BJP tops list of national parties with highest donation in FY24. This is how much it got
BJP’s declared donations alone accounted for 88 per cent of the total while Congress came a distant second with Rs 281.48 crore from 1,994 donations, according to ADR
New Delhi: The BJP received the highest amount in large donations among national parties in the financial year 2023-24, with over Rs 2,243 crore declared from 8,358 donations, according to a report by poll rights body the Association for Democratic Reforms (ADR).
The report, based on data submitted to the Election Commission, highlighted trends in political donations above Rs 20,000.
The total declared donations to national parties stood at Rs 2,544.28 crore from 12,547 contributions — a sharp 199 per cent increase compared to the previous year.
BJP’s declared donations alone accounted for 88 per cent of the total. The Congress was a very distant second with Rs 281.48 crore from 1,994 donations.
The Aam Aadmi Party (AAP), Communist Party of India (Marxist), and National People’s Party (NPEP) reported smaller amounts, while the Bahujan Samaj Party (BSP) once again declared zero donations above the Rs 20,000 threshold, consistent with its filings for the past 18 years.
Big Jump for BJP
Donations to the BJP increased from Rs 719.858 crore in FY 2022-23 to Rs 2,243.94 crore in FY 2023-24, marking a 211.72 per cent increase. Similarly, donations to the Congress rose from Rs 79.924 crore in FY 2022-23 to Rs 281.48 crore in FY 2023-24, reflecting a 252.18 per cent increase, the report said.
Over the same period, donations declared by AAP decreased by 70.18 per cent or Rs 26.038 crore, while donations declared by the NPEP decreased by 98.02 per cent or Rs 7.331 crore, it said
Despite the ECI’s deadline of September 30, 2024, only the BSP and AAP submitted their contribution reports on time. The BJP submitted its report with a 42-day delay, followed by the CPI(M), INC, and NPEP, which submitted it 43, 27, and 23 days late.
The report said 3,755 donations to the national parties were made by corporate/business sectors amounting to Rs 2,262.55 crore (88.92 per cent of total donations), while 8,493 individual donors donated Rs 270.872 crore (10.64 per cent of total donations) in FY 2023-24.
The report said that 3,478 of these donations were made to the BJP (Rs 2,064.58 crore). The party received Rs 169.126 crore through 4,628 individual donors in FY 2023-24.
“The Congress received a total of Rs 190.3263 cr via 102 donations from corporate/business sectors and Rs 90.899 crore via 1,882 individual donors during FY 2023-24,” it said.
The ADR said the BJP at Rs 2,064.58 crore received more than nine times the total amount (Rs 197.97 crore) of all corporate donations declared by all other national parties for FY 2023-24.
Prudent Electoral Trust donated a total of Rs 880 crore to the BJP and the INC together and is the top donor to parties that received the maximum donations. The Trust donated Rs 723.675 crore to the BJP (32.25 per cent of total funds received by the party) and Rs 156.4025 crore to the INC (55.56 per cent of total funds received by the party).
Triumph Electoral Trust donated Rs 127.50 crore in four donations to the BJP, and Derive Investments donated Rs 50 crore to it and Rs 3.20 crore to the Congress. Acme Solar Energy Pvt Ltd donated Rs 51 crore through five donations, Bharat Biotech International Limited donated Rs 50 crore in a single donation, Rungta Sons Private Limited donated Rs 50 crore through a single donation, and Dinesh Chandra R Agarwal Infracon Pvt Ltd donated Rs 30 crore through a single donation to BJP in FY 2023-24, the report said.
The ADR observed that Prudent Electoral Trust’s report declared contributing 31 donations worth Rs 723.78 crore to BJP, however, the party in its report declared receiving 30 donations worth Rs 723.675 crore.
According to the Jaybharath Electoral Trust report for FY 2023-24, it donated Rs 5 crore to the BJP. However, the contribution report of BJP for the same financial year does not mention this contribution, ADR said.
ADR recommended stringent enforcement of disclosure norms, including the rejection of incomplete reports and mandatory PAN details for all donations above Rs 20,000.
It also called for annual scrutiny of party donation reports by the Central Board of Direct Taxes (CBDT) and advocated for making donor details publicly accessible under the Right to Information Act.
It urged the Election Commission to publish information on action taken against parties failing to meet disclosure standards and pushed for the creation of an online platform to track report submissions and transparency.
