BJP electoral trust funds have overwhelmingly led political financing in 2024–25, with the party receiving nearly 83% of the ₹915 crore distributed by the Tata Group–controlled Progressive Electoral Trust (PET). This massive influx underscores the ruling party’s continued financial dominance in the post-electoral bond era.
The BJP electoral trust funds received a staggering ₹757.6 crore from PET alone, while the Congress secured only ₹77.3 crore. Overall, the BJP electoral trust funds from various trusts including New Democratic ET, Harmony ET, and Triumph ET total around ₹959 crore, far surpassing the Congress’s ₹313 crore collected through similar channels.
Major Tata companies such as Tata Sons, TCS, Tata Steel, Tata Motors, and Tata Power were key contributors to PET, directing the bulk of funds to the BJP electoral trust funds. Meanwhile, several regional parties, including TMC, BJD, and BRS, experienced a sharp decline in income following the scrapping of electoral bonds in February 2024, highlighting the shifting dynamics of political funding in India.