BJP Leads Electoral Bond Collection, But Congress Shows Strength in Key Areas: Data Analysis

While the Bharatiya Janata Party maintains a clear overall advantage in repaying electoral bonds, data reviewed by India Today shows that the Congress has performed relatively well in smaller areas where it is likely to win votes. 

In summary

The BJP received Rs 6,060 crore through electoral bonds and the Congress received Rs 1,422 crore.
Congress raised more money in phases 15 and 17, which coincided with the Tamil Nadu polls.
Highest deposits for Congress in October 2023 ahead of assembly polls in five states.
In addition to the ruling Bharatiya Janata Party, which has emerged as the main beneficiary of electoral bonds, the importance of a Tamil Nadu-based lottery company and a Hyderabad-based conglomerate as top spenders is significant for the election. This is not the only takeaway from the electoral bond data released by the Trustees.

Since April 2019, the Bharatiya Janata Party has raised a whopping Rs 6.06 billion through electoral bonds, against the Congress’s Rs 1,422 billion. However, there were notable exceptions when Congress was likely to win the election.
On average, from Phase 9 to Phase 30, the BJP collected 42.7% of the total collection from the Congress (9.1%). Data on this was released on Thursday. However, small pockets of parliamentary resistance were observed at several stages.
For example, data released by the Election Commission and the Association for Democratic Reforms (ADR) shows that the Congress will raise more funds than the BJP in Phases 15 and 17, corresponding to January 2021 and July 2021, respectively. succeeded in. Interestingly, these incidents coincide with parliamentary elections in states such as Tamil Nadu, Puducherry and Kerala, where the Congress position was particularly strong.

In the 15th phase, the Congress recovered his Rs 7.1 billion against the BJP’s Rs 1.5 billion and in the 17th phase, he redeemed bonds worth Rs 24.7 billion against the BJP’s Rs 1.8 billion. Interestingly, the National Congress Party’s highest amount was reported around October 2023, when it collected Rs 401.9 million against the BJP’s Rs 359 million during the same period. States scheduled to go to polls during this period include Chhattisgarh, Rajasthan, Telangana, Madhya Pradesh and Mizoram, where the party was in power or not. , a revival was expected.

In April 2023, ahead of the Karnataka elections, the second-highest deposit in a single Congress phase was reported at Rs 1,906 crore. The incumbent Bharatiya Janata Party collected Rs 334 crore in the same phase but lost the southern state. Another small step when the great old party surpassed the BJP was in July 2022, when the latter got Rs 57.5 billion against the BJP’s Rs 12.5 billion.

Meanwhile, the Bharatiya Janata Party achieved its best result in the run-up to the last Lok Sabha elections, collecting Rs 1,064 crore in April 2019 against the Congress’s Rs 118 crore; is the 9th stage electoral bond. The saffron party redeemed bonds worth Rs 770 crore next month against the Congress’s Rs 500 crore at this stage. According to the ADR, even though Phase 9 began on April 1, 2019, the data released after the Supreme Court order includes details of electoral bonds sold and redeemed after April 12, 2019.

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