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Corporate donations to BJP

A total of Rs 956.77 crore was donated by all corporate/business houses to five national parties during this period, the report said, noting that while the BJP was the highest recipient, the Congress was a distant second with Rs 198.16 crore from 167 corporate donors.

Out of the 5 National Parties, BJP received the maximum donations of Rs 705.81 cr from 2987 corporate donors followed by Congress  which received a total contribution of Rs 198.16 cr from 167 corporate donors.

Between Financial years,  2012-13 and 2015-16 ( a four year period),BJP’s and INC’s voluntary contributions above Rs 20,000 from corporate/business houses is 92% and 85% respectively. CPI and CPM have the lowest share of corporate donations at 4% and 17% respectively.

This are the figures released by a report by election watch body, Association for Democratic Reforms (ADR) on Thursday.

No PAN details

The report also disclosed that a total of 1,933 donations through which national parties received Rs 384.04 crore do not have PAN details in the contribution form. Also, the parties have received Rs 355.08 crore from 1,546 donations that do not have address details in the contribution form.

Interestingly, 99 per cent of such donations without PAN and address details worth Rs 159.59 crore went to the BJP.

Maximum  donations in election year,2014

The national parties received the highest number of corporate donations in 2014-15, during which Lok Sabha elections were held, at 60 per cent of the total donations of the four years.

Satya Electoral Trust emerged as the top donor to three national parties between FY 2012-13 and 2015-16 with a total donations of Rs 260.87 crore. The BJP declared receiving Rs 193.62 crore from the Trust, while the Congress got Rs 57.25 crore. The NCP got Rs 10 crore from it during the same period.

Trusts and Groups of Companies with varied interests in mining, real estate, power, newspapers etc donated the highest amount of Rs 419.69 crore in their period. The manufacturing sector was the second highest overall contributor, contributing a total of Rs 123.67 crore, the report revealed.

 

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