Political Party Contributions Surge Ahead of Lok Sabha 2024

During 2023-24, the ruling BJP received over Rs 2,604.74 crore in contributions, significantly outpacing the opposition Congress, which gathered Rs 281.38 crore. Major donors included Prudent Electoral Trust and corporate groups via electoral bonds. Controversial figures like Santiago Martin were involved in these substantial donations.

In the fiscal year 2023-24, India's ruling BJP amassed more than Rs 2,604.74 crore in contributions, dramatically overshadowing the opposition Congress's Rs 281.38 crore funding, per the Election Commission reports.

Significant contributors included the Prudent Electoral Trust and several corporate groups. Notable figures such as Santiago Martin, under inquiry by enforcement agencies, also participated in these transactions.

These financial disclosures exclude electoral bonds, which will appear in annual audits. Meanwhile, other national parties like AAP and CPI-M reported smaller donation figures, highlighting the BJP's fundraising prowess ahead of the Lok Sabha 2024 elections.

(With inputs from agencies.)