BJP corners major donations made by corporate houses

Corporate donors made up over 92 per cent of all donations to political parties

GN Bureau | December 8, 2015



Being a ruling party helps, or it seems so. The Bharatiya Janata Party has declared that it had received Rs. 437 crore in the form of donations in 2014-15. This amount is twice the combined total declared by other national parties, — the Congress, the NCP, the CPI(M), the CPI and the BSP.



Association for Democratic Reforms (ADR) and National Election Watch analysed the mandatory disclosures of donations submitted by political parties to the Election Commission of India came up with these figures.

Corporate donors made up over 92 per cent of all donations to political parties. Donations to the CPI were by means of collection, levy and membership fees.



Bharti Group’s Satya Electoral Trust was the top donor across parties, giving a total of Rs. 132 crore to the BJP, the INC and the NCP; the Trust donated Rs. 107.25 crore to the BJP — a quarter of the total funds received by the party, and another Rs. 18.75 crore to the INC.

The Aditya Birla Group’s General Electoral Trust came next with Rs. 117.30 crore to the BJP and the INC.



Donations to political parties are tax exempt, and under The Representation of the People Act, parties must submit details of all donations of over Rs. 20,000 received by them every year to the ECI.

The BSP has consistently claimed that all the donations it receives are under Rs. 20,000, and as a result, as in previous years, did not submit any information. All parties reported an increase in the donations they received compared to the previous year — the increase was highest in the case of the NCP (177 per cent) and the BJP (156 per cent).



It has been revealed that several donors’ address details and PAN numbers are not submitted by political parties. This year, Rs. 84 lakh of the BJP’s donations came from donors without such details. The Congress, meanwhile, has not submitted cheque numbers for donations that amount to nearly 98 per cent of all donations over Rs. 20,000.

Comments

 

Other News

To understand Modi saga, look at the Vaghela story

Back in the early 1990s, Shankarsinh Vaghela was (or at least perceived to be) more popular of the two people running the BJP show in Gujarat. Today, the other man is the prime minister, and Vaghela is reduced to a footnote – albeit an important one – in the Narendra Modi saga. &n

‘Not just Muslims, everyone is in fear and awe of Yogi Adityanath’

At 70, Dr Aziz Ahmad, a well-known homeopath and politician now with Congress, still has a busy practice in Abu Bazaar, in old Gorakhpur. During working hours, the lane in which he has a clinic becomes jam-packed with patients and their vehicles. People speak of naming the lane after him.

Is poor quality food served on trains?

Is poor quality food served on trains?

Nod to strategic disinvestment of BEML

The government has given ‘in-principle’ approval for strategic disinvestment of BEML Ltd to the extent of 26% of government shareholding with transfer of management control to strategic buyer, minister of state for defence Subhash Bhamre informed the  Lok Sabha on Friday. &nb

Holistic treatment of mentally ill patients

As many as 50 million people suffer from mental illnesses in India – only 10% people with common mental disorders and only 40%-50% people with serious disorders like schizophrenia and bipolar disorder; receive any form of health care.

Online payments, now a phone call away

A project worth Rs 1,000 crore by the department of post will serve as a shot in the arm for financial inclusion in the country. The department, say officials aware of the matter, has zeroed in on the US-based Hewlett Packard (HP) to set up the technology infrastructure for its countrywide rollout of a pay





Video

किरण बेदी को बनाया हिटलर

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter