BJP Attracts 16 Times More Donations Than Congress

1. BJP Attracts 16 Times More Donations Than Congress Data from the Election Commission of India (ECI) and Association of Democratic Reforms (ADR) shows the BJP leads on almost all monetary metrics. BJP Attracts 16 Times More Donations Than Congress on BoomLive. Data from the Election Commission of India (ECI) and Association of Democratic Reforms (ADR) shows the BJP leads on almost all monetary metrics.

2. BoomLive News: The Bharatiya Janata Party (BJP) emerged as the richest national political party and as the top choice in terms of attracting funding, according to data released by the Association of Democratic Reforms (ADR). The party recieved 16 times the total donation of the Indian National Congress at 437 crores in FY 2017-2018 and earned five times the income of ₹ the Congress at 1027 crores. ₹ These numbers comes from data released by ADR, a non-profit, monitors political parties’ declarations to the Election Commission of India (ECI), whose reports can be found here and here. Also Read: Viral Pic Takes Line From Mamata Banerjee’s Speech Out Of Context Declaration Regulations of Funding For Political Parties: Political parties utilise their income to cover operational costs and for election expenditure. They are able to raise funds from: • • • Individuals Corporate entities Foreign bodies As per current regulation, political parties are required to report all the donations received above 20,000 to the ECI. ₹ Companies cannot make donations that are more than 7.5% of their net profits, they must be three years old or more since registration and need to declare all donations in their profit and loss statement. Read the ECI Data & ADR reports