CORPORATE DONATIONS TO POLITICAL PARTIES: Funding is done every year to political parties. The report of which also comes out every year. One such report has come out. In which it has been revealed that, this time which party has been donated the most by whom. The report revealed that corporates and business houses donated ₹921.95 crore to national parties in the financial year 2019-20, of which BJP got ₹720.407 crore. A non-profit working to bring transparency in electoral politics An analysis by the government organization Association for Democratic Reforms (ADR) said that between the financial years 2017-18 and 2018-19, there has been a 109 percent increase in donations from corporates to national parties. The analysis was done on the basis of the details given by the parties to the Election Commission of India of the donors who have contributed more than 20,000 in 2014.
The five parties whose donations were analyzed included the Bharatiya Janata Party, the Indian National Congress, the Nationalist Congress Party, the All India Trinamool Congress and the Communist Party of India-Marxist. According to the report, out of the five national parties, BJP received the maximum donations of Rs 720,407 crore from 2,025 corporate donors during the financial year 2019-20, followed by INC with a total of Rs 133.04 crore from 154 donors. and NCP received 57.086 crore from 36 corporate donors, with
The CPM announced no income from corporate donations for 2019-20. He said in the report that the Prudent Electoral Trust was the largest donor to the BJP and Congress in 2019-20. The trust donated 38 times to both the parties in a single year, totaling 247.75 crores.
It said, BJP announced to receive Rs 216.75 crore and Congress Rs 31.00 crore from Prudent Electoral Trust. At the same time, BG Shirke Construction Technology Pvt Ltd was the top donor to NCP in 2019-20. During the period 2012-13 to 2019-20, national parties have received maximum corporate donation of Rs.921.95 crore in 2019-20.2019-20 Corporate donations received in the U.S. accounted for 24.62 percent of the total corporate donations made between 2012-13 and 2019-20. There was an increase of 1,024 percent in donations.
In the financial year 2019-20, out of total ₹921.95 crore given by corporate/business houses to five national parties, ₹22.312 crore was received from different category, which includes companies whose details are not available online.2019- During the 1920s, electoral trusts were the largest donors to national parties, contributing a total of ₹397.82 crore.
During 2019-20, BJP, Congress, AITC and NCP received maximum contribution from electoral trusts. BJP got the highest Rs 323.32 crore, followed by Congress at Rs 71.00 crore, AITC Rs 2.00 crore and NCP Rs 1.50 crore. There have been some shocking revelations in this report.
