1. BJP is darling of corporates, shows ADR report; party gets Rs 705 crore donation in four years

BJP is darling of corporates, shows ADR report; party gets Rs 705 crore donation in four years

ADR report shows BJP received major chunk of the total donations from corporate/business houses received by national political parties between FY 2012-13 and 2015-16.

By: | New Delhi | Updated: August 17, 2017 7:04 PM
bjp, bjp corporate donations, corporate donations to bjp, corporate donation to saffron party, political donations, election commission, association for democratic report, adr, adr report on corporate donations, election in india, bjp news BJP claims to be the largest political party in India. (File photo/Twitter)

The opposition, especially Congress vice-president Rahul Gandhi and Delhi CM Arvind Kejriwal, have often alleged that BJP is a party that works more for the corporates than the downtrodden. Well, we don’t know how true are their allegations but we do know now something that shows corporates love the saffron party more than any other national party. A report by the Association for Democratic Reform has revealed that BJP received the major chunk of the total donations from corporate/business houses received by national political parties between FY 2012-13 and 2015-16.

It says the total amount received by five national parties between these years was Rs 956.77 crore. Out of this, the BJP received Rs 705.81 crore from 2987 donors, while the Congress received Rs 198.16 crore from 167 corporate/business houses. The NCP received Rs 50.73 crore from 50 donors, while the CPM and CPI received just Rs 1.89 crore and Rs 0.18 crore from 45 and 17 donors respectively.

Between the two financial years, the voluntary contributors above Rs 20,000 from corporate/business houses for BJP and Congress was 92% and 85% respectively. The CPI and CPM had the lowest share of corporate donations at 4% and 17% respectively. The report didn’t consider Mayawati’s BSP as the party declared it didn’t receive any voluntary contribution above Rs 20,000 from any donor between the financial years.

According to the report, national parties received maximum corporate donations between in FY 2014-15, during which the General Elections were held. It says the corporate donations received in FY 2014-15 alone formed 60% of the total corporate donations received between FY2012-13 and 2015-16.

Between FY 2014-15 and 2015-16, corporate donations to political parties reduced by 86.58%.

Top corporate donors:

Satya Electoral Trust was the top donor to three of the National Parties between FY 2012-13 and 2015-16. It donated Rs Rs 192.6 crore to BJP, Rs 57.25 crore to Congress and Rs 10 crore for NCP.

General Electoral Trust donated Rs 70.7 crore to BJP and Rs 54.1 crore between FY 2012-13 and 2015-16. The Electoral Trust Scheme was launched by the Government in 2013.

As per rules, political parties have to provide details of donors who have made donations above Rs 20,000 in a financial year (April 1- March 31) to the Election Commission of India, every year.

  1. S
    shivank kapur
    Aug 18, 2017 at 4:23 pm
    yes of course we dont know if we work for the benefit of someone who donates crores. there is absolutely no conflict of interest whatsoever in the one affected by laws donating to the one making the laws that affect the donor
    Reply
    1. P
      P David
      Aug 18, 2017 at 3:54 pm
      Corporates business is to buy what is sold. There is nothing called business friendly just like there is nothing called poor friendly. Corporates don't donate, they invest. Right Investment can yield a friendly environment for some corporates.
      Reply
      1. A
        Azeem khan
        Aug 18, 2017 at 2:44 pm
        Ahhh this is obvious , corporate houses have nexus with this party , everybody knew it , now it open and proved All policies of the government in favour of corporate houses , they are snatching money from poor and middle class and gave it to them , in return they recieve donations
        Reply
        1. S
          Shubham yadav
          Aug 18, 2017 at 1:25 pm
          Still they not able to pay for the oxygen for poors, as they need this money to buy other Ministers. BJP should start an open market for this. Soon they will trade our country and we'd be watching it happening, helpless.
          Reply
          1. A
            Akhil
            Aug 18, 2017 at 11:12 am
            They favor them so obviously they will charge their fees of being a indian political hooker. All political parties do that . Be it any congress or AAP . BJP is the baap of all hookers. Rest are small hookers. 😄
            Reply
            1. S
              Srikanth
              Aug 18, 2017 at 10:55 am
              If corporates are donating it's because they see this government being pro business .. there is no correlation between being business friendly and anti poor .. looks like this is a congress supporting magazine or author
              Reply
              1. R
                Rizwan
                Aug 19, 2017 at 1:37 am
                Alright, but how difficult it is for them to allocate 65 lacs for oxygen which could have saved roughly 75 innocent lives???
                Reply
              2. Load More Comments

              Go to Top