CPI also did not declare any income from corporate for FY 2019-20 and hence has not been taken up for analysis for this period, stated ADR.

According to ADR, national parties have received the maximum corporate donations of Rs 921.95 cr in the FY 2019-20 (during which the 17th Lok Sabha elections were held), followed by Rs 881.26 cr in the FY 2018-19 and Rs 573.18 cr in the FY 2014-15 (during which the 16th Lok Sabha elections were held).

Corporate donations received in FY 2019-20 constituted 24.62% of the total corporate donations received between FY 2012-13 and 2019-20.

According to ADR, between FY 2012-13 and 2019-20, donations from corporates to National parties increased by 1024%, with a drop in the percentage of corporate donations in FY 2015-16, stated ADR.

Donations from corporates to National parties increased by 109% between FY 2017-18 and 2018-19.

Some of the top corporate donors to National Parties include Prudent Electoral Trust, which was the top donor to two of the National parties namely BJP and INC in the FY 2019-20. The Trust donated 38 times in a single year to the two parties each, amounting to a total of Rs 247.75 cr, added ADR in its analysis report.

(With inputs from agencies)