As India's infrastructure capital outlay witnesses steady rise in recent years, firms in the cement, mining, capital goods and infrastructure segments have emerged as big political donors, the electoral bonds data released by the Election Commission of India (ECI) on Thursday shows.
In the donors' list, the combined cement sector donated at least ₹233 crore, with lesser known Rashmi Cement making one of the largest contributions in this sector at ₹63.5 crore.
Industry leaders such as UltraTech Cement donated ₹35 crore, in two tranches.
According to West Bengalbased Rashmi Group's official website, it operates a modest capacity of one million tonnes per annum.
In mining and metals, industry leaders Anil Agarwal promoted Vedanta Ltd and Aditya Birla Group (through subsidiaries or related entities) also figure amongst the top 10 donors.
An email query sent to the conglomerates- Vedanta and Aditya Birla Group, on Friday remained unanswered at the time of going to press.
Megha Engineering and Infrastructure donated ₹966 crore, according to the data, making it the second-largest donor value-wise on the list.
هذه القصة مأخوذة من طبعة March 16, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة March 16, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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