‘BJP amasses 72% of donations from electoral trusts in 2021-22’

For representational purpose.

  • BJP received Rs 212.05 crore or 82.05 per cent of the total donations from electoral trusts last year
  • Congress party income through electoral trusts less than TRS, SP, AAP, YSRC
  • Out of 89 corporate/business houses making contributions to the tune of 475.80 crore to electoral trusts in FY 2021-22, 62 corporates contributed ₹456.30 crore to Prudent Electoral Trusts.

Power begets money and money begets power. Ever since the BJP came to power at the Centre, the donations to the saffron party has increased manifold.

The BJP received the highest number of donations through electoral trusts in 2021-22, amassing funds to the tune of ₹351.50 crore or 72.17 per cent of the total donations made to political parties, according to a report published by the Association of Democratic Reforms (ADR).

The Congress lagged far behind as compared to parties such as the Telangana Rashtra Samiti (TRS), Samajwadi Party (SP) and the Aam Aadmi Party (AAP).

“BJP received ₹351.50 cr or 72.17% of the total donations received by all political parties from Electoral Trusts. Telangana Rashtra Samiti (now known as Bharat Rashtra Samiti) received ₹40.00 crore or 8.21% of the total donations from all parties from all six Electoral Trusts,” the report said.

Electoral trusts are non-profit organisations formed for political parties to receive contributions from corporate entities and individuals in an orderly manner. The trusts aim at improving transparency in the usage of funds for election-related expenses, reported Hindustan Times.

The ADR publishes annual reports on contributions through electoral trusts. The organization works for strengthening governance and enhancing transparency.

Eight other parties, including the SP, AAP, YSR-Congress, Congress, Shiromani Akali Dal (SAD), Punjab Lok Congress Party, Goa Forward Party, and the Dravida Munnetra Kazhagam (DMK) received a total of ₹95.56 cr collectively, said the ADR.

The leading contributor to the BJP is the Prudent Electoral Trust which donated ₹336.50 cr to the BJP, an increase as compared to ₹209 crore contributed in FY 2020-21. Meanwhile, AB General Electoral Trust and Samaj Electoral Trust donated ₹10 crore and ₹5 crore, respectively, of their total income to the BJP in FY 2021-22, according to the ADR.

The Congress obtained ₹18.44 crore from electoral trusts, while the Samajwadi Party gained ₹27 crore. The AAP and the YSR-Congress received donations of ₹21.12 crore and ₹20 crore, respectively, as per the ADR report.

The Shiromani Akali Dal received ₹7 crore, while the Punjab Lok Congress Party obtained ₹1 crore. The Goa Forward Party and the DMK received ₹50 lakh each through electoral trusts.

Out of 89 corporate/business houses making contributions to the tune of 475.80 crore to electoral trusts in FY 2021-22, 62 corporates contributed ₹456.30 crore to Prudent Electoral Trusts. Meanwhile, two corporates provided ₹10 crore in donations to AB General Electoral Trust while three corporates contributed ₹5 crore to Samaj Electoral Trust.

Arcelor Mittal Nippon Steel India, the steel manufacturing joint venture, contributed the highest amount of ₹70 crore among all donors of the Electoral Trusts, followed closely by an affiliated firm, Arcelor Mittal Design and Engg Centre Pvt Ltd at ₹60 crore. Telecom major Bharti Airtel Limited contributed ₹51 crore to several trusts.

ADR’s analysis of electoral funds in the past year showed that out of all political parties, the BJP received ₹212.05 crore or 82.05 per cent of the total donations from electoral trusts. In 2021-22, the BJP’s share of donations from corporations fell by nearly 10 per cent as compared to FY 2020-21; the funds it received have surged by nearly ₹130 crore, reported HT.

-INDIA NEWS STREAM

NHRC flags ‘deplorable conditions’ of mental healthcare institutions

The National Human Rights Commission (NHRC) has assailed the government-run mental healthcare institutions, saying that they are in “inhuman and deplorable conditions”. In a statement issued on Wednesday, the NHRC...

JD-U chief to give a miss to Bharat Jodo Yatra

Janata Dal (United) president Rajiv Ranjan, alias Lalan Singh is likely to miss culmination of Congress leader Rahul Gandhi’s Bharat Jodo Yatra which is going to end in a week....

You want to send Teesta Setalvad back to custody after 7 years of bail? SC asks CBI, Gujarat govt

The issue pertains to an alleged embezzlement of funds for a museum at Amedabad’s Gulbarg Society The prosecution said that are more than one case against Setalvad and her husband...

After JNU, controversy in Jamia over screening of BBC documentary; 10 detained

Over a dozen students, including members of a left-wing group, were detained by the police and classes were suspended at Delhi's Jamia Millia Islamia on Wednesday after the student groups’...

Chandra Kumar Bose’s loaded statement hints towards his possible shift to Trinamool Congress

Kolkata: Within 48 hours after the country celebrated the 126th birth anniversary of Netaji Subhas Chandra Bose, his grand-nephew Chandra Kumar Bose, despite being the face of BJP in West...

Stung with criticism, AK Antony’s son quits Congress

Thiruvananthapuram: A day after former Defence Minister A.K. Antony's son, Anil Antony's tweets slamming the BBC's controversial documentary on Prime Minister Narendra Modi drew flak, he resigned from his roles...

SP leader Maurya booked for Ramcharitmanas remarks

Lucknow: An FIR has been lodged against Samajwadi Party (SP) MLC Swami Prasad Maurya over his remark on the Ramcharitmanas, an epic poem in Awadhi language by Tulsidas. The FIR...

A K Antony’s son opposes BJP documentary against Modi

The Gujarat riots are back in focus. The BJP has got support from unexpected quarters, Congress leader AK Antony’s son in the ongoing controversy over the BBC documentary, “India: The...

Truth always comes out: Rahul on BBC documentary

Jammu: Rahul Gandhi while reacting to the BBC documentary on Gujarat riots said that truth always comes out and it cannot be suppressed by using the ED and CBI. "The...

BJY succeeded in fighting ‘BJP narrative of hatred’, says Rahul

Jammu : Congress leader Rahul Gandhi on Tuesday said that Bharat Jodo Yatra had largely succeeded in fighting "the narrative of hatred spread by the BJP". Continuing his Yatra from...

Ruckus delays Delhi mayor poll again, MCD House adjourned  

The MCD is due to elect the national capital's first mayor as a whole in a decade The ruckus started when AAP councillor raised objection over voting by nominated members...

Urmila Matondkar welcomes Rahul Gandhi’s BJY on the way to her ‘sasural’

Jammu/Mumbai : Bolstering the Bharat Jodo Yatra (BJY), Shiv Sena (UBT) leader and Bollywood belle Urmila Matondkar turned up in a dazzling Kashmiri attire to accord a warm welcome to...

Read Previous

2 year-old dies in US crash, Indian-origin mother battles for life

Read Next

Four months after exit, Ghulam Nabi Azad likely to return to Congress

Leave a Reply

Your email address will not be published.

WP2Social Auto Publish Powered By : XYZScripts.com