National News

In 2019 election year, BJP got 465% more funding than Congress

Latest contribution report submitted to the Election Commission says BJP received Rs 785 crore in contributions in the election year of 2019-20 while main opposition Congress received Rs 139 crore

PSU Watch Bureau

New Delhi: The ruling Bhartiya Janta Party (BJP) received over Rs 785 crore in contributions from individuals, electoral trusts and corporates in 2019-20 which is over five times more than what the Congress received during the same period. According to the BJP's latest contribution report submitted to the Election Commission in February and put out in the public domain by the poll panel this week, the party received over Rs 785 crore in contributions.

It is important to note here that these figures are donations above Rs 20,000. Those donations that are less than the threshold have not been included in the report submitted to the commission.

Major contributors for the BJP included electoral trusts, corporates and leaders of the party itself among others. Among the leaders who contributed to the party funds included Piyush Goyal, Pema Khandu, Kirron Kher and Raman Singh.

Talking about the corporate houses, ITC, Kalyan Jewellers, Rare Enterprises, Ambuja Cement, Lodha Developers and Motilal Oswal were some of the prominent corporate houses which contributed to the BJP's kitty. The name of Ambani and Adani does not reflect in the list.

New Democratic Electoral Trust, Prudent Electoral Trust, Jankalyan Electoral Trust and Triumph Electoral Trust also contributed to the BJP's funds.

According to the contribution report of Congress, it received Rs 139 crore as contributions. The Trinamool Congress received Rs 8 crore, while CPI got Rs 1.3 crore. The CPI (M) received Rs 19.7 crore as contributions.

Due to the coronavirus pandemic, the EC has extended the deadline for submission of the annual audit reports for 2019-20 to June 30.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated)

IIFCL in talks with ADB, Korean Exim Bank to raise $600 million

Govt notifies telecom cyber security rules; sets timelines for telcos to report security incidents

Govt invites job applications for PNGRB's Member post

Power Minister visits NHPC’s Nimoo Bazgo Power Station in Ladakh

Delegates from 18 countries attend RBI's policy conference of Global South central banks