Political Funding Soars: Donations Triple After Electoral Bond Ban!

• Political party funding tripled to ₹3811 crore in FY 2024-25 after the Supreme Court scrapped the Electoral Bond Scheme.
• Nine electoral trusts collectively donated this amount, a significant jump from ₹1218 crore in the previous financial year.
• The BJP received the largest share, ₹3112 crore (82%), while Congress got ₹299 crore (8%).
• Prudent Electoral Trust was BJP's biggest donor, receiving funds from companies like Jindal Steel & Power, Megha Engineering, Bharti Airtel.
• Tata Group companies funded Progressive Electoral Trust, which also largely donated to the BJP.

Why It Matters: Political donations surged threefold via electoral trusts post-Electoral Bond Scheme cancellation.