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Electoral Trusts (ET) Scheme

Santhosh Kumar 09/11/2023

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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Categories: Elections & Democracy

Tags: 9.11.2023, Newsbits

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