SOME DEDUCTIONS FROM ELECTORAL BONDS DATA_THE BJP TMC BATTLE
The Diligent Editorial Team
The data on electoral bonds point towards the following with respect to INC, BJP & TMC:
1. The overlapping monetary sources for the BJP & TMC show greater affinity towards the TMC.
2. TMC shares similar monetary sources like that of the INC owing to their similar historical, ideological and political lineage.
3. In the national scale, BJP enjoys monetary benefits much greater than that of the INC.
4. Monetary sources of the BJP are mainly centered around individual donors of the Rajasthan, Karnataka, Telengana, Gujarat, Maharashtra, multinational conglomerates and national business houses.
5. Monetary sources of the TMC are mainly centered around regional companies of various states.
6. Points 4 & 5 justify our previous predictions (after 2021 West Bengal Legislative Assembly Elections and before the declaration of results of the 2024 Lok Sabha Elections) regarding the economic nature of the battle between BJP & TMC: "A struggle of regional and small capitalists against the Indian partners of international investment capital".
7. While point 6 superficially establishes one of the pre-requisites for the implementation of the Dmitrov Thesis, it must be noted that fascism has not been completely established in our country yet and such perceived division among the capitalists is still realized only within the questions of the national realm.
8. Thus, Left support for any Right alliance does not matter since the Right themselves are capable of creating their own hegemony through support from either teams of business houses. However, there is ample scope for the Left in winning over the toiling masses through mass movements and cultural struggles.
Comparative details of some companies purchasing bonds in favour of TMC/BJP/INC
(Companies with overlapping support for TMC and either of the other 2 parties have been taken into account. Purchasing amount in crore rupees)
Details of companies purchasing bonds worth Rs. 100 Crore and above
(Purchasing amount in crore rupees)
|
Owner/CEO/Director of Company
or Company Name for Individual Purchasers |
Company/Individual
Purchaser of Electoral Bonds |
BJP |
INC |
Others |
Group/Nature of Work |
Centre |
Nature |
||
|
Pami & Pitchi
Reddy |
Megha Engineering And
Infrastructures Limited |
584 |
18 |
Y |
Construction Projects |
Hyderabad |
|||
|
Vipul Pranlal Mehta |
Qwik Supply Chain
Private Limited |
375 |
0 |
Y |
Brokery &
Auctioneering |
Mumbai |
|||
|
Sunil Bharti Mittal |
Bharti Group |
236.4 |
8 |
Y |
Bharti Airtel |
Delhi |
|||
|
Sunil Duggal |
Vedanta Group |
230.15 |
125.2 |
Y |
Mining |
Mumbai |
IMN |
||
|
Rajib Singh |
DLF Group |
170 |
0 |
N |
Real Estate |
Haryana |
|||
|
Sudhir & Samir
Mehta |
Torrent Group |
137 |
22 |
Y |
Gas, Pharmaceuticals,
Power |
Ahmedabad |
IMN |
||
|
Santiago Martin |
Future Gaming And
Hotel Services |
100 |
50 |
Y |
Lottery |
Coimbatore |
|||
|
R C Rungta |
Rungta Sons Pvt Ltd |
50 |
0 |
Y |
Mining |
Jharkhand |
|||
|
Sajjan Jindal |
Jindal Group |
42 |
23 |
Y |
Steel |
New Delhi |
|||
|
Vijay Sirke |
B G Shirke
Construction Technology Pvt Ltd |
30.5 |
2 |
N |
Construction Projects |
Maharashtra |
|||
|
MK Jalan |
MKJ Enterprises
Limited |
26.92 |
91.6 |
Y |
Steel |
UP & WB |
|||
|
Ravi Dhariwal |
Dhariwal
Infrastructure Limited |
25 |
0 |
Y |
Sanjiv Goenka Group |
Maharashtra |
|||
|
Upasana & Prem
Arora |
Yashoda Super
Speciality Hospital |
2 |
64 |
N |
Hospital |
Kanpur |
|||
|
Bhal Chandra Khaitan
& Rmesh Kumar Sarogi |
Avees Trading Finance
Pvt Ltd |
1 |
53 |
Y |
Wholesale of
non-agricultural intermediate products, waste and scrap |
Kolkata |
|||
|
Rajesh Taraka Dasari |
Chennai Green Woods
Pvt Ltd |
0 |
15 |
Y |
Civil Engineering |
Hyderabad |
|||
|
Company |
Individual Purchasers |
BJP |
INC |
Others |
Nature of Work |
Nature |
Centre |
||
|
Arcelormittal |
Lakshmi Niwas Mittal |
35 |
0 |
N |
Steel |
MC |
Luxembourg |
||
|
Reliance Group |
K R Raja JT |
25 |
0 |
N |
Ambani |
Mumbai |
|||
|
Reliance Group |
Laxmidas Vallabhdas
& Asmita Merchant |
25 |
0 |
N |
Ambani |
Mumbai |
|||
|
Om Group |
Rahul Jagannath &
Harmesh Joshi |
20 |
0 |
N |
Travel Agency |
Mumbai |
|||
|
Polycab Group |
Inder Thakurdas
Jaisinghani |
14 |
0 |
N |
Cable & Wire
Industry |
Mumbai |
|||
|
Raju Kumar Sharma |
10 |
0 |
N |
||||||
|
Saurabh Gupta |
10 |
0 |
N |
||||||
|
Anita Hemant Shah |
8.2 |
0 |
N |
||||||
|
Rajesh Mannalal
Agrawal |
5 |
6.5 |
Y |
||||||
|
Manvar Savabhai |
5 |
0 |
Y |
Wholesale of
non-agricultural intermediate products, waste and scrap |
Kolkata |
||||
|
Ocean Capital Market
Ltd |
Indrani Patnaik |
5 |
0 |
N |
Civil Engineering |
Hyderabad |
|||
|
Bi Mining Pvt Ltd |
Induru Sudhakara Reddy |
5 |
0 |
N |
Peat Extraction |
Hyderabad |
|||
|
Guru Nanak
Institutions |
Tavinder Singh Kohli |
5 |
0 |
N |
Academic |
Hyderabad |
|||
|
Biocon |
Kiran Mazumdar Shaw |
4 |
1 |
N |
IMC Pharmaceutical |
Bangalore |
|||
|
Purshottam Lal Gupta |
3 |
2 |
N |
||||||
|
Wonder Cement Group |
Ashok Patni &
others |
0 |
10 |
N |
Cement |
Rajasthan |
|||
Further details of companies purchasing bonds worth Rs. 100 Crore and individuals purchasing bonds worth Rs. 5 Crore and above
(Purchasing amount in crore rupees; Others refer to other parties: Yes/No; IMC: Indian Multinational Conglomerate, MC: Multinational Conglomerate)
|
Owner/CEO/Director of Company
or Company Name for Individual Purchasers |
Company/Individual Purchaser of
Electoral Bonds |
TMC |
BJP |
INC |
Others |
Group/Nature of Work |
Centre |
|
|
Santiago Martin |
Future Gaming & Hotel
Services |
542 |
100 |
50 |
Y |
Lottery |
Coimbatore |
|
|
Prasun Mukherjee |
Haldia Energy Ltd. |
281 |
81 |
15 |
Y |
Haldia Thermal Power Plant |
Haldia |
|
|
Ravi Dhariwal |
Dhariwal Infrastructure Limited |
90 |
25 |
0 |
N |
Sanjiv Goenka Group |
Maharashtra |
|
|
MK Jalan |
MKJ Enterprises Limited |
45.9 |
26.92 |
91.6 |
Y |
Steel |
UP & WB |
|
|
Bhal Chandra Khaitan, Ramesh
Kumar Sarogi, Mahesh Kumar Dhanuka |
Avees Trading Finance Pvt Ltd |
45.5 |
1 |
53 |
Y |
Wholesale of non-agricultural
intermediate products, waste and scrap |
Kolkata |
|
|
Rajesh Taraka Dasari & Anil
Babu Kolli |
Chennai Green Woods Pvt Ltd |
40 |
0 |
15 |
Y |
Civil Engineering |
Hyderabad |
|
|
Subhasish Moitra & others |
Crescent Power Limited |
33 |
1 |
0 |
N |
Real Estate |
Kolkata |
|
|
Indigo |
Rahul Bhatia |
16.2 |
0 |
0 |
N |
InterGlobe Enterprises |
Pan-India |
|
|
Kamna Credits & Promoters
Pvt Ltd |
6 |
1 |
0.05 |
Y |
||||
|
Askus Logistics Pvt Ltd |
6 |
0 |
0 |
N |
||||
|
Madhya Pradesh Waste Management |
6 |
0.25 |
0 |
Y |
||||
|
Herald Beverage Pvt Ltd |
5.5 |
0 |
0 |
Y |
||||
|
Om Metals Developers Pvt Ltd |
5.5 |
1.5 |
2 |
N |
||||
|
Asish Finance Pvt Ltd |
5 |
0 |
2 |
N |
||||
|
ITC Limited |
4.95 |
0 |
0 |
N |
||||
|
Abhinandan Stock Broking Pvt
Ltd |
4 |
0 |
8.5 |
Y |
||||
|
Laxmi Industrial Bottling Plan |
3.9 |
0.14 |
0 |
Y |
||||
|
Voler Cars |
Vikas Parasrampuria |
3.5 |
0 |
0 |
Y |
Self-driving car supply |
Delhi, Bangalore |
|
|
Various Company Director |
Mahabir Banka |
3.5 |
0 |
0 |
Y |
Kolkata |
||
|
MS Varas
International Pvt Ltd |
3.3 |
0 |
0 |
Y |
||||
|
Galaxy CS Bottling Plant |
3.1 |
0 |
0 |
Y |
||||
|
Skp Merchants Ltd |
3 |
0 |
5 |
N |
||||
|
Om Credit Pvt Ltd |
3 |
0 |
1 |
N |
||||
|
RPSG Ventures Ltd |
3 |
0 |
0 |
N |
Sanjiv Goenka |
Kolkata |
||
|
Sarojit Kumar Dey |
2.86 |
0 |
0 |
Y |
||||
|
Besseggen Infotech Pvt Ltd |
2.5 |
0 |
4 |
Y |
||||
|
Purulia Bottling Ltd |
2.5 |
0 |
0 |
Y |
||||
|
Laurel Securities Pvt Ltd |
2.5 |
0 |
0 |
Y |
||||
|
Bengal Vivapanapan Pvt Ltd |
2 |
0 |
0 |
Y |
||||
|
Silverstone Securities Pvt Ltd |
2 |
0 |
0 |
Y |
||||
|
Prakash Distillery &
Chemical Co Pvt Ltd |
1.7 |
0 |
0 |
Y |
||||
|
? |
Raunak Gupta |
1.5 |
0 |
0 |
Y |
|||
|
Right Aid Consultant Pvt Ltd |
1.5 |
0 |
0 |
Y |
||||
|
Austin Plywood Pvt Ltd |
1.3 |
0 |
0.4 |
N |
||||
|
Abhrajit Mitra |
1.05 |
0 |
3.2 |
N |
||||
|
Manu Vyapar Pvt Ltd |
1 |
0 |
2 |
Y |
||||
|
Descent Buildwell Pvt Ltd |
1 |
1 |
0.5 |
N |
||||
|
Lifeline Marketing Pvt Ltd |
1 |
0 |
1 |
N |
||||
|
Suman Estates Pvt Ltd |
0.85 |
0 |
0.5 |
N |
||||
|
PRB Securities Pvt Ltd |
0.5 |
0 |
2 |
Y |
||||
|
Abhijit International |
0.5 |
2 |
0.5 |
N |
||||
|
Quality Maintenance Venture |
0.5 |
1 |
0 |
Y |
||||
|
Nangalia Associates |
0.5 |
0 |
1 |
N |
||||
|
R B
Dealers Pvt Ltd |
0.5 |
0 |
0.75 |
N |
||||
|
V M Salgaocar Corporation Pvt
Ltd |
0.45 |
3.3 |
1.2 |
Y |
||||
|
Vedanta Ltd |
0.2 |
3.5 |
21 |
N |
||||
|
Yogesh Manpuria |
0.07 |
0 |
1 |
N |
||||
|
Rajesh Sharma |
0.07 |
0.1 |
0 |
N |
||||
|
Srinivas Vasudeva Dempo |
0.05 |
0 |
0.5 |
N |
||||
|
Pramod Bajoria |
0.05 |
0.03 |
0.1 |
N |
||||
|
Josyula Venkatesh |
0.05 |
0.02 |
0 |
N |
||||
|
Vinit Gupta |
0.04 |
0 |
0.06 |
N |
||||
|
Neeraj Gandhi |
0.03 |
0.03 |
0.025 |
N |
||||
|
Narayan Poddar |
0.03 |
0 |
0.02 |
N |
||||
|
Vivek Agarwal |
0.02 |
0 |
1 |
N |
||||
|
Vikash Gupta |
0.02 |
0 |
0.08 |
N |
||||
|
Rahul Choudhury |
0.01 |
0 |
0 |
Y |
||||
|
Ashok Dalmia |
0.01 |
0 |
0.02 |
N |
||||
Further comparative details of some companies purchasing bonds in favour of TMC/BJP/INC
(Companies with overlapping support for TMC and either of the other 2 parties have been taken into account. Purchasing amount in crore rupees; Others refer to other parties: Yes/No; IMC: Indian Multinational Conglomerate, MC: Multinational Conglomerate)
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