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The Bharatiya Janata Party (BJP) was the top beneficiary of electoral donations in the financial year 2023-24. Prime Minister Narendra Modi’s party announced 2243.947 crore with 8,358 donations.
Congress chased second place 281.48 crores from the donation of 1994 revealed a new report released by the Association for Democratic Reforms (ADR).
According to the report, the donations announced by the BJP in FY 2023-24 were “more than six times the total” declared by Congress, AAP, NPEP and CPI (M) “.
The ADR report released on Monday analyzed the data of the Election Commission on the above donation 20,000 received by national political parties during the financial year 2023-24.
National parties include BJP, Congress, Bahujan Samaj Party (BSP), Aam Aadmi Party (AAP), The Communist Party of India (Marxist) (CPI (M) and National People’s Party (NPEP).
Take a look at the number and amount of donations declared by national parties for FY 2023-24:
Corporate donation to political parties
ADR report states that maximum (3,755 donations) to national parties were created by corporate/commercial sectors – amount of amount 2262.5 crore (88.9%of total donations).
The BJP received a maximum of total corporate donations. The report revealed, “[As many as] Donations from 3,478 corporate/commercial sectors were made to BJP [ ₹2064.58 crore]While 4,628 individual donors donated 169.126 crore to the party during FY 2023-24. ,
Meanwhile, Congress got total Donation of 190.3 crore from corporate/commercial sectors and 90.899 crore through 1,882 individual donors during FY 2023-24.
According to the report, but 2064.5 crore, BJP “received more than nine times the total amount of corporate donation declared by all other national parties for FY 2023-24”.
Top 10 donor for political parties
The ADR report also released the top 10 donors for national political parties. they are:
1. Conscious Election Trust: Donated this For BJP and Congress, 880 crore is simultaneously and the top donor for maximum donation parties. Trust donated BJP 723.6 crores (32.25%of the total funds received by the party) and Congress (55.56%of the total funds received by the party) 156.4 crores.
2. Vijay Election Trust Donation BJP to 127.50 crores
3. Get investment Donation 50 crores to BJP and 3.2 crore to Congress.
4. Akme Solar Energy Pvt. Limited Donation 51 crores
5. Rungta sons private limited Donation 50 crores
6. India Biotech International Limited Donation 50 crores
7. ITC Infotech India Limited Donation 80 crores
8. Dinesh Chandra R. Aggarwal Infrakon Pvt. Limited Donation 30 crore BJP
9. Dilip Buildcon Limited Donation 29 crores
10. Macrotech developers limited Donation 27 crores
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