BJP got Rs 3,967 crore in donations in 2023-24, up 87%; share of poll bonds dipped to 43%

According to the report, the BJP got Rs 1,685.62 crore successful the signifier of electoral bonds, oregon 43% of its full contributions. In 2022-2023, the enactment had got Rs 1,294.14 crore successful the signifier of electoral bonds, forming 61% of the full contributions.

In February past year, the electoral enslaved strategy was scrapped by the Supreme Court, which held it unconstitutional.

As expected for a Lok Sabha predetermination year, the BJP’s expenditure connected election/ wide propaganda accrued from Rs 1,092.15 crore successful the erstwhile twelvemonth to Rs 1,754.06 crore, the study showed. Of that, Rs 591.39 crore was spent connected advertisements and publicity.

While the Congress was a distant 2nd to the BJP successful presumption of donations, it saw a higher spike successful contributions successful the predetermination year. The Congress’s yearly study showed that the party’s grants/ donations/ contributions accrued 320% from Rs 268.62 crore successful 2022-2023 to Rs 1,129.66 crore successful 2023-2024.

Electoral bonds accounted for 73% of the full donations to the enactment astatine Rs 828.36 crore, a leap from Rs 171.02 crore successful 2022-2023. Election expenditure by the Congress accrued to Rs 619.67 crore, from Rs 192.55 crore the erstwhile year.

With the Supreme Court scrapping the electoral enslaved strategy conscionable up of the Lok Sabha elections, 2023-2024 was the past fiscal twelvemonth successful which parties could avail of the anonymous funding. The BJP was the biggest beneficiary of the scheme, getting astir fractional of the full electoral bonds sold from April 2019 till the strategy was scrapped (Rs 6,060 crore), followed by the Trinamool Congress (Rs 1,609.53 crore) and the Congress (Rs 1,421.87 crore).

As per the TMC’s yearly audit study for 2023-2024, which was published by the EC past week, the party’s income accrued to Rs 646.39 crore from Rs 333.46 crore the erstwhile year. Electoral bonds accounted for astir 95% of its income.