Source: 
newsroompost.com
Date: 
25.06.2014
City: 
New Delhi

NEW DELHI: 703 donors to political parties are not declared in the donation statement despite them making a contribution of Rs 11.14 crore. The Association for Democratic Reforms in its analysis for 2012-13‎ says that the‎ BSP declared that the party received no donations above Rs 20,000 during FY 2012-13 as it had declared since FY 2004-05‎.

The total income of National Parties for FY 2012-13 was Rs. 991.20 crores. INC declared the highest total income of Rs. 425.69 crores, followed by BJP with Rs. 324.16 crores and BSP with a declared total income of Rs. 87.63 crores. NCP a declared total income of Rs. 26.56 crores, CPI, Rs. 1.07 crores and CPM declared a total income of Rs. 126.09 crores for FY 2012-13.

The total amount of donations received above Rs 20,000 by National Political parties during FY 2012-13 is calculated from the donations report submitted to the Election Commission annually. The total donations above Rs 20,000 declared was Rs. 99.14 crores, from 3777 donors.

INC: Torrent Power Ltd donated the maximum amount (Rs 3.50 crores) followed by Torrent Pharmaceuticals (Rs 1.50 crores) and Hyderabad Industries Ltd (HIL) (Rs 50 lakhs).

BJP: General Electoral Trust of the Aditya Birla Group donated the maximum amount (Rs 7.50 crores) followed by Lodha Dwellers Pvt Ltd (Rs 6.99 crores) and Torrent Power (Rs 6.57 crores).

CPI and CPM: CPI received a total of Rs 4.21 lakhs from organizations such as Bhartiya Khet Mazdoor Union and while CPM received a total of Rs 1.43 crores from 29 corporate/ business houses

Undeclared Donors:

The names and addresses of a total of 43 donors who contributed Rs 29 lakhs to the National Parties is undeclared in the statements submitted by the parties. Thus, these donations above Rs 20,000 cannot be traced to any individual, organization or trust.

Similarly, the addresses of a total of 655 donors contributing Rs 10.84 crores to the National Parties have been left undeclared in the statements submitted by the parties.

Corporate/ business sector tops the list of contributions with 72% or Rs 70.97 crores to the National Parties followed by individual donations with 17% or Rs 17.01 crores. It is to be noted that 11% or Rs 11.14 crores was donated by those donors who cannot be traced by name or address.

A total of 2371 out of 3775 donors (or 63%) contributing Rs 37.64 crores to the National Parties have not declared their PAN details in the contribution form. BJP has listed the maximum number of donors (1670) who have not declared their PAN while contributing a maximum of Rs 25.99 crores.

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