rs 10,000 and Rs 1 lakh adds up to only Rs 4.29 lakh. The remaining amount &mdash; over Rs 822 crore &mdash; has been invested in bonds of Rs 10-lakh and Rs 1-crore denominations, again the bulk in the latter.<br /><br />Although there is no official information on which party has benefited the most from these bonds, the ruling BJP had been the biggest beneficiary of the inaugural bonds issued in March 2018.<br /><br />According to the BJP&rsquo;s audit and income tax reports for 2017-18 &mdash; submitted to the Election Commission of India &mdash; the party got Rs 210,00,02,000 (Rs 210 crore) through electoral bonds.<br /><br />In its inaugural run in March 2018, electoral bonds worth Rs 222 crore had been issued, putting what the BJP got from that tranche at 95 per cent of the entire money that came in.<br /><br />Please <a href="https://www.telegraphindia.com/india/revealed-river-of-anonymous-election-cash-that-flowed-to-calcutta/cid/1691820?fbclid=IwAR1Gn2PKLQGe4UKauohYn5mI-xAzUu9uO7UnPQrSO3QGClcO8fJXEyqqyqM#.XPciCO-gXnY.facebook" title="https://www.telegraphindia.com/india/revealed-river-of-anonymous-election-cash-that-flowed-to-calcutta/cid/1691820?fbclid=IwAR1Gn2PKLQGe4UKauohYn5mI-xAzUu9uO7UnPQrSO3QGClcO8fJXEyqqyqM#.XPciCO-gXnY.facebook">click here</a> to read more. <br /></div>                                                           
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Figures in May take the total amount of money invested in this opaque source of funding since January to Rs 4,794 crore

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    <h1 class="cat-box-title">Revealed: River of anonymous election cash that flowed to Calcutta -Anita Joshua</h1>
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                            <div align="justify">-The Telegraph<br /><br /><em>Figures in May take the total amount of money invested in this opaque source of funding since January to Rs 4,794 crore<br /></em><br />Electoral bonds accounting for the maximum amount of political donations in India in May were sold in Calcutta, according to information accessed by a citizen through the Right to Information route.<br /><br />Of the bonds worth Rs 822 crore that were sold in select outlets of the State Bank of India in the country in the last month of the general election, instruments worth Rs 370 crore &mdash; or as much as 45 per cent &mdash; were issued from the Calcutta Main Branch of the bank.</div><div align="justify">&nbsp;</div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Electoral Bond.jpg" alt="Electoral bond" width="1000" height="647" /> <br /></div><div align="justify">&nbsp;</div><div align="justify">The figures in May take the total amount of money invested in this opaque source of funding for political parties since January this year to Rs 4,794 crore. The information was provided by the SBI in response to an RTI query by a Pune-based person, Vihar Durve.<br /><br />The disclosure comes at a time glare has fallen on what is being described as the unprecedented use of money in the elections through the controversial instruments.<br /><br />The electoral bonds, which can be bought by individuals as well as corporate entities and then donated to parties, do not bear the name of the donor. The anonymity has fuelled fears that high-net-worth individuals or rich companies can influence the outcome of elections by pumping money to select parties without the identity of the donor being revealed.<br /><br />On Monday, before the bank data became public, chief minister Mamata Banerjee had called for a probe into the use of money in the general election.<br /><br />The break-up in Calcutta throws up some illuminating details.<br /><br />* In May, the Calcutta Main Branch of the SBI saw the highest sale of bonds in the country, valued at Rs 370,45,75,000 (Rs 370 crore).<br /><br />* The bulk of the bonds was sold in the denomination of Rs 1 crore, which can be afforded only by entities or people with deep pockets. The value of electoral bonds issued by the Calcutta Main Branch in the Rs 1-crore denomination stands at a staggering Rs 353 crore.<br /><br />* Of the bonds valued at Rs 822,25,79,000 (Rs 822 crore) and issued till May 24 &mdash; the day after the counting of votes &mdash; instruments of Rs 819 crore were redeemed within the same time frame. The bonds are valid for 15 days from their date of issue.<br /><br />* That moneybags are the main donors is evident from the fine print in May. The value of bonds in denominations of Rs 1,000, Rs 10,000 and Rs 1 lakh adds up to only Rs 4.29 lakh. The remaining amount &mdash; over Rs 822 crore &mdash; has been invested in bonds of Rs 10-lakh and Rs 1-crore denominations, again the bulk in the latter.<br /><br />Although there is no official information on which party has benefited the most from these bonds, the ruling BJP had been the biggest beneficiary of the inaugural bonds issued in March 2018.<br /><br />According to the BJP&rsquo;s audit and income tax reports for 2017-18 &mdash; submitted to the Election Commission of India &mdash; the party got Rs 210,00,02,000 (Rs 210 crore) through electoral bonds.<br /><br />In its inaugural run in March 2018, electoral bonds worth Rs 222 crore had been issued, putting what the BJP got from that tranche at 95 per cent of the entire money that came in.<br /><br />Please <a href="https://www.telegraphindia.com/india/revealed-river-of-anonymous-election-cash-that-flowed-to-calcutta/cid/1691820?fbclid=IwAR1Gn2PKLQGe4UKauohYn5mI-xAzUu9uO7UnPQrSO3QGClcO8fJXEyqqyqM#.XPciCO-gXnY.facebook" title="https://www.telegraphindia.com/india/revealed-river-of-anonymous-election-cash-that-flowed-to-calcutta/cid/1691820?fbclid=IwAR1Gn2PKLQGe4UKauohYn5mI-xAzUu9uO7UnPQrSO3QGClcO8fJXEyqqyqM#.XPciCO-gXnY.facebook">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.telegraphindia.com/india/revealed-river-of-anonymous-election-cash-that-flowed-to-calcutta/cid/1691820?fbclid=IwAR1Gn2PKLQGe4UKauohYn5mI-xAzUu9uO7UnPQrSO3QGClc" class="re" target="_blank">The Telegraph, 5 June, 2019, https://www.telegraphindia.com/india/revealed-river-of-anonymous-election-cash-that-flowed-to-calcutta/cid/1691820?fbclid=IwAR1Gn2PKLQGe4UKauohYn5mI-xAzUu9uO7UnPQrSO3QGClc</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Revealed: River of anonymous election cash that flowed to Calcutta -Anita Joshua    </title>
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Figures in May take the total amount of money invested in this opaque source of funding since January to Rs 4,794 crore

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                            <div align="justify">-The Telegraph<br /><br /><em>Figures in May take the total amount of money invested in this opaque source of funding since January to Rs 4,794 crore<br /></em><br />Electoral bonds accounting for the maximum amount of political donations in India in May were sold in Calcutta, according to information accessed by a citizen through the Right to Information route.<br /><br />Of the bonds worth Rs 822 crore that were sold in select outlets of the State Bank of India in the country in the last month of the general election, instruments worth Rs 370 crore &mdash; or as much as 45 per cent &mdash; were issued from the Calcutta Main Branch of the bank.</div><div align="justify">&nbsp;</div><div align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Electoral Bond.jpg" alt="Electoral bond" width="1000" height="647" /> <br /></div><div align="justify">&nbsp;</div><div align="justify">The figures in May take the total amount of money invested in this opaque source of funding for political parties since January this year to Rs 4,794 crore. The information was provided by the SBI in response to an RTI query by a Pune-based person, Vihar Durve.<br /><br />The disclosure comes at a time glare has fallen on what is being described as the unprecedented use of money in the elections through the controversial instruments.<br /><br />The electoral bonds, which can be bought by individuals as well as corporate entities and then donated to parties, do not bear the name of the donor. The anonymity has fuelled fears that high-net-worth individuals or rich companies can influence the outcome of elections by pumping money to select parties without the identity of the donor being revealed.<br /><br />On Monday, before the bank data became public, chief minister Mamata Banerjee had called for a probe into the use of money in the general election.<br /><br />The break-up in Calcutta throws up some illuminating details.<br /><br />* In May, the Calcutta Main Branch of the SBI saw the highest sale of bonds in the country, valued at Rs 370,45,75,000 (Rs 370 crore).<br /><br />* The bulk of the bonds was sold in the denomination of Rs 1 crore, which can be afforded only by entities or people with deep pockets. The value of electoral bonds issued by the Calcutta Main Branch in the Rs 1-crore denomination stands at a staggering Rs 353 crore.<br /><br />* Of the bonds valued at Rs 822,25,79,000 (Rs 822 crore) and issued till May 24 &mdash; the day after the counting of votes &mdash; instruments of Rs 819 crore were redeemed within the same time frame. The bonds are valid for 15 days from their date of issue.<br /><br />* That moneybags are the main donors is evident from the fine print in May. The value of bonds in denominations of Rs 1,000, Rs 10,000 and Rs 1 lakh adds up to only Rs 4.29 lakh. The remaining amount &mdash; over Rs 822 crore &mdash; has been invested in bonds of Rs 10-lakh and Rs 1-crore denominations, again the bulk in the latter.<br /><br />Although there is no official information on which party has benefited the most from these bonds, the ruling BJP had been the biggest beneficiary of the inaugural bonds issued in March 2018.<br /><br />According to the BJP&rsquo;s audit and income tax reports for 2017-18 &mdash; submitted to the Election Commission of India &mdash; the party got Rs 210,00,02,000 (Rs 210 crore) through electoral bonds.<br /><br />In its inaugural run in March 2018, electoral bonds worth Rs 222 crore had been issued, putting what the BJP got from that tranche at 95 per cent of the entire money that came in.<br /><br />Please <a href="https://www.telegraphindia.com/india/revealed-river-of-anonymous-election-cash-that-flowed-to-calcutta/cid/1691820?fbclid=IwAR1Gn2PKLQGe4UKauohYn5mI-xAzUu9uO7UnPQrSO3QGClcO8fJXEyqqyqM#.XPciCO-gXnY.facebook" title="https://www.telegraphindia.com/india/revealed-river-of-anonymous-election-cash-that-flowed-to-calcutta/cid/1691820?fbclid=IwAR1Gn2PKLQGe4UKauohYn5mI-xAzUu9uO7UnPQrSO3QGClcO8fJXEyqqyqM#.XPciCO-gXnY.facebook">click here</a> to read more. <br /></div>                                                           
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Revealed: River of anonymous election cash that flowed to Calcutta -Anita Joshua

Published on Jun 6, 2019   Modified on Jun 6, 2019

-The Telegraph Figures in May take the total amount of money invested in this opaque source of funding since January to Rs 4,794 crore Electoral bonds accounting for the maximum amount of political donations in India in May were sold in Calcutta, according to information accessed by a citizen through the Right to Information route. Of the bonds worth Rs 822 crore that were sold in select outlets of the State Bank of India in the country in the last month of the general election, instruments worth Rs 370 crore — or as much as 45 per cent — were issued from the Calcutta Main Branch of the bank.     The figures in May take the total amount of money invested in this opaque source of funding for political parties since January this year to Rs 4,794 crore. The information was provided by the SBI in response to an RTI query by a Pune-based person, Vihar Durve. The disclosure comes at a time glare has fallen on what is being described as the unprecedented use of money in the elections through the controversial instruments. The electoral bonds, which can be bought by individuals as well as corporate entities and then donated to parties, do not bear the name of the donor. The anonymity has fuelled fears that high-net-worth individuals or rich companies can influence the outcome of elections by pumping money to select parties without the identity of the donor being revealed. On Monday, before the bank data became public, chief minister Mamata Banerjee had called for a probe into the use of money in the general election. The break-up in Calcutta throws up some illuminating details. * In May, the Calcutta Main Branch of the SBI saw the highest sale of bonds in the country, valued at Rs 370,45,75,000 (Rs 370 crore). * The bulk of the bonds was sold in the denomination of Rs 1 crore, which can be afforded only by entities or people with deep pockets. The value of electoral bonds issued by the Calcutta Main Branch in the Rs 1-crore denomination stands at a staggering Rs 353 crore. * Of the bonds valued at Rs 822,25,79,000 (Rs 822 crore) and issued till May 24 — the day after the counting of votes — instruments of Rs 819 crore were redeemed within the same time frame. The bonds are valid for 15 days from their date of issue. * That moneybags are the main donors is evident from the fine print in May. The value of bonds in denominations of Rs 1,000, Rs 10,000 and Rs 1 lakh adds up to only Rs 4.29 lakh. The remaining amount — over Rs 822 crore — has been invested in bonds of Rs 10-lakh and Rs 1-crore denominations, again the bulk in the latter. Although there is no official information on which party has benefited the most from these bonds, the ruling BJP had been the biggest beneficiary of the inaugural bonds issued in March 2018. According to the BJP’s audit and income tax reports for 2017-18 — submitted to the Election Commission of India — the party got Rs 210,00,02,000 (Rs 210 crore) through electoral bonds. In its inaugural run in March 2018, electoral bonds worth Rs 222 crore had been issued, putting what the BJP got from that tranche at 95 per cent of the entire money that came in. Please click here to read more.

The Telegraph, 5 June, 2019, https://www.telegraphindia.com/india/revealed-river-of-anonymous-election-cash-that-flowed-to-calcutta/cid/1691820?fbclid=IwAR1Gn2PKLQGe4UKauohYn5mI-xAzUu9uO7UnPQrSO3QGClc

Tagged with: transparency Electoral bonds Bharatiya Janata Party Political Parties Political Funding Political Donation

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