BJP Received Over Rs 700 Crore in 2018-19, Rs 356 Crore Came From Tata Trust Alone

The Logical Indian Crew India

November 14th, 2019 / 2:19 PM

BJP Tata Trusts

Image Credits: Jagran

The Bharatiya Janata Party(BJP) raised over Rs 700 crore in 2018-2019, in the run-up to the Lok Sabha elections. Out of this, Rs 356 crore were contributed by Tata Group-backed Progressive Electoral Trust. The revelations came to light after the Election Commission of India(ECI) on Monday, November 11, published the annual contribution reports by the political parties.

The documents submitted pertained to donations of Rs 20,000 and above that was received by the parties through cheques or online payments. BJP had received a total contribution of Rs 741.98 crore in 2018-19 while in 2017-18 it received Rs 437.69 crore. 

Meanwhile, Congress raised Rs 146.8 crore in 2018-19, while they had received only Rs 26.66 crore in 2017-18. With a contribution of Rs 55 crore, Progressive Electoral Trust was also the largest contributor to Congress, reported The Times Of India. 

As per the documents submitted by the political parties, the corporate contributions to BJP via trusts went upto Rs 472 crores in 2018-19 from Rs 167 crore in 2017-18. While for Congress it went up from Rs 12 crore in 2017-18, to Rs 99 crore in 2018-19.

The second biggest contributor was Prudent Electoral Trust, backed by top corporate houses like Bharti Airtel Group, Hero MotoCorp, Jubilant Foodworks, Orient Cement, and DLF among others. It paid Rs 67.25 crore to the BJP in 2018-19, from Rs 154 crore in 2017-18. The trust’s contribution to Congress went up from Rs 10 crore in 2017-18 to Rs 39 crore in 2018-19.

Meanwhile, Shiv Sena declared 130.6 crores, TDP Rs 26.2 crore, and YSR Congress Party, Rs 80.6 crore for 2018-19.

As per the election code, it is mandatory for the political parties to disclose all donations received in a financial year. However, the parties have not yet declared the donations received through electoral bonds in the last fiscal year.

Also Read: “Cannot Say Bharat Mata Ki Jai, Are You From Pakistan?” Haryana BJP Candidate Sparks Controversy


Contributors

Written by : Reethu Ravi

Edited by : Shubhendu Deshmukh

Related Stories

BJP Terror Funding Electoral Bonds

BJP Received Donation From Companies Probed For Alleged Links With Terror Funding

Corporate Donations

BJP Received Rs 916 Crore & Congress Rs 55 Crore From Corporate Donors In 2016-18

BJP Electoral Trusts

BJP Biggest Beneficiary, Received 87% Of All Donations By Electoral Trusts In 2017-18: ADR Report

BJP Alone Received 90.31% Of The Total Donations To National Parties Above Rs 20,000: ADR Report

Both Congress & BJP Received Funding From Sterlite’s UK-Based Owner Vedanta

Bhushan Steel Limited Emerges Out Of Bankruptcy As Tata Steel Takes Over

Latest on The Logical Indian

News

Supreme Court Orders Judicial Inquiry Into Hyderabad Encounter

News

Explained: All You Need To Know About Personal Data Protection Bill, 2019

Fact Check

Fact Check: The Woman In This Viral Video Is Not The Hyderabad Gang-Rape, Murder Victim

News

‘Don’t Promote Anti-National Attitudes’: I&B Ministry’s Gag Order To TV Channels After Passage Of Citizenship Amendment Bill

Environment

Oxygen Levels In Oceans Around World Declined By 2% Between 1960-2010: Study

Fact Check

Fact Check: Did Manmohan Singh Support The Citizenship (Amendment) Bill, 2019 Earlier?

x

Stories that deserve attention, delivered to your inbox!

Handpicked, newsworthy stories which deserve the attention of a rational generation.