New Delhi: The BJP continues to see a rapid increase in its party funds even after the Supreme Court’s February 2024 ban on electoral bonds. Contrary to expectations of a slowdown, the party received over ₹3,577 crore in donations during the 2024-25 financial year, primarily through Electoral Trusts (ETs).
Electoral Trusts Step Up
In 2023-24, BJP received a total of ₹3,967 crore in donations, including ₹1,686 crore via electoral bonds and ₹856 crore from ETs. With electoral bonds now discontinued, companies seeking a semi-anonymous way to donate have shifted to ETs—benefiting BJP the most.
According to the Election Commission, a total of ₹4,276 crore was collected through ETs in 2024-25, with BJP receiving 83.6%—more than four times the previous year. Congress received 7.3%, and Trinamool Congress 3.6%.
Major Contributions by Trusts
BJP’s largest donations came from the following ETs:
- Prudent Electoral Trust: ₹2,180.7 crore
- Progressive ET: ₹757.6 crore
- A B General ET: ₹460 crore
- New Democratic ET: ₹150 crore
- Harmony ET: ₹30.1 crore
- Triumph ET: ₹21 crore
- Jaybharath ET: ₹5 crore
- Samaj ET: ₹3 crore
- Jankalyan ET: ₹9.5 lakh
- Einzigartig ET: ₹7.75 lakh
Prudent ET remained the largest donor, distributing a total of ₹2,668 crore among 15 political parties, of which BJP received the majority share.
Other Parties See a Decline
Congress received ₹313 crore from ETs in 2024-25, down from ₹828 crore received via bonds in 2023-24 but higher than the ₹171 crore received in 2022-23. Trinamool Congress collected ₹184.5 crore, down significantly from ₹612 crore via bonds in the previous year. BJD saw a drop from ₹245.5 crore to ₹60 crore, and BRS’s ET contributions fell from ₹85 crore to ₹15 crore.
Corporate Donations Still Flowing
Overall, the data indicates that despite the electoral bond ban, corporate donations continue to find pathways to political parties, with BJP emerging as the clear beneficiary.
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