The BJP received more than Rs 900 crore as donations from over 1,500 corporates between 2016-18, over 16 times more than what the Congress got in the same period, a new report said on Tuesday.
The Association for Democratic Reforms (ADR) analysed the donations from corporates to national parties said during the period 2016-18.
According to the ADR analysis, during the period 2016-18 business houses donated a total of Rs 985.18 crore, constituting 93 per cent of the total contribution to political parties from known sources.
"Out of the six national parties, BJP received the maximum donations of Rs 915.596 crore from 1,731 corporate donors followed by Congress which received a total contribution of Rs 55.36 crore from 151 corporate donors and NCP with Rs 7.737 crore from 23 corporate donors in financial year 2016-17 and 2017-18," the report said.
It said during financial years 2016-17 and 2017-18, the voluntary contributions of BJP and the Congress above Rs 20,000 from corporates was 94 per cent and 81 per cent respectively.
Between financial years 2012-13 and 2017-18, the BJP received the maximum corporate donations of Rs 1,621.40 crore, constituting 83.49 per cent of the total corporate donations in six years.
The ADR analysis said donations from corporates to national parties increased by 160 per cent between financial years 2004-05 to 2011-12 and financial years 2016-17 to 2017-18.
Between financial years 2012-13 and 2017-18, donations from corporates to national parties increased by 414 per cent, with a major drop in the percentage of corporate donations in financial year 2015-16.
Donations from corporates to national parties reduced by 25.07 per cent between financial year 2016-17 and 2017-18.
The political parties considered for the report were Bharatiya Janata Party (BJP), Congress, Nationalist Congress Party (NCP), Communist Party of India (CPI), CPM and All India Trinamool Congress (AITC).
Though a national party, BSP was not considered for analysis in this report as the party has declared that it received no voluntary contributions above Rs 20,000 from any donor during this period as well as during the time period since 2004, the report said.
The report said CPI had the lowest share of corporate donations at two per cent.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
