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The Bharatiya Janata Party (BJP) received ₹6,654.93 crore in donations during the 2024-25 financial year — a Lok Sabha election year — registering a 68 per cent increase over the previous fiscal.

In its annual contribution report submitted to the Election Commission on December 8, two days ahead of the deadline, the BJP disclosed all donations exceeding ₹20,000. The report, now available on the Commission’s website, covers contributions received between April 1, 2024 and March 30, 2025 — a period marked by the general election and Assembly polls in Arunachal Pradesh, Sikkim, Andhra Pradesh, Odisha, Jammu and Kashmir, Haryana, Jharkhand, Maharashtra and Delhi.

The BJP, the world’s largest political party by membership, had reported donations of ₹3,967 crore in 2023-24. The latest figures represent the party’s highest donation receipts in the last five years.

Electoral trusts accounted for around 40 per cent of the BJP’s total donations. The Prudent Electoral Trust contributed ₹2,180 crore, followed by the Progressive Electoral Trust with ₹757 crore and the New Democratic Electoral Trust with ₹150 crore. Contributions from other electoral trusts together amounted to ₹3,112.5 crore. The remaining funds came from corporate donors and individuals. Electoral trusts are entities set up by companies to channel donations to political parties.

Among major corporate contributors, Serum Institute of India donated ₹100 crore, Rungta Sons Private Limited ₹95 crore, Vedanta ₹67 crore, and Macrotech Developers (formerly Lodha Developers) ₹65 crore. Three Bajaj Group companies together contributed ₹65 crore, while Derive Investments donated ₹50 crore.

Other notable donors included Malabar Gold (₹10 crore), Kalyan Jewellers (₹15.1 crore), Hero Group (₹23.65 crore), Dilip Buildcon Group (₹29 crore), ITC Limited (₹35 crore), Wave Industries (₹5.25 crore) and Zerodha’s investment firm, promoted by Nikhil Kamath, which contributed ₹1.5 crore.

Several BJP leaders also made individual donations. Assam Chief Minister Himanta Biswa Sarma donated ₹3 lakh, Assam minister Pijush Hazarika ₹2.75 lakh, Union Education Minister Dharmendra Pradhan ₹1 lakh, Odisha Chief Minister Mohan Charan Majhi ₹5 lakh, Indore Mayor Pushyamitra Bhargava ₹1 lakh, and Akash Vijayvargiya, son of senior BJP leader Kailash Vijayvargiya, also donated ₹1 lakh, among others.

In contrast, most opposition parties reported a sharp decline in donations. The Congress received ₹522.13 crore in 2024-25, a fall of about 43 per cent from ₹1,129 crore in the previous year. The Trinamool Congress saw donations drop to ₹184.08 crore from ₹618.8 crore, while the Bharat Rashtra Samithi reported just ₹15.09 crore, down from ₹580 crore.

The Aam Aadmi Party, however, recorded an increase, collecting ₹39.2 crore compared to ₹22.1 crore last year. The Telugu Desam Party received ₹85.2 crore in donations, down from ₹274 crore, but also earned ₹102 crore through fees and subscriptions. The Biju Janata Dal reported ₹60 crore in donations, compared to ₹246 crore in the previous fiscal.

The 2024-25 financial year is also the first without electoral bonds, after the Supreme Court struck down the scheme as unconstitutional in February 2024. Since its introduction in 2018, the electoral bond scheme had enabled political parties to receive over ₹16,000 crore in anonymous donations, with the BJP receiving the largest share. 

Mangaluru: As many as 22 affiliated private degree colleges under Mangalore University (MU) will be shut down voluntarily after they failed to seek renewal of affiliation, primarily due to poor student enrolment and operational constraints. The decision was taken at a recent Academic Council meeting of the university.

The 22 colleges are:

Aaba Women’s First Grade College, Surathkal

Anjuman First Grade College, Mangaluru

Amrutha College, Padil

Silicon College of Advance Studies, Konchady

Moegling Institute of German Language, Balmatta

Sarsa College of Arts and Science, Mangaluru

Rosario College of Management Studies, Bolar

Karavali College of Education, Mangaluru

Premakanthi College of Education, Mangaluru

Sapientia Bethany First Grade College, Nelyadi

Sri Sharada Women’s College, Sullia

Ramakunjeshwara College, Ramakunja

Hazaratha Sayad Madani Banatha Women’s College, Ullal

St. Sebastian College of Commerce, Ullal

St. Thomas College, Belthangady

Mar Ivanios College, Kadaba

Madhava Pai College, Manipal

Mookambika First Grade College, Byndoor

Varasiddhi Vinayaka First Grade College, Kundapur

B.D. Shetty College of Business Management, Udupi

Vidyanikethana First Grade College, Kaup

Krishnabai Vasudeva Shenoy Memorial College, Katpady

Vice-Chancellor Prof. P.L. Dharma said principals of the affected colleges informed the university that they were compelled to suspend admissions for several courses after failing to secure the prescribed minimum number of students. Consequently, the managements opted for voluntary closure under Section 65 of the Karnataka State Universities Act, 2000.

Apart from low enrolment, other administrative and financial factors also contributed to the decision to shut down the colleges, the Vice-Chancellor said. He clarified that the closures will not affect students who are already enrolled and currently pursuing their studies. The colleges have been directed to continue providing all student-related services, including verification of marks cards and academic records.

After the closure of these 22 colleges, the total number of colleges affiliated to Mangalore University will stand at 167, comprising 109 private colleges, 32 government colleges, nine autonomous colleges, 13 BEd colleges, and four constituent colleges.

Saudi Arabia has abolished fees on expatriate workers employed in licensed industrial establishments, signaling a strong push to empower national factories and enhance the Kingdom’s global industrial competitiveness. The move reflects the leadership’s commitment to building a sustainable and resilient industrial economy under Saudi Vision 2030.

The decision was approved by the Council of Ministers, chaired by Crown Prince and Prime Minister Mohammed bin Salman, following a recommendation from the Council of Economic and Development Affairs (CEDA). It forms part of a broader strategy to support, modernize, and strengthen the industrial sector.

By removing fees on foreign workers, industrial establishments gain greater operational flexibility and relief from financial pressures. This is expected to help factories expand production, improve efficiency, and compete more effectively in international markets, while reinforcing long-term sustainability.

The initiative aligns closely with Saudi Vision 2030, which identifies industry as a key pillar of economic diversification. A competitive and resilient industrial base is viewed as essential for driving innovation, attracting investment, and sustaining long-term economic growth.

Overall, the fee exemption underscores the Kingdom’s commitment to creating a supportive environment for industrial development and ensuring that Saudi factories remain globally competitive and capable of leading the nation’s economic transformation.