In FY 2019-20, when the Lok Sabha elections were conducted, political parties received over ₹920 crore in the form of corporate donations, according to a report by the Association for Democratic Reforms. The report analysed corporate donations to five national parties: the Bharatiya Janata Party (BJP), Indian National Congress (INC), All India Trinamool Congress (AITC), Nationalist Congress Party (NCP), and Communist Party of India (Marxist) (CPM). The BJP was the biggest recipient of corporate donations made in FY20 followed by the INC and NCP. Prudent Electoral Trust was the top contributor to the BJP and INC followed by Jankalyan Electoral Trust and ITC Limited. It is to be noted that donations through electoral bonds still constitute the lion’s share in the total income of the BJP and INC
- Electoral bonds form the highest share in the total income of three national parties — the BJP, the INC and the AITC
- Corporate donations formed a major chunk of the NCP’s total income
- The top donor for the two national parties (BJP and INC), Prudent Electoral Trust, donated a total of ₹248 crore in FY 20
Highest in years
The chart shows the year-wise corporate donations (in ₹ crore) to five national parties. National parties received over ₹920 crore from corporates in FY20, the highest in at least the past eight years
Corporate donations in FY 20 constituted 91% of the total contribution to political parties from known sources. Known sources are donations above ₹20,000, whose donor details are available with the Election Commission of India
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Party-wise share
The chart shows the total corporate donations received by the five national parties in FY 20. The amount donated to the BJP, the highest recipient of corporate donations, was ₹720 crore
Note: The Bahujan Samaj Party was not considered in the analysis as the party declared that it received no voluntary contributions above ₹20,000 from any donor during this period. The Communist Party of India did not declare any income from corporates for FY 2019-20
Corporate spenders
The chart shows the top three corporate donors of national parties. Prudent Electoral Trust was the top donor for the BJP and INC
Income mix
The chart shows the share of corporate donations, electoral bonds, and other sources in the total income of seven national parties
Source : Association for Democratic Reforms
