BJP receives staggering high donations in 2017-18 -Governance Now

BJP receives staggering high donations in 2017-18

Donations received by BJP above Rs 20,000 are more than 12 times the aggregate of other national parties together, reports ADR

GN Bureau | January 17, 2019

#national parties #politics #donors #ADR #donations #Congress #BJP #money

Illustration: Ashish Asthana

The total donations (above Rs 20,000) declared by the national parties was Rs 469.89 crore, from 4,201 donations, revealed a report by Association for Democratic Reforms (ADR). The report gives the details of donations received by seven national parties: Bharatiya Janata Party (BJP), Indian National Congress (INC), Bahujan Samaj Party (BSP), Nationalist Congress Party (NCP), Communist Party of India (CPI), Communist Party of India (Marxist) (CPM) and All India Trinamool Congress (AITC) in the financial year 2017-18.

BJP has topped the list declaring donations which are 12 times more than the total donations received by other national parties.

Following are the major findings from the report:

- BJP collected a total of Rs 437.04 crores from 2,977 donations above Rs 20,000, while INC collected Rs 26.658 crores from 777 donations above Rs 20,000 in FY 2017-18.

- BSP stated that the party did not receive any donations above Rs 20,000 during FY 2017-18, as it has been declaring for the past 12 years.

- NCP received 42 donations above Rs 20,000 declaring a total amount of Rs. 2.087 crores while CPM collected Rs 2.756 crores from 196 donations and CPI received Rs 1.146 crores from 176 donations.

- The total number of donations received by national parties dropped by 20 percent or Rs 119.49 crore from the previous financial year, 2016-17. The total amount of donations received in the previous financial year was Rs 589.38 crore, from 2,123 donations.

- BJP’s total donations above Rs 20,000 decreased by 18 percent or Rs 95.23 crore from FY 2016-17 while INC’s donations dropped by 36 percent or Rs 15.25 crore from FY 2016-17.

- Maximum donations received by national parties were from Delhi (Rs 208.56 crore) followed by Maharashtra (Rs 71.93 crore) and Gujarat (Rs 44.02 crore)

- A total of 89 percent or 1,361 donations (Rs 422.04 crores) were made by corporate/business sector in FY 2017-18 out of which 1,207 donations (Rs 400.23 crore) were for the BJP while 53 donations (Rs 19.29 crores) were for the INC.

- A total of 10.03 percent or 2,772 individual donors (Rs 47.12 crores) were made in FY 2017-18 out of which 1,759 individual donors donations (Rs 36.71) were made for BJP and 724 individual donors donations (Rs 7.36 crores) were made for INC.

- The top two donations received by BJP were from Prudent Electoral Trust (Rs 154.30 crores) and Ab General Electoral Trust (Rs 12.50 crores), while the top two donations received by INC were from Prudent Electoral Trust (Rs 10 crores) and Candila Health Care Ltd (Rs 2 crores).

Comments

Other News

Are EVs empowering India`s Green Transition?

Against the backdrop of the $3.5 billion Production-Linked Incentive (PLI) scheme launched by the Government of India, sales of Electric Vehicles (EVs) are expected to grow at a CAGR of 35% by 2032. It is crucial to take into account the fact that 86% of EV sales in India were under the price bracket of $2

When Nandini Satpathy told Biju Patnaik: ‘I’ll sit on the chair you are sitting on’

Nandini Satpathy: The Iron Lady of Orissa By Pallavi Rebbapragada Simon and Schuster India, 321 pages, Rs 765

Elections 2024: 1,351 candidates in fray for Phase 3

As many as 1,351 candidates from 12 states /UTs are contesting elections in Phase 3 of Lok Sabha Elections 2024. The number includes eight contesting candidates for the adjourned poll in 29-Betul (ST) PC of Madhya Pradesh. Additionally, one candidate from Surat PC in Gujarat has been elected unopp

2023-24 net direct tax collections exceed budget estimates by 7.40%

The provisional figures of direct tax collections for the financial year 2023-24 show that net collections are at Rs. 19.58 lakh crore, 17.70% more than Rs. 16.64 lakh crore in 2022-23. The Budget Estimates (BE) for Direct Tax revenue in the Union Budget for FY 2023-24 were fixed at Rs. 18.

‘World’s biggest festival of democracy’ begins

The much-awaited General Elections of 2024, billed as the world’s biggest festival of democracy, began on Friday with Phase 1 of polling in 102 Parliamentary Constituencies (the highest among all seven phases) in 21 States/ UTs and 92 Assembly Constituencies in the State Assembly Elections in Arunach