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News India Live, Digital Desk: The figures of donations received by Indian political parties have come out, and this time too Bharatiya Janata Party (BJP) Has left all other parties behind. Electoral Trusts BJP has got the largest share in the funding through this, while the main opposition party Congress Looks way behind.
The mathematics of funding: who got how much?
According to data from the Association for Democratic Reforms (ADR) and the Election Commission, the distribution of money received by electoral trusts from corporate houses and big donors was as follows:
Dominance of BJP: total donation approx 82% share It has gone to BJP’s account alone. This figure shows the strong hold of the party and the trust of the corporate world.
Congress position: Despite being the oldest party, Congress has only 7% donation Could only get.
Other regional parties: The remaining 11% is divided between other regional parties and smaller parties.
What is Electoral Trust and how does it work?
Electoral trust is a system through which companies donate to political parties. It was created to maintain transparency so that it can be known which company gave how much money, although it has not been as controversial as electoral bonds.
Why is BJP the choice of the corporate world?
Experts believe that being the ruling party and due to its industrial policies, big corporate houses prefer to give more funds to BJP.
Stability: Companies often support the party whose government is stable.
Business Policies: The impact of the Central Government’s ease of doing business and infrastructure schemes is also visible on funding.
What does this mean for democracy?
The opposition often alleges that such a huge disparity in funding destroys the ‘level playing field’ during election campaigns. The economically stronger party has greater power of publicity and resources.