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JMM first party to declare name of electoral bonds donor

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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.

Important takeaways for all competitive exams:

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

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