Who Pays, Who Bribes, Who Flees, Who Profits: BJP’s Swelling Coffers Amid Exploding External Debt
Who Pays, Who Bribes, Who Flees, Who Profits: BJP’s Swelling Coffers Amid Exploding External Debt Posted on 6th January, 2026 (GMT 06:26 hrs) ABSTRACT India’s neoliberal delusion stands exposed in this searing critique: As the ruling Bharatiya Janata Party (BJP) amasses an astronomical financial empire—ballooning from modest pre-2014 assets to ₹7,113 crore in cash/bank balances and over ₹10,107 crore in election war chests by late 2025, propelled by ₹6,088 crore in opaque donations overwhelmingly routed through electoral trusts post the 2024 bonds ban—the nation reels under a crushing $747 billion external debt surge since 2014, an 81-82% general government debt-to-GDP ratio, and regressive taxation that fleeces salaried citizens and the poor to service crony megaprojects. This comprehensive exposé unmasks the entrenched nexus of corporate-political capture: conglomerates like Adani-Ambani reap windfalls from policy favors while enjoying 15-20% effective tax rates; super-ric...