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  Metros   Mumbai  28 Dec 2016  National political parties’ donations see 84 per cent dip in 2015-2016

National political parties’ donations see 84 per cent dip in 2015-2016

THE ASIAN AGE. | SHRUTI GANAPATYE
Published : Dec 28, 2016, 6:12 am IST
Updated : Dec 28, 2016, 10:48 am IST

According to the rules, donations above Rs 20,000 have to be declared with the Election Commission.

A total of Rs 76.85 crore was declared by the BJP from 613 donations while Congress declared receiving Rs 20.42 crore from 918 donations.
 A total of Rs 76.85 crore was declared by the BJP from 613 donations while Congress declared receiving Rs 20.42 crore from 918 donations.

Mumbai: National political parties observed an 84-per cent dip in their donations during the year 2015-16, compared to 2014-15 — the year when the general elections were held. The Nationalist Congress Party (NCP) witnessed the highest decrease in funds — 98 per cent. Experts, who have said that this is an obvious trend, have demanded more transparency from the political parties when it comes to receiving donations.  

The data for donations submitted by various political parties to the Election Commission of India has been analysed by Association for Democratic Reforms (ADR) and National Election Watch (NEW). It has also been observed that the Satya Electoral Trust has emerged as the highest donor for the BJP and one of the top donors for Congress — it donated a total of `47 crore to the former and `2 crore to the latter.

A total of Rs 76.85 crore was declared by the BJP from 613 donations while Congress declared receiving Rs 20.42 crore from 918 donations. According to the rules, donations above Rs 20,000 have to be declared with the Election Commission. “The total donations of national parties during FY 2015-16 decreased by Rs 528.67 crores, a decrease of 84 per cent, from the previous financial year.  NCP declared the highest decrease of 98 per cent, from Rs 38.82 crore in FY 2014-15 to Rs 71 lakh in FY 2015- 16,” the ADR/NEW report said.

Tags: donations, ncp, election commission
Location: India, Maharashtra, Mumbai (Bombay)