Hyderabad: Kerala's Indian Union Muslim League (IUML) has raised around Rs 92.4 crore through donations in 2019-20.
This is one of the highest funds raised by a regional party in the country.
IUML is Kerala based political party which have 18 seats in the legislative assembly. The party has 3 Lok Sabha members and one Rajya Sabha member. The party also has one MLA in Tamil Nadu.
Though the majority of the contribution came from the party's district-level units, the jewelers and gold finance companies are also among the top donors of the party.
Malabar Gold has donated Rs 20 lakh to the party from its Madurai Branch, while PA Ibrahim Haji of Malabar Gold Jewels donated Rs 10 lakh. Kallyan Jewellers, Thrissur branch, has donated Rs 5 lakh and Malabar collections have donated Rs 5 lakh to the party. Auroxia Gold and Diamonds donated Rs 50,000 to the party.
Apart from jewelers and gold finance company, KIMS Healthcare, Thiruvananthapuram donated Rs 4 lakh, Sree Gogulam Chit and Finance Company donated Rs 5 lakh and Unneen Shifa Medicare trust donated Rs 5 lakh to the party.
As per the Election Commission, All India Anna Dravida Munnetra Kazhagam(AIADMK) of Tamil Nadu got Rs 52.17 crore. Most of these funds came from electoral bonds.
The electoral bond scheme introduced by the Modi government in 2018 allows citizens and corporate houses to buy these bonds which are similar to banknotes from the SBI and donate them to a political party.
In Andhra Pradesh, the ruling Yuvajana Sramika Rythu Congress Party (YSRCP) got Rs 8.92 crore, while Chandrababu Naidu's Telugu Desam Party got Rs 2.6 crore donation in 2019-20
Punjab's Shiromani Akali Dal got Rs 4.13 crore. Major portion of the money came from the Prudent Electoral Trust.
In Bihar, Chirag Paswan's Lok Janshakti Party got Rs 1 crore, while Janta Dal (United) raised Rs 6 crore.
Hyderabad based, All India Majlis E Ittehad ul Muslimeen(AIMIM) got Rs 13.85 lakh