Bharatiya Janata Party (BJP) reported contributions amounting to Rs 2,244 crore in 2023-24, a sharp increase compared to Rs 700 crore in the previous fiscal year, reported TOI. In contrast, the Congress party received Rs 288.9 crore during the same period, up from Rs 79.9 crore in 2022-23, as per the TOI report. These figures are based on the contribution reports submitted to the Election Commission (EC), which are now publicly available.
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A significant portion of the contributions to both BJP and Congress came through Prudent Electoral Trust. The BJP received Rs 723.6 crore from this trust, which also donated Rs 156.4 crore to Congress. Notably, Prudent Electoral Trust accounted for about one-third of BJP’s total declared contributions and more than half of Congress’s inflow.
The trust’s major donors in 2022-23 included prominent names like Megha Engineering & Infrastructure Ltd, Serum Institute of India, ArcelorMittal, and Bharti Airtel. However, the list of donors for 2023-24 has yet to be disclosed.
Regional parties have also declared contributions through electoral bonds and other means in their 2023-24 reports. The Bharat Rashtra Samithi (BRS) reported receiving Rs 495.5 crore via electoral bonds, while the DMK collected Rs 60 crore and the YSR Congress Rs 121.5 crore through
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