Donations to TMC in Electoral Bonds: Interestingly, the party that received the second-highest amount of electoral bonds after the Bharatiya Janata Party (BJP) was the Trinamool Congress (TMC). The TMC received a significant amount of funding through electoral bonds, with donations from various donors, including Future Gaming and Hotel Services, Haldia Energy, Dhariwal Infra, and MKJ Enterprises, among others. Yes, the Bond Buyer No. 1 was also TMC’s Donor No. 1. Here in this article, we would be giving list of 17 donors that donated more than 10 crores to TMC in electoral bonds – The Top Electoral Bond Donors To TMC
Overall, the TMC received Rs 1,609 crore through electoral bonds from 211 donors between April 12, 2019, and January 24, 2024. Other notable donors to the TMC included Haldia Energy and Dhariwal Infrastructure, among others.
Also Read: Donations To BJP In Electoral Bonds: Exclusive List Of Top Donors
Top Electoral Bond Donors To TMC: 17 Donors that Donated More Than 10 Crores to BJP
- FUTURE GAMING AND HOTEL SERVICES PRIVATE LIMITED 542 Crore
- HALDIA ENERGY LIMITED 281 Crore
- DHARIWAL INFRASTRUCTURE LIMITED 90 Crore
- MKJ ENTERPRISES LIMITED 45.9 Crore
- AVEES TRADING FINANCE PVT LTD 45.5 Crore
- IFB AGRO INDUSTRIES LIMITED 42 Crore
- PCBL LIMITED 40 Crore
- CHENNAI GREEN WOODS PRIVATE LIMITED 40 Crore
- PRARAMBH SECURITIES PVT LTDPROPRIET 38 Crore
- CRESCENT POWER LTD 33 Crore
- TRANSWAYS EXIM PRIVATE LIMITED 21.1 Crore
- KEVENTER FOODPARK INFRA LIMITED 20 Crore (They donated 144.5 crore to BJP)
- RASHMI CEMENT LTD 18.5 Crore
- RAHUL BHATIA 16.2 Crore
- WESTWELL GASES PRIVATE LIMITED 15.4 Crore
- MISRILALL MINES PVT LTD 14 Crore
- HIMALAYAN ENDEAVOUR PVT LTD 11.2 Crore
Source: Express Web Document via Election Commission of India
Easy Reference: Electoral Bond Analysis
Know When and How Much Did TMC Cashed in Electoral Bonds
According to Election Commission data, AITMC cashed in electoral bonds worth Rs 1609 crore from April 2019 to January 2024.
In the initial year of the Covid pandemic, October-November 2020 and January 2021, the party cashed in 65 electoral bonds worth Rs 43.4 crore.
During the West Bengal assembly elections held from March 27 to April 29, 2021, AITMC cashed in 171 electoral bonds worth Rs 55.44 crore, higher than before the elections.
After winning by a large margin in July, following the May 2 election results, the party cashed in 337 electoral bonds worth Rs 107.56 crore. The redemptions totaled Rs 141.92 crore in October 2021 and Rs 224 crore in January 2022.
Following a brief decline, AITMC cashed in Rs 18 crore worth of bonds in April 2022, rising to Rs 66.5 crore in July 2022, and peaking at Rs 143 crore in October 2022.
It is interesting to note that the Trinamool Congress (TMC) despite being influential in only 1 state of West Bengal is the political party that received the second-highest amount of electoral bonds after BJP, ahead of the grand old party the Indian National Congress (INC).
Also Read: The Politics of West Bengal!
