The Aam Aadmi Party reported a 68% decline in annual contributions to ₹12.10 crore for the 2025-26 fiscal year. This downturn follows the party's exit from power in Delhi in early 2025. Financial filings reveal a high concentration of funding from two institutional donors, reflecting a broader trend of reduced voluntary contributions observed across several regional political parties this year.
The Aam Aadmi Party (AAP) has reported a significant drop in its annual contributions for the 2025-26 financial year, disclosing a total income of ₹12.10 crore. This figure represents a 68% decrease compared to the ₹38.10 crore reported in the previous fiscal period. This disclosure marks the first full reporting year since the party's transition out of the Delhi government in February 2025.
A significant portion of the party's funding remains concentrated among a few institutional sources. The financial disclosure identifies two primary donors, Prudent Electoral Trust and Trident Limited, which contributed ₹5 crore each. Together, these two contributions account for approximately 83% of the party's total reported income for the year.
The contribution from Trident Limited is particularly notable for its timing. The company, founded by Rajinder Gupta, processed the ₹5 crore donation in January 2026. Rajinder Gupta, a former Rajya Sabha member who served under the AAP banner, subsequently transitioned to the Bharatiya Janata Party (BJP) in April 2026. The disclosure filing includes a list of over 1,200 smaller entries, including nominal contributions from party officials such as the Punjab President, Aman Arora.
This trend of reduced funding is not isolated to a single party; multiple regional organizations have reported lower donation inflows following the 2024 assembly elections. The Telugu Desam Party (TDP) reported ₹58.25 crore in contributions for the period, down from ₹83.03 crore in the 2024-25 fiscal year. Similarly, the YSR Congress Party saw a sharper decline, with contributions falling to ₹24.31 crore from over ₹140 crore previously. Meanwhile, the Biju Janata Dal (BJD) reported zero contributions above the mandatory ₹20,000 threshold, continuing its established pattern of minimal transparent reporting in these disclosures.
It is important for observers to note that these financial disclosures are limited in scope. The reported figures only capture individual or institutional donations exceeding ₹20,000, as mandated by electoral transparency regulations. These disclosures do not include other revenue streams, such as membership fees, internal accruals, or funds reflected in fully audited annual accounts, which may provide a different picture of a party's total financial health.