This article is from Jan 15, 2021

SERUM INSTITUTE OF INDIA donates election funds for vaccinations approval? Not only BJP!

Claim

SERUM INSTITUTE OF INDIA, the inventor of one of the two vaccines, Covshield, has been funding the BJP for billions over the years, with the emergency corona vaccine being approved in India.

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Description

Bharat Biotech’s Covaxine and Serum Institute’s Covishield have been approved for emergency use of coronavirus vaccine in India. Of this, the central government has reportedly agreed to buy 1.1 crore doses of Covshield shields and 55 lakh doses of Covaxine.

In this context, Madurai Marxist Communist Party MP S. Venkatesh said on his Facebook page, “The serum institute of India, which manufactures one of the two vaccines, Covishield, has been continuously funding the BJP for many years, having been granted emergency corona vaccination in India. You can see on myneta.info that the company has provided millions and millions of dollars since 2013. ”

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With this, they were starting to share memes. Followers were also asked us to post about it.

Candidates contesting the Indian elections will post important information on the website Myneta.info, including the election funds received by the parties from the details of their candidatures.

A search on Myneta.info for donations from the Bharatiya Janata Party (BJP) revealed details of the large donations made during the years 2003-04 to 2018-19. Of this, the serum institute of India has provided Rs 60 lakh, Rs 55 lakh, Rs 40 lakh in 2013-14, Rs 2.5 crore in 2014-15 and Rs 2 crore in 2016-17 for a total of Rs 6 crore 5 lakh. Myneta only contains information for the year 2018-2019.

Similarly, the Pune-based Serum Institute of India has donated large sums of money to Sarad Pawar’s National Congress Party. 5 crore from 2013-14 to 2016-17.

In addition, the Economic Times reported on January 7, 2021 that it had donated Rs 3 crore to the party in 2019-20. The state of Maharashtra is currently ruled by an alliance of the Shiv Sena and the National Congress.

Explanation

Corporate donations to political parties are on the rise. Corporates and businesses have donated Rs 876.10 crore to 5 national parties in 2018-19. In October 2020, The Hindu reported that the Democratic Reforms Organization had reported that the BJP had received a maximum of Rs 698 crore.

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