Corporate Donated Rs 706 crore to BJP, says ADR report

Corporate Donated Rs 706 crore to BJP, says ADR report

C Times, 18 August 2017, Agartala

The five national parties received a total of Rs 1,070.66 crore via voluntary contributions between 2012-13 and 2015-16 financial year. Of this, 89% or Rs 986.77 crore, the contribution was from known sources, according to the Association for Democratic Reforms (ADR).

The BJP received the lion’s share Rs 705.81 crore of Rs 986.77 crore that corporate houses donated to five national parties between 2012-13 and 2015-16 financial year.

The party, which swept to power in 2014, got Rs 705.81 crore from Rs 2,987 corporate donors followed by the Congress was the next big beneficiary, getting 198.16 crores from 167 business houses, according to the ADR.

Five national political parties considered for the report were the BJP, Congress, Nationalist Congress Party (NCP), CPI and CPM.

As per the records, the Mayawati-led BSP did not receive any donation of above 20,000 during 2012-13 and 2015-16 financial year.

The CPI got the least amount of donations from the corporate sector, receiving only 18 lakh from 17 donors, which accounted for just 4 percent of its total donations.

The BJP, the Congress, and the NCP received the maximum contributions from the ‘trusts and group of companies’ category, which included entities with interests in mining, real estate, power, newspapers and other businesses.

This category of corporate/business houses donated 432.65 core to political parties between 2012-13 and 2015-16 financial year, says the report.

While the BJP received 287.69 crores, the Congress got 129.16 crores and the NCP 15.78 crore.

The BJP received the highest donations from all the 14 sectors, as defined by the ADR, including real estate 105.20, mining, construction, exports/imports 83.56 crore and chemicals/pharmaceuticals 31.94 crores.

Political parties are every year required to submit details of donors who made donations of more than 20,000 in a financial year to the Election Commission. They have to provide the donor’s name, address, PAN, mode of payment and the amount contributed.

“Between 2012-13 and 2015-16 financial year, BJP’s voluntary contributions above 20,000 from corporate/business houses was 92% and INC’s voluntary contributions were 85%, respectively,” the report said.

The CPI and CPM parties had the lowest share of corporate donations. On this financial year, CPI received 14.64 lakh from 15 associations and unions, while the CPI (M) got 1.09 crore from seven associations, the ADR report said.

National parties received the maximum corporate donations in the 2014-15 financial year, during which Lok Sabha elections were held, according to the ADR report.

In 1,933 donations involving 384.04 crores, PAN details were not mentioned. Address details were missing for 355.08 crores received through 1,546 donations.

According to the ADR report, “99% of such donations without PAN and address details worth 159.59 crores belong to the BJP.”

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