Skip to main content
Source
World Customer Guide
https://worldcustomerguide.com/in-comparison-to-the-previous-year-monetary-contributions-to-national-parties-fell-by-41-49-percent-in-2020-21/
Date

The total amount of money that was given to the BJP dropped from 785.77 crore in the fiscal year 2019-20 to 477.54 crore in the fiscal year 2020-21, which represents a loss of 39.23 percent. This is a decrease from the previous year’s total of 785.77 crore, which was reported.

New Delhi: A poll reform advocacy organisation made their statement public on Thursday, and according to their report, the donations that recognised national parties received during the fiscal year 2020-21 decreased by more than 420 crore, which is a significant drop of 41.49 percent when compared to the donations that they received during the fiscal year that came before it. This information was presented at New Delhi. This information was distributed to the public in the form of a statement that was issued by the organisation.

The initial case of COVID was discovered before to the month of March 2020’s conclusion, which was only a little period of time before the beginning of the new fiscal year. As a direct response to the outbreak that had transpired previously, lockdowns were implemented over the rest of the country.

The total amount of money that was given to the BJP dropped from 785.77 crore in the fiscal year 2019-20 to 477.54 crore in the fiscal year 2020-21, which represents a loss of 39.23 percent. The sum of 785.77 crore that was reported the previous year is significantly more than this amount, which is lower. The overall amount of money that was granted to the party during the fiscal year 2019-20 was 5.88 percent more than the amount that was supplied during the fiscal year 2018-19, as stated in a statement that was made by the Association for Democratic Reforms (ADR).

The amount of money that was provided to the Congress had a significant reduction, falling from 139.016 crore during the fiscal year 2019-20 to 74.524 crore during the fiscal year 2020-21, representing a loss of 46.39 percent.

According to the statement, between FY 2018-19 and FY 2019-20, the amount of money provided to the organisation decreased by 6.44 percentage points, leaving the organisation in a position where it received less money overall.

The largest sums of money, totaling over 246 billion Indian rupees, were donated to national parties in the capital city of Delhi. This number was higher than any other state’s total. Residents of Delhi contributed the most money, making theirs the most numerous overall. The sums that the states of Maharashtra and Gujarat gave were respectively greater than 71.68 crore and greater than 47 crore.

According to the findings of the study, donations totaling Rs 37,912 crore (6.39 percent of the total received by the national parties in FY 2020-21) were unable to be assigned to any state or union territory because the national parties either did not disclose enough information or did not provide sufficient information. This was the case because the national parties either did not provide sufficient information or did not disclose enough information.

Parties that are a part of the Indian National Congress include the National People’s Party (NPP), the Bharatiya Janata Party (BJP), the Bahujan Samaj Party (BSP), the Communist Party of India and its Marxist offshoot, the Communist Party of India-Marxist (CPI-M), the National Communist Party (NCP), and the Trinamool Congress (TMC) (INC).

Donations to national parties amounted to a combined total of Rs 480.655 crore during the financial year 2020-21. These donations came from corporations and other organisations. This amount has been converted to the currency of rupees. The aggregate value of all of these presents was 1,398. More than eighty percent of the total gifts that were made were as a result of this. The total amount that was contributed by people amounted to 111.65 crore rupees, while the number of donations made by individuals reached a total of 2,258. This accounted for 18.804 percent of the total amount of money that was contributed.

The Bharatiya Janata Party (BJP) received over 1,100 donations from firms and corporations in the amount of 416.794 billion rupees during the fiscal year 2020-21, while 1,071 individual contributors gave the party a total of 60.37 billion rupees. As a result of all of these gifts combined, the total funding for the party came to 416.794 billion rupees.

The Congress organisation received a total of Rs 35.89 crore in the form of 146 donations from the business sector during the fiscal year 2020-21. Additionally, the Congress organisation received Rs 38.634 crore in the form of 931 individual donors. These donations brought the total amount provided by these gifts to the Congress organisation to 35.89 billion rupees. These contributions were donated at a number of different times during the course of the year.