In a shocking revelation, Reuters News has reported that Serum Institute, the manufacturer of Covishield vaccine, donated a whopping Rs 52 crore to India's ruling party, BJP, within a span of just 48 hours through electoral bonds. This news has emerged after the Supreme Court's recent order to make the details of all electoral bond donations public. While the Centre had given monopoly rights to Serum Institute for manufacturing the Covid-19 vaccine, this alleged donation has raised concerns about potential corruption and exploitation of the current pandemic situation for political gains. The Election Commission is expected to publish the bond data before March 15, bringing the truth to light.
Serum Institute's Controversial Donation to BJP: A Deeper Dive
Background
The Serum Institute of India (SII) is the world's largest vaccine manufacturer. During the COVID-19 pandemic, it played a pivotal role in producing the Covishield vaccine, which was widely used in India and other countries.
Shocking Revelation
In a startling revelation, Reuters News reported that SII made a whopping Rs 52 crore donation to India's ruling party, the Bharatiya Janata Party (BJP), through electoral bonds within just 48 hours. This news emerged after the Supreme Court ordered the disclosure of all electoral bond donations.
Concerns Raised
This donation has raised concerns about potential corruption and the exploitation of the pandemic situation for political gains. The Center had granted SII monopoly rights to manufacture the Covishield vaccine, and the timing of the donation has raised suspicions of quid pro quo.
Political Fallout
The opposition parties have seized on this revelation, accusing the BJP of unethical behavior. The Congress party has demanded an investigation into the matter. The BJP has denied any wrongdoing, claiming the donation was made legally and transparently.
Legal Implications
Electoral bonds were introduced by the government in 2017 to ensure anonymity in political funding. However, critics argue that they lack transparency and can be used to shield illicit donations. The Election Commission is expected to publish the bond data before March 15, which will shed light on the controversy.
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