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

Repo rate cut by 25 basis points to 6.25%

The Reserve Bank of India has, for the first time in five years, reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.25% with immediate effect. Consequently, the standing deposit facility (SDF) rate will stand adjusted to 6.00% and the marginal

Amitav Ghosh’s new work: Connections between the word and the world

Wild Fictions: Essays By Amitav Ghosh HarperCollins, 496 pages, Rs 799.00 Amitav Ghosh, one of a handful of Ind

How markets can help (and also hinder) fight against pollution

In the annals of environmental policy, few ideas have been as transformative as the Emissions Trading System (ETS). Born from the minds of economists in the late 1960s, this market-based approach to pollution control has evolved from a theoretical concept to a global tool in the fight against climate chang

Will Bihar complement the resolution of Viksit Bharat 2047?

As India completes its diamond jubilee as a republic, I am reminded of a statement by Dr. A.P.J. Abdul Kalam, delivered during an address to the Bihar Chamber of Commerce in Patna on March 28, 2006. He said, “I have visited Bihar numerous times, and it has always been a source of happiness for me to

All you wanted to know about Budget: Key Highlights

Here are the key highlights of the proposal of the Union Budget presented in parliament by finance minister Nirmala Sitharaman on Satuday: NO INCOME TAX ON AVERAGE MONTHLY INCOME OF UPTO RS 1 LAKH; TO BOOST MIDDLE CLASS HOUSEHOLD SAVINGS & CONSUMPTION BENEFITTING

Four engines of development: Agriculture, MSME, investment & exports

Union minister of finance and corporate affairs Nirmala Sitharaman presented the Union Budget 2025-26 in Parliament on Saturday. Here is the summary of her budget speech, Part A: Quoting Telugu poet and playwright Shri Gurajada Appa Rao’s famous saying, ‘A country is not just its