JMM first party to declare name of electoral bonds donor

Sumit Arora Last updated on April 21st, 2021 05:08 pm Leave a comment

The Jharkhand Mukti Morcha (JMM) is the first party that has declared the name of the entity which made donations to it through electoral bonds. A declaration of a ₹1 crore donation was made in the party’s 2019-20 contribution report. According to the contribution report of the ruling party in Jharkhand, the donation was made by aluminium and copper manufacturing company Hindalco.

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In a new report, the association said the most common and popular source of income for national and regional political parties in 2019-20 were donations through electoral bonds. This raises the question as to whether political parties are aware of the identity of the donors who have contributions through electoral bonds, as can be seen in this case.

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Chief Minister of Jharkhand: Hemant Soren; Governor: Shrimati Droupadi Murmu.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.