The financial years for fiscal year 19 and fiscal year 200 are significant since they preceded the Lok Sabha elections
The data of the Electoral Commission of India show that of the 15 largest states for its GSDP, 13 states have seen a growth in their political donations to fiscal year 19 to fiscal year 2014. Delhi, Gujarat and Maharashtra donations were the highest in the fiscal year24, with some corporate trusts that contribute to the largest amounts. The Bharatiya Janata (BJP) party received most of these donations, surpassing all other national parties.
The financial years for fiscal year 2019 and fiscal year 2014 are significant since they preceded the Lok Sabha elections. ECI data show that the highest political donations in the fiscal year24 come from Delhi, which saw an increase of ten times from ₹ 141 million rupees in fiscal year 2019 to ₹ 989 million rupees in the fiscal year 2014. Gujarat occupied second place, with donations that increased from ₹ 55 million rupees in the fiscal year 2019 to ₹ 404 million rupees in the fiscal year 2014. On the contrary, Maharashtra, who had contributed to ₹ 548 million rupees in fiscal year 19, saw a decrease in donations to ₹ 334 million rupees in the fiscal year 2014.
Donation ranking
Of ₹ 2,544 million rupees in donations in fiscal year 200, corporate entities represented about 88 percent or total political donations. Leading the list was the prudent electoral confidence backed by Bharati Enterprises based in Delhi, which donated ₹ 880 million rupees to national political parties, with 88 percent of that amount to BJP and 16 percent to Congress. Prudent has constantly overcome donations classifications only in the last decade. The main corporate taxpayers to the trust included DLF and Arcelor Mittal Nippon Steel, each donating ₹ 100 million rupees, and Maatha Projects LLP, which donated ₹ 75 million rupees this year this year this year this year this year this year this year this year this year this year this year this year this year this year this year this year this year this year this year this year this year this year this year this year this year
Each year, political parties have details of donation of monetary contributions that exceed ₹ 20,000 to the ECI, which also includes information about several electoral trusts backed by corporate giants, available on the ECI website. The electoral bonds were also a main means of donation, but the Supreme Court prohibited them last year.
Gujarat occupied the second place in political donations in the fiscal year24, with the infrastructure giant and the construction of the headquarters with headquarters in Ahmedabad, Drada Infracon contributing to ₹ 30 million rupees, all of which was for the BJP. Only between April and October 2023, the company donated 18 million rupees through electoral bonds. The firm recently assured a contract with the National Highway Authority of India to develop the Guwahati Ring Road, a project valued at approximately ₹ 5,700 million rupees.
Another company based in Ahmedabad, Ita Pharmaceuticals, donated ₹ 25 million rupees to the BJP in the fiscal year24, which makes it the second highest corporate donor in Gujarat. The company, which manufactures generic medicines, had previously bought ₹ 20 million rupees in electoral bonds in October 2022. In December 2022, the drug and food administration of the United States marked quality control problems in one of its facilities in Ahmedabad.
Maharashtra took third place in political donations in the fiscal year24, with derived investments that exceed the state list with a contribution of ₹ 53 million rupees. The group, involved in risk and trade capital, operates under Derive Trading and Resorts Private Ltd, which is controlled by Radhakishhan Damani, the owner of D-Mart. Derive Investments also bought ₹ 7.5 million rupees in electoral bonds, which were donated to both BJP and Congress.
In the fiscal year24, Triumph Electoral Trust, based in Tamil Nadu, donated a total of ₹ 132.5 million rupees to two parts, with ₹ 127.5 million rupees to the BJP and ₹ 5 million rupees to the DMK. The trust was funded mainly by five corporate entities based in Tamil Nadu, including Cholandalam’s investment and finance, which contributed to 50 million rupees; CG Power and Industrial Solutions, ₹ 30 million rupees; and Coromandel International Limited, ₹ 25 million rupees.
Posted on April 24, 2025
