Electoral Trusts (ET) Scheme

Santhosh Kumar 09/11/2023
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Electoral Trusts (ET) Scheme upsc mind map Context Predecessor to Electoral Bond Scheme Source: IE Established by UPA government in 2013 Aim: Regulate donations to political parties Emphasis: Transparency Features of ET Scheme Introduction year: 2013 Eligibility Companies under Section 25 Companies Act 1956 Individuals or entities in India Registration Renewal Every three financial years Contribution Allocation 95% to political parties Registered under Representation of the People Act 1951 Transparency Reporting to Election Commission of India Contributors Beneficiaries Comparison with Electoral Bond Scheme Anonymity in EB Scheme Trends in Donations 2017-18 to 2021-22 period Donations through EBs Total: Rs 9,208 crore Donations through ETs Total: Rs 1,631 crore

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