who got more Donations How to donate to a political party: Learn these special things!
How to donate to a political party: Electoral bonds could be used to donate to any political party. But now the Supreme Court has put a stop to electoral bonds. So now people want to know how to donate to a political party?
After the ban on electoral bonds, political parties are now exploring various other methods for raising funds. Let’s now learn about those methods.
How To Donate To a Political Party
- Electoral Bonds: Previously, Electoral Bonds were a common method for donating to political parties. However, the Supreme Court has halted this practice and mandated full disclosure of such donations.
- Traditional Methods: Donations can still be made through traditional methods such as checks. When donating via check, the donor’s information is disclosed to the Election Commission.
- Online Donations: Many political parties have online donation portals on their websites. Donors can contribute funds through these portals, with their information being recorded by the party.
- Disclosure Requirements: With recent changes, donors must provide full information about the donation amount and the recipient party. Anonymous donations are no longer permissible.
- Legal Compliance: It’s essential for both donors and political parties to ensure compliance with all legal requirements and regulations regarding donations.
- Transparency: The emphasis is now on transparency in political funding, with all donation details being made public to promote accountability and integrity in the electoral process.
- Consultation: Donors should consider consulting legal experts or financial advisors before making significant contributions to political parties to ensure compliance with laws and regulations.
- Public Scrutiny: Donations to political parties are subject to public scrutiny, and donors should be aware of the potential impact on their public image and reputation.
- Ethical Considerations: Donors should assess the ethical implications of supporting a particular political party and ensure that their contributions align with their personal values and beliefs.
- Impact Assessment: Donors may want to evaluate the intended use and impact of their donations by political parties, ensuring that their contributions are directed towards initiatives that align with their goals and objectives.
Amit Shah Donated
After the ban on Electoral Bonds, a few days later, the Home Minister of the country, Amit Shah, donated Rs. 2000 to the BJP using the NaMo app. Along with this, he also appealed to other people of the country for support. This is also a way of receiving donations. You can donate to your favorite party by taking its membership. In addition to this, many parties also collect donations through receipt books. However, this donation is not in the range of billions like Electoral Bonds. It is known as crowdfunding.
Currently, it has been clarified by the Supreme Court that in any case, the State Bank of India (SBI) will have to provide information about electoral donations to the Election Commission. After that, the Electoral Bond will publish it on its website.
Which party received how many donations?
According to reports, between March 2018 and July 2023, several political parties received transfers totaling ₹13,000 crore. The report states that between 2018 and 2022, electoral bonds worth ₹9,208 crore were sold, and the BJP received 58 percent of the total funds.
ALSO READ
ds h h h hh h h h h h h h hh h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h