News BJP Received Rs 705.81 Crore Corporate Donation, Says ADR Report

BJP Received Rs 705.81 Crore Corporate Donation, Says ADR Report

Corporate houses overwhelmingly favored the Bharatiya Janata Party during the last five years. The Association for Democratic Reforms (ADR) published a report on Thursday, according to which Business houses donated a total of Rs 956.77 crore to five national parties between 2012-13 and 2015-16. BJP received the most corporate donations at more than Rs 705 crore.

BJP Received Rs 705.81 Crore Corporate Donation
Source: Business Insider

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The five national parties which were considered for the report are Congress, BJP, NCP, CPM and CPI.

Almost 2,987 corporate donors donated to Bharatiya Janata Party. On the other hand, Congress that received Rs 198.16 crore from 167 business houses.

Interestingly, The Mayawati-led BSP was not considered for this report as the party has declared that it had received no voluntary contributions above Rs 20,000 between 2012-13 and 2015-16.

Communist party of India (Marxist) received 1.89 crores from 45 donors while CPI received Rs 0.18 crore from 17 donors.

According to the News18.com, the ADR report said: “Between 2012-13 and 2015-16, five national parties received a total of Rs 1,070.68 crore via voluntary contributions above Rs 20,000 out of which 89 per cent of Rs 956.77 crore was from corporates/business houses.”

BJP Received Rs 705.81 Crore Corporate Donation
Source: National Herald

It further added: “Between 2012-13 and 2015-16, BJP’s and INC’s voluntary contributions above Rs 20,000 from corporate/business houses was 92 per cent and 85 per cent, respectively.”

During the first phase 2012-13, real estate sector was the biggest donor to the national parties. The sector almost contributed Rs 16.95 crore. Other sectors include manufacturing, mining, oil and power, export/import and construction.

BJP received Rs 105.20 crore from real estate, Rs 83.56 crore from construction, mining, and import/export and Rs 31.94 crore from chemicals/pharmaceuticals.

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